Bitcoin has made some upward moves the last few days! We hoped it would as we built toward a golden cross of the 50 and 10 day moving averages. Well, we got our golden cross which is great and a bullish signal!
However, we may have moved up too fast building up to it and appear to become overbought which is why we're seeing a slight pullback yesterday and a bit today too.
The good news is that the Bollinger Bands are widening again which means there will be room to move up again! Another semi-bullish signal!
Let's keep the momentum shift and keep trending up!
Keep watching the charts! 馃搱
Please note : this is opinion and should not be taken as financial advice.
