Recently on Crypto Insiders you could read about a historic event in Bitcoin (BTC) price
The Bitcoin price had formed a so-called “golden cross” on the weekly chart for the first time in its history.
In my latest video, I discuss this historic moment and share my insights and analysis for Bitcoin and two popular altcoins.
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Bitcoin and the historical weekly golden cross
A unique phenomenon recently occurred with the golden cross on Bitcoin's weekly chart.
This is a technical indicator where the 50-day moving average crosses the 200-day moving average.
Although this is a lagging indicator that means little in the short term, it is potentially a strong positive sign in the long term.
This indicates an uptrend and could represent a turning point for Bitcoin's long-term trend.
New analysis for Ethereum and Solana prices
In addition to Bitcoin, I also analyzed Ethereum (ETH) and Solana (SOL).
Ethereum recently hit a liquidation zone and is showing signs of a possible bullish move. This could be an interesting opportunity for traders looking for short-term profits.
Solana, on the other hand, is in a downward channel, but there are chances of a breakout. These analyzes are crucial for anyone interested in trading these coins.
As an analyst, my goal is to provide you with the most up-to-date and comprehensive information about the crypto market.
I look at various indicators and patterns to determine what the future of this digital currency might look like.
It is important to always do your own research and never invest more than you are willing to lose.
I invite you to watch my video for more detailed analysis and insights. Together we can better understand the dynamic world of cryptocurrency and make informed decisions. Watch the video here and don't forget to subscribe for more updates.
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John always ends his videos with “Happy Trading.” Because that's what he does for traders: Through YouTube videos and course offerings, he makes difficult issues understandable and makes trading a “happy” endeavor. Thousands have taken his courses and you can start with the free introductory course here. In addition to the weekly videos, you can also get more updates on his free Telegram.
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