BTC Bulls May Charge for a Double Golden Cross Spike!
50, 100, and 200 day moving averages are showing momentum shifts that could set up for a double golden cross just after a number of support lines ($7,700 and even $8,200) have been tested successfully. The still upward 200 day may now be support. This all at the same time Google is showing record searches of Bitcoin which implies new money considering coming in. If Bulls hold $9,000 long enough to see the 50 day rise back over the 200 day, we could see a spike up through the 100 day which could be very bullish.
If you're selling, might want to consider waiting until you see what November does. Of my crypto, I'm holding long about 65% BTC and the rest altcoins.
If you're selling, might want to consider waiting until you see what November does. Of my crypto, I'm holding long about 65% BTC and the rest altcoins.
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