Bitcoin Golden Crossover?Suggesting for a long term ATH?
Updated
Last time BTC had a golden crossover was after the China ban in October pointed with the green arrow. 50 ma crossing over 200 ma on the 4h chart.
But on the daily chart there is bearish crossover of the 50ma and the 100 ma something that didnt happen in october during the china ban see below.
Also a bullish doji on the weekly:
Im expecting a drop since its a rising wedge. WIth a selloff to 0.382 fib level. but it shouldnt go lower than 9k. if it does itll be bearish again.
this is just an neutral analysis
But on the daily chart there is bearish crossover of the 50ma and the 100 ma something that didnt happen in october during the china ban see below.
Also a bullish doji on the weekly:
Im expecting a drop since its a rising wedge. WIth a selloff to 0.382 fib level. but it shouldnt go lower than 9k. if it does itll be bearish again.
this is just an neutral analysis
Note
rising wedge brokenNote
retest of 200 ma is healthy
Note
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