The So Called Golden Cross!

[puremage111]

dont wait a bull run until may 2020.
there is no any cash entrance to market. after halving we can talk about bullrun.

I believe if the adoption and demand build up fast, halving gonna push Bitcoin price to a new level
Even without halving, as long as more people are getting in
The demand will always increase because the supply is static
It's not like goldmine, where you explore and search and you could get a huge chunk if you found a good Goldmine

Bitcoin isn't something like that, hence lets see!

[tomahawk9]

We still can get a pull back from the gain takers. Happened the last time we where around the golden cross.

And you were right. We're down once again (the pullback took us to the 5.4k rance again).

Looking at the charts over the last 30 days, it looks like after the pump at the beginning of the month, some people were waiting to cash out some profits at 5300, and then at 5600, although the sell off at 5.6k wasn't as big as the one in 5.3k. Still, this was an expected pullback, I wonder if this is going to become a pattern from now, if it does I'm ok with it, I'll take 'steady increases followed by a retracement' over 'sudden surges in prices without pullbacks' any day.

[tabas]

I'm fond of thinking that this golden cross should be the start of the bull run. $5,600 today and went $5,400 so fast but that won't be an hindrance because it will recover so fast and on how it went down a bit for awhile, the rise would be easy for it. Hopefully that this is going to be the sign and start of the bull run.

[Rustamm]

We are in Jully 2015. So open Bitcoins chart and calculate when bull run will start. We will get bear trap before that.

An interesting assumption. Do you mean a bear trap that was on August 25, 2015, when the price of Bitcoin fell to $203? In 2015, after this fall, prices began to rise in August and in November it was already worth $480, after which there were falls, but it grew and after a couple of months the price increased to $600. It seems that this year we can see a similar schedule.

[izanagi narukami]

The different between stock trade and crypto are of their unpredictable value.

I can use MA 100 & 200 on stock trading for example, after I made some screening about it.
From their total profit ytd , uptrend, ROI , etc
But in crypto, it's a bit different !

[5ensei]

The golden cross caused a nice pump a few years so it is assumed that history would repeat itself. However, we all know that crypto is very unpredictable so it hasn't happened yet but that's not to say it won't shoot for the moon very soon

[TomArayaSlaya]

Everyone is talking about the big cross and bull run Lets hope it doesnt hit back and most days now are filled with reds trying to break resistance I think there maybe a bull but am sure it wouldnt be that much so people expectation should atleast be minimal to avoid been disappointed