We are about to see something pretty bullish on Bitcoin

Over the last 5 years we have only see 2 Golden Crosses on the daily chart.

A Golden Cross is a technical pattern where a shorter term moving average crosses over a longer term moving average to the upside.

Usually the shorter term moving average is the 50 period moving average and the longer term moving average is the 200 period moving average.

(Source: https://www.investopedia.com/terms/g/goldencross.asp)

Well, bitcoin has only seen 2 such occurrences within the last 5 years...

And guess what?

They were extremely bullish!

The first one happened back in late 2015, right before bitcoin went on its massive run to $20k.

The second happened in early 2019 when bitcoin ran from $4k to roughly $14k.

We are about to see the 3rd one trigger tonight or tomorrow...

(Source:

https://twitter.com/Cryptocaptain10/status/1229476489873195011

- Cryptocaptain10

)

If history has been any indication, we can expect very good things to come!

In both of the last two instances, a golden cross triggered a rally than went up over 3x from the trigger point.

If that same pattern repeats here, we would see this next peak to be at least $30k...

And that would be the low estimate. :)

Stay informed my friends.

-Doc