Quote from: Dreamchaser21 on May 21, 2019, 09:59:36 PM

Quote from: twiifm on May 21, 2019, 08:31:03 PM

Many people who know technical analysis follow the signals like golden cross and death cross. I'm buying Bitcoin at the time of the golden cross on a 4-hour chart, and I'm not selling it until the death cross is seen on the 4-hour chart. I've never been hurt by now.

That golden cross makes a good profit to those who follows it, TA works sometimes and you can really relay on that. The next resistance is $8300 level and i think if we cross that level again the price of bitcoin will never be cheap again.

Technical analysis is a must to get good earning through trading. With regard to the 200 day and 50 day moving average we get the Golden Cross occur. This itself a confirmation on the stabilized growth, I too believe $8300-$8600 to be a resistance point for the next level of growth which is to reach $10k