@BOMBERuss 19 September 2021 more from that month

Crypto trader and youtuber Lark Davis reported that Bitcoin (BTC) has just confirmed a powerful bullish signal. In the new video, Davis told his 4x2,000 subscribers on YouTube that bitcoin has just highlighted the "golden cross" - a technical pattern that many traders see as a sign of upcoming rallies. "It happened. Officially. It was confirmed. We have a golden cross for bitcoin. This is, of course, an intersection above the 50-day moving average of the 200-day moving average. It's definitely nice to watch." Davis studied the massive golden crosses of bitcoin to assess whether this event can be considered a reliable bullish indicator. According to the crypto trader, the last time this happened was in May 2020, when bitcoin showed an increase of 700%. Davis also noted that another golden cross in April 2019, the yield of BTC+ 200%, And in September 2015, a "non-stop mega bullish rally" began, as a result of which the price of the leading cryptocurrency rose from $ Z000 to $ 20,000. The trader also considered the first BTC golden cross in February 2012, after the leading cryptocurrency grew by more than 22,000%. Otako Davis takes that the golden cross does not necessarily guarantee an upward momentum, since the one that formed in March 2020 during the two weeks before the Covid-19 pandemic eventually became a false signal. #CryptoTrading