Need 50 MA Not To Cross Over 100 MA
Bitcoin is showing some positive signs. We have formed bullish divergence on the RSI. We just need to hope that the 50 day MA doesnt cross over the 100 day MA. Last time that we saw similar bullish divergence BTC saw 100% gain. We can hope that something similar will happen this time around but we need to recapture the 100 day MA while holding the 200 day MA. If we fail to hold the 200 day MA and we do see the 50 day MA cross over the 100 day MA then things dont look good. For now I remain nuetral.
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