I do not see this 50SMA / 200SMA cross to be bearish, as the current price is above both moving averages.
The price is also above Gaussian Channel mid-line, with channel turning to green soon (bullish on daily).
In my opinion, if we get the channel to turn bullish on the weekly we have a longer term bullish trend going.
Hope everyone has a great weekend.
Remember - Bitcoin never trades sideways for long. It is always up or down. If it's going sideways, take a look at the halving date and consider accumulation with averaging.
This is how one person could buy 10,000BTC over a week without the price going up. (which would be buying 1BTC per minute for a week straight roughly).
The price is also above Gaussian Channel mid-line, with channel turning to green soon (bullish on daily).
In my opinion, if we get the channel to turn bullish on the weekly we have a longer term bullish trend going.
Hope everyone has a great weekend.
Remember - Bitcoin never trades sideways for long. It is always up or down. If it's going sideways, take a look at the halving date and consider accumulation with averaging.
This is how one person could buy 10,000BTC over a week without the price going up. (which would be buying 1BTC per minute for a week straight roughly).
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.