BTC - Another Golden Cross Coming?

BINANCE:BTCUSDT   Bitcoin / TetherUS
The Bitcoin has broken through the resistance at $6000 and took hold above one. For the crypto market, it means the beginning of the new up-trend because for a long time this level was the strongest support. From the level, $6000 $BTC has formed a lot of patterns: double and triple bottom, Head & Shoulders and many more. However, this is not the last resistance on the Bitcoin upward way. The next resistance is ascending, located at $7000. We can name this resistance as the first target of the current up-trend.

By the way, if we speak about the up-trend, I can't ignore the fact that there are two golden crosses. 11th March and 25th April, after forming these two crosses, the market continued growing. And what can we see now?There is another golden cross (only forming, but will be ready soon). This time MA100 will cross MA200. This fact can cause even more volumes to the market.

Want to remind you that there is the strongest support below the current price, it is located at $6000 - $6200. You can cancell LONG position only in case $BTC falls bellow $5850.

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Crazy rally in slightly more than 24hours. Possibly time to wait for a pull-back, however the excitement can make the BTC price unstopable.

TraderVash TraderVash
@TraderVash, just wait and watch...
Actually every time golden cross appeared, BTC dumped a bit. Will you use this point for LONG?
+3 Reply
@agent474, Sure! It will be great to buy BTC around $6000 - $6200 support.
+2 Reply
Best margin signals Analysts and Channel on the market I know
+2 Reply
@MrPain1, Thank you a lot!
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