After exhausting looks at near term analysis I decided to look at the BIG picture, and I found what seems to be undeniable to me. Keep in mind that the MAs don't lie, and the higher the time frame, the longer the impact of the crossing. So, when the MA50 crosses the MA100 (probably tomorrow) we can expect at least a short term (a few months at least) bull market based on the 50/100 MA cross. You don't have to believe me, just look at it's history on the weekly BTC chart.
As I wrote in my chart, the MA crossing happens to be at the same time the RSI Cup and Handle is supposed to impulse upward from the handle. Coincidence? I don't think so.
As I wrote in my chart, the MA crossing happens to be at the same time the RSI Cup and Handle is supposed to impulse upward from the handle. Coincidence? I don't think so.