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May 18, 2015 10:38 AM

Golden Cross: 20 day crossed bullish above 50 day moving average 

Bitcoin / DollarBitfinex

Description

For the sake of history (before bears can destroy my chart) I wanted to point out that we had a very bullish sign.

"As long-term indicators carry more weight, the Golden Cross indicates a bull market on the horizon."
investopedia.com/terms/g/goldencross.asp

Screenshot of the current 'Golden Cross'


Price reached $237 before potential doom
Comments
beamer
beamer
100% Agree. Bullish divergences on 2H and 4H.
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