Bitcoin: Daily Bullish Moving Average Crossover Complete

in #bitcoin • 7 years ago

At the close of the daily candle at 00:00 UTC today, the 12 EMA was valued higher than the 26 EMA on the daily Bitcoin chart (Bitstamp).

This is the first time this technical event has happened on the daily chart of BTCUSD since September 2017. In fact, every time this technical event occurred in 2017, the price rallied significantly.

To the moon!

daily crossover.PNG

DISCLAIMER

This post is for information and illustrative purposes only. It is not, and should not be regarded as “investment advice” or as a “recommendation” regarding a course of action.

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7 years ago in #bitcoin by
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