Bitcoin's dead cross MA100 and 50 on 4H frame

12 thg 9, 2021

This cross, in the best case scenario, will keep us consolidating for a while; at its worst, it will cause the further testing of MA200 on the daily or MA50 on the weekly. There however is the prospect of a golden cross of MA 50 and 200 on the daily frame which can improve the situation. Given today's dead cross on the lower time frame, the chance of that MA cross rejection is now high.