Bitcoin Hits A Golden Cross

[Stedsm]

It isn't all just pegged to the kind of optimism that you expect around crypto when everything looks just so recovering, because as it hit that 5-months high, the Tether issue showed up which created an environment of FUD and made BTC to drop almost 6% in just a few minutes. The thing is, BTC still looks to be in a very critical condition and until it doesn't cross $6300, it's not good enough to expect to long over this beast because a breakout under $5k will definitely throw it towards $4800 - 4500 areas. There's one more news coming from India too that they're probably going to ban usage of cryptocurrencies here completely (which I think that 99.9% is a lie) and this also created too much stress in the markets because India is a very big economy and has got many more countries following it, so I believe that an outright ban here could result in having those following countries getting involved in either banning or reframing their regulations towards crypto.

[Kelvinid]

Always remember manipulation is in the market we will see first a correction before we go to the high price, Yes we already hit a Golden Cross after so many years but market is unpredictable and risky for everyone people want to see again the all time high but the current price are far away from expectation price its better to always check the chart and market price.

As we are expecting to have another  ATH this year but it takes a while to make it.  We are in 5 months continuous rising but it is not enough to have a big jump as 2017 did.  I don't see any market manipulations or even hypes around causing these flows, it is purely a market demand bringing up into having an uptrend motion.

[leowonderful]

On the other hand, there does seem to be at least some bullish news coming out that's obviously overshadowed by the entire Tether debacle right now, including TD Ameritrade now offering clients the ability to trade Bitcoin futures and ETrade soon allowing its users to trade Bitcoin and Ethereum in the near future (a tweet here for more info). Things could be much worse than they are now though, and prices still haven't fallen below $5000 USD for the time being. We've seemingly found some support near the $5000s but more bad news on the side of Tether and other things could definitely start another leg down.

[Pumared]

People who know the graphics and indicators have been watching the golden cross for some time. And when that last worked exactly, Bitcoin walked to 20K.

But before he reached his highs, he corrected more than 50%. So you have to be careful with this case. This market is young and very many risks in it.

Precisely this correction we have already passed will not be resumed.  We will go direct with a fast growth, but with few corrections and organic

[NavI_027]

On the mid-morning of 23 April 2019, the 50-day moving average at $4,489 while the 200-day moving average was at $4,478 as stated in the bullish indicator reading.

Ahh, so this is called the golden cross, now I know. A 50-day equalizing a 200-day moving average? That was so impressive because it means that btc growth is now 4x faster .

Actually, I haven't take a look in the market these past few days and now it surprised me a lot knowing that btc's price is now stable (at least for now) in the $5.5K mark. That was good for us because not only of the uptrend itself but also because it brings hope for every crypto investors and aspiring ones. I can feel the positivity in the air, I hope this continues, I'm not yet concluding that it is a bull run but I'm now more looking forward into it .

[Cherylstar86]

People who know the graphics and indicators have been watching the golden cross for some time. And when that last worked exactly, Bitcoin walked to 20K.

But before he reached his highs, he corrected more than 50%. So you have to be careful with this case. This market is young and very many risks in it.

Precisely this correction we have already passed will not be resumed.  We will go direct with a fast growth, but with few corrections and organic

  The market was driven by high volatility which is totally change on its own. Somehow, bull trend has started to break the barrier after suffering the long months of bearishness and the current phase has shown a good sign to witness a gradual pump of market. Hopefully it will arise and exceed the desirable peak.

[joshy23]

People who know the graphics and indicators have been watching the golden cross for some time. And when that last worked exactly, Bitcoin walked to 20K.

But before he reached his highs, he corrected more than 50%. So you have to be careful with this case. This market is young and very many risks in it.

Precisely this correction we have already passed will not be resumed.  We will go direct with a fast growth, but with few corrections and organic

  The market was driven by high volatility which is totally change on its own. Somehow, bull trend has started to break the barrier after suffering the long months of bearishness and the current phase has shown a good sign to witness a gradual pump of market. Hopefully it will arise and exceed the desirable peak.

In a little way, the rise created impact and attract investors making it move little by little, and with that spectators are now coming and trying
to sort the trade and place buy entry position, is good to see that the movement right now still positive even we are experiencing some reversal
or corrections if that is might be, but the stand ground still good for this current positioning.

[Idrisu]

The trend is that price will rise with the announcement of halving, but not just for him but a general recovery of the market.

I am not understand!  Is halving a man?  Bitcoin has not even started to react to halving yet because there is no need for that and the current recovering the cryptocurrencies market is experiencing right now.  I think we are going to see more bullish trend as positive events are happening.

[Febo]

Bitcoin Hits A Golden Cross

Full article here: https://www.unblock.news/market/bitcoin-hits-a-golden-cross

In 2015 it hit it 3 times from July to October. So where are we right now on your opinion?

[tomahawk9]

ncluding TD Ameritrade now offering clients the ability to trade Bitcoin futures and ETrade soon allowing its users to trade Bitcoin and Ethereum in the near future (a tweet here for more info).

This is extremely bullish, especially the ETrade part. I'm expecting a lot of investors that have tons of capital sitting on this platform to finally start trying their hands on crypto trading. So this is what some people like Tom Lee expected to see this year, financial instituions jumping into the crypto bandwagon allowing a massive influx of new capital into the market...Second half of the year can't look more bullish than this 

[FIFA worldcup]

Bitcoin hits its five-month high as surged up to the $5,500 benchmark.

Full article here: https://www.unblock.news/market/bitcoin-hits-a-golden-cross

Golden cross and death cross are the major factor in determining the market sentiment for the next few months and Golden cross is definitely a good  sign for bitcoin.

I think the price of bitcoin will steadily increase, and there are 2 months that likely to make bitcoin price increase.
1. At the end of the year 2019 which is December
2. At May 2020 which the month of the bitcoin halving happened

Bitcoin movement depends upon both technical and fundamental analysis. Bitcoin price will surge when we have both strong fundamentals and technical analysis.

[r1a2y3m4]

I don't know why is there so much excitement about the price. Yes, we can see some positive trends but we are still far from bull run and also don't forget that price can change very quickly. I'm not convinced that this is actually true recovery of the market so sone corrections could be expected soon.

Probably this could be a waiting game we should all play. I'm excited about the positive trend of the price yet I do think also that there is no significant proof that we'll expecting bull run in the near future. But we can't really blame the OP, speculating the price is a freedom for all of us .

[Johnzky]

Bitcoin hits its five-month high as surged up to the $5,500 benchmark.

Full article here: https://www.unblock.news/market/bitcoin-hits-a-golden-cross

But it drops again to $5,200 .hope we will have more golden cross this year and if does will hit $10,000 by the end year

Bitcoin Hits A Golden Cross

Full article here: https://www.unblock.news/market/bitcoin-hits-a-golden-cross

In 2015 it hit it 3 times from July to October. So where are we right now on your opinion?

Obviously we’re in the first cross and waiting for another one,and another for the whole year

Always remember manipulation is in the market we will see first a correction before we go to the high price, Yes we already hit a Golden Cross after so many years but market is unpredictable and risky for everyone people want to see again the all time high but the current price are far away from expectation price its better to always check the chart and market price.

Correction?lol we have already done correcting in 2018 mid.today we are waiting for the pump and nothing more since we already reached the bottom

[Pursuer]

Always remember manipulation is in the market we will see first a correction before we go to the high price, Yes we already hit a Golden Cross after so many years but market is unpredictable and risky for everyone people want to see again the all time high but the current price are far away from expectation price its better to always check the chart and market price.

Correction?lol we have already done correcting in 2018 mid.today we are waiting for the pump and nothing more since we already reached the bottom

correction is not something that ends or happens once! it always happens each time there is a rise without exception because "traders" have to sell to take their profit out otherwise they are not traders, they are investors. and as they sell the price comes down "a little" coming down to a higher level compared to the start hence it is called correction.
what we had in second half of 2018 was not a correction anymore, it was a dump or manipulation for the most part specially any price below $6k was 100% the result of manipulation.

[coolcoinz]

I completely agree with the above. Corrections appear because traders are taking profits and when the previous bear market was ending with a golden cross it was also followed by a similar event. The price even temporarily hit a death cross but came back up after a couple days. Now we've experienced an immediate pullback after the golden cross, just like the last time.
I was also sure that the price will remain at 6000 simply because there was no fundamentals pointing towards a larger drop and the bearish sentiment was very weak in August of 2018, but with BTC it only takes a group of rich people to get together and create a temporary sell wall to trigger a cascade of bots and panic sellers.

[Adriano2010]

I think is good that bitcoin already start to grow, and i think we will have a higher price for bitcoin once time passes, and also i think that a bull run is possible if not this year next year.

[martychubbs]

At least it’s alive. We’ve seen some drastic changes in its price and though the news are cheerful I still feel somewhat concern about such dynamics.

[2chase]

It seems to me that during the next few weeks nothing extraordinary will happen to Bitcoin, most likely during the month of May Bitcoin will still vary in the range from 5100 to 5600. The breakthrough will occur either in late May or early June. So far, you can try to earn on the fact that Bitcoin has small fluctuations.

[AjithBtc]

After the price fall reaching around $5200 now there is good forward move with the price. The Golden cross is getting closer and soon we can see it getting crossed. This is the one that's been expected much by the users at present, following the event can expect a price crash before bull run which can be used for investment.

[Pumared]

After the price fall reaching around $5200 now there is good forward move with the price. The Golden cross is getting closer and soon we can see it getting crossed. This is the one that's been expected much by the users at present, following the event can expect a price crash before bull run which can be used for investment.

This correction should come soon, would be a good entry and perhaps a last chance to buy cheap to expect large values such as 7k or 10k