First Weekly Golden Cross ever?
This is something to pay attention to
We may be seeing the first Golden Cross with the 100 and 200 moving averages.
We have rarely if ever seen a cross of the 100 week moving average above the 200 week moving average on bitcoin.
Check it out:
(Source: https://x.com/el_crypto_prof/status/1834912897597632707/photo/1)
This is the weekly chart and is something to pay attention to.
The weekly chart indicates longer term moves so a golden cross on the weekly might mean that we don't see bitcoin peak for a while yet.
We may just run higher for longer than just about anyone thinks is possible.
That would be nice!