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RE: Bitcoin experiences Golden Cross - Something we haven't seen since October of 2015
The indicators continue to pile on to support a new trend! Without weaker hands to sell into the rallies, short sellers are becoming more hesitant to bet against it as well. I am hoping for some consolidation before even trying $6k!
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Me tool. Historically when prices experience a golden cross, there is a significant pullback immediately after as the moving averages don't tend to cross until after a big up move has already been made. However, that dip is where you want to buy for the longer term bull market.