‘Don’t be late to the party’ — bitcoin rose 170% the last time this signal flashed


Bitcoin $26,000?

If history repeats itself (spoiler: it usually doesn’t), bitcoin could see a huge run in the next two months, according to Cointelegraph analyst Keith Wareing.

Why? Look to the cross… the “golden cross.”

Yes, bitcoin’s BTCUSD, +0.85% ascending 50-day moving average recently crossed over its 200-day moving average, a rare occurrence that had other popular crypto pundits chiming in on Twitter TWTR, +1.79%  :


Don’t be late for the party

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The Moon@TheMoonCarl

BULLISH: The golden cross has officially happened!

The 50-day MA just crossed above the 200-day MA.

This is a sign that the momentum is shifting into bullish!

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As Wareing pointed out, the last time bitcoin saw this kind of bullish action, the price shot up 170% in less than two months.

Meanwhile, optimism continues to bubble over among crypto bulls, like Max Keiser, who just raised his target from $100,000 to $400,000.

“I first made this prediction when it was $1, I said this could go to $100,000,” he said Monday on InfoWars. “I’m raising my official target for the first time in eight years, I’m raising it to $400,000.”

At last check, bitcoin was trading at $10,143.

Original story: https://tinyurl.com/wkrye97


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