TheTravel1ngTrader

Why Bitcoin will continue its bullish run in 2019

Long
BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
Bitcoin is showing a very bullish signal on the weekly: the cross between the 55 EMA and the 100 MA. This doesn't happen often but when it does, expect Bitcoin to continue its monstrous dominance, potentially surpassing 2019 highs. We certainly might retest the 50 MA on the weekly in the short term, especially if the low volume game continues, but if this golden cross happens expect fireworks shortly thereafter.

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