BITCOIN: June/July 2019 Golden Cross and Bull Market Beginning
Disclaimer: This chart was inspired by a popular Youtuber and experienced trader. It's an important trend which should be shared and studied.
Based on Bitcoin price action in 2014/2015 Bear & Bull Market, the 50 day and 200 day moving average crossovers were clear indicators of the beginning and end of the Bear and Bull markets. Based on the current 50 day and 200 day moving average's in the 2018/2019 market, we should anticipate a Golden Cross in June or July of 2019. Keep an eye on this indicator as it could indicate the beginning of a new bull market and a great LONG BUY OPPORTUNITY.
Based on Bitcoin price action in 2014/2015 Bear & Bull Market, the 50 day and 200 day moving average crossovers were clear indicators of the beginning and end of the Bear and Bull markets. Based on the current 50 day and 200 day moving average's in the 2018/2019 market, we should anticipate a Golden Cross in June or July of 2019. Keep an eye on this indicator as it could indicate the beginning of a new bull market and a great LONG BUY OPPORTUNITY.