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Bitcoin Price Still Has Potential to Dive to $5,500, Yet Macro Uptrend Still Intact

Last week, the one-week Bitcoin chart printed an extremely bullish sign: the golden cross of the 50-week and 100-week simple moving averages, with the former crossing above the latter. (As an aside, a golden cross is when a short-term moving…
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Last Weekly Golden Cross Led Bitcoin to Rally 75% Rapidly; Will the Same Happen Now?

If you’ve been on Crypto Twitter at all over the past few months, you’ve likely noticed the phrase “Bitcoin golden cross” tossed around incessantly. The reason, the leading cryptocurrency’s weekly chart is on the…
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Bitcoin Closes on $11k as Two Technical Indicators Conflict

Bitcoin has been in a steady uptrend since the weekend. The short term picture looks promising but a conflicting technical signal indicator on a longer term chart could spell the end of the upturn. Bitcoin Almost at $11,000 A few hours ago during…
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Bitcoin Short Positions Heavily Exposed, Golden Cross Imminent as BTC Hits 50 Week MA

The battle between Bitcoin bulls and bears rages on and the former have the upper hand at the moment. As BTC grinds ever higher those short positions which have loaded up may start to get exposed which could lead to liquidation. Bitcoin has…