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The Golden Cross is official!

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jondoe
79
last month

Bitcoin officially had its golden cross today

An event many traders have been waiting for finally happened today on bitcoin.

Bitcoin say it's 50 period moving average cross its 200 period moving average to the upside.

Check it out:

image.png

(Source: https://twitter.com/Joannabrag1/status/1438154649333387268/photo/1)

This is potentially a very good development for the medium term price action of bitcoin.

Golden Crosses tend to happen prior to large moves up over time.

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