Bitcoin Sees Little Price Increase From Long-Term Bull Cross

Bitcoin Sees Little Price Increase From Long-Term Bull Cross

A long-lasting bitcoin chart indicator has turned bullish the very first time in 3 years.

The bullish crossover sees the 100-period cost average cross above the 200-period average regarding the chart that is three-day. The final time the chart event took place was at March 2016.

Up to now, but, the crossover has neglected to buoy costs, making the cryptocurrency within the bearish territory underneath the widely followed 200-day moving average (MA) – a barometer of this long-term trend. Continue reading “Bitcoin Sees Little Price Increase From Long-Term Bull Cross”

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