BTC is 3 days since the creation of the Golden Cross
1 min readBTC has firmly seized the chance to reach an all-time high. So far, this process is taking place without significant problems. We saw a brief consolidation on Tuesday, after which BTC returned above $ 46,000, but there was a slight drop following reports of a hacker attack. At the time of writing, BTC was priced at approximately $ 45,500.
BTC is 3 days from the Golden Cross
After recovering from reports of attacks, BTC took over Tuesday night. However, traders and investors are currently watching an important moment that may be decisive on the way to ATH. The upcoming golden cross appears on the BTC chart. This occurs when the daily moving average and the weekly convergence / divergence average are exceeded.
What will the Golden Cross bring?
This moment has a clearly defined bull character. So three days from this moment, we probably have a very important factor ahead of us that BTC can shoot really high.
The well-known analyst RektCapital also commented on the current situation:
“The new Golden Cross is currently only 3 days away.”
#BTC confirmed the breakout with a 4HR Close above the Ascending TriangleNot only that but $ BTC has also successfully retested the top of its breakout structure.
– Rekt Capital (@rektcapital) August 10, 2021
