BTC cannot cross the resistance zone.
The good news is that BTC remains above the daily 200 MA (blue line), and the bulls hope to dominate.
The daily 50 moving average (yellow line) is increasing rapidly, and in the next 2-3 weeks, we may see a golden cross (when the 50 moving average crosses the 200 moving upwards).
A golden cross is a bullish event and a new rally has begun. There is no need to panic.
The good news is that BTC remains above the daily 200 MA (blue line), and the bulls hope to dominate.
The daily 50 moving average (yellow line) is increasing rapidly, and in the next 2-3 weeks, we may see a golden cross (when the 50 moving average crosses the 200 moving upwards).
A golden cross is a bullish event and a new rally has begun. There is no need to panic.
