We are reaching a critical point! If we pass the 200 day moving average we can be looking at a Bull Run coming soon! Keep a close eye on the critical point I circled. Hopefully the Bearish market is finally ended and we are heading toward months of upward movement.
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Looks like Bitcoin couldn't get passed the 200 day moving average and is going towards the Death Cross. How will the market react?
@MedK, I'm still waiting for a Death or Golden Cross. The 200 day and 50 day MA hasn't crossed yet.
Asma7assan
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when do you think we will know if we pass the 200 day moving average, tonight? I'm learning to trade and was curious on how soon it will be. Thanks alot
mboody1980
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@AsmaHassan, its a 1 day chart, so yes at midnight the candle closes