IOTABTC which is up around 30% so far in January has broken above the 200 day moving average for the first time in 10 months.
The idea of Coordicide is starting to be positively received by the crypto community as more people are understanding the plan and implications.
Has the year of accumulation for Iota come to an end? Maybe..
We could see a death cross as the 200 daily moving averages approaches the 50 daily moving average.
However, the MACD suggests that we could see a bullish crossover so maybe bitcoin dominance will bounce off of the 50 daily moving average. Either way, I see something significant happening soon.
As I’m starting out I feel I’m getting better at knowing when something big is about to happen. Apart from that I’ve got a long way to go. So what do you think will happen next? Learning from the beginning over here.
Following on from my last idea early today, "A Look at Iota on 2hr candle" we can see that the idea is playing out nicely so far.
We can now also see that a bullish crossover is going to happen at midnight. This should kick off the weekend with a bang for iota.
I expect to see...