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Bitcoin Update

Bitcoin recently broke its major resistance of $40,000, and is currently moving around that price range. The question is what can we expect for it in upcoming months.

4H-Golden Cross

The 50-days MA is about to cross the 200-days MA which is know as Golden Cross is about to happen in a day or if BTC keeps near the $40k range which would indicate a good price jump for Bitcoin which could test $48k-$50k level

1D-Death Cross

In the 1Day time interval the the 200-Days Moving Average is about to cut the 50-Days Moving Average which indicates a death cross i.e, Market Down Fall if it happens then there could be serious price dump in market and BTC could even test $20K-$22K level

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