Bitcoin Could be Forming a “Golden Cross” Pattern, Is the Next BTC Bull Run Imminent?9.2

Bitcoin has been able to continue inching higher after dropping below $5,200 earlier today, and is now approaching $5,300, which appears to be a slight level of resistance for the cryptocurrency. BTC’s upwards ascent has continued to allow many major altcoins to surge, with many cryptos trading up over 2% today.

Although Bitcoin’s price is only tepidly advancing today, its large surge over the past few days has brought it closer to forming its first-ever 20-200-day simple moving average (SMA) crossover since October of 2015 – a formation that is typically proceeded by a massive price surge.

Original source
https://www.newsbtc.com/2019/04/11/after-forming-golden-cross-pattern-is-the-next-bitcoin-btc-bull-run-imminent/

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