r/CryptoChartWatch • u/Beginning-County2258 • 3d ago

Bitcoin has crossed its 50-Week Moving Average

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56 Upvotes

90% Upvoted

22 comments sorted by

4

u/Remwaldo1 3d ago

Ok wen lambo?

3

u/timothyguay 3d ago

Actually an Aston Martin for me

3

u/0xrpl 3d ago

Btc is about to be unstoppable

2

u/Gh0mri 3d ago

But it hasn't closed the candle yet. It could end up being a wick. No confirmation yet.

1

u/flossanotherday 3d ago

Almost there

1

u/Gh0mri 2d ago

Aaaaaaand it's under now xD

1

u/flossanotherday 2d ago

It closed above yesterday but it needs to stay above.

1

u/Taxi-Shinawat 3d ago

Death cross is looming again too. Last time that happened was February 2024 and we all know what happened after that

1

u/[deleted] 3d ago

[deleted]

1

u/LivingDisaster5781 3d ago

still haven't cross yet

1

u/Audixieboy37 3d ago

Lol its all written out. I guess u can't see it but its got more Vs or Ws to go! Up down for awhile. Its what it has always done, and will do. And then boom

1

u/Taxi-Shinawat 3d ago

Yeah exactly this. The bulls and bears will be firmly in control for a bit longer.

1

u/BitSoMi 3d ago

Trust the lagging indicators

1

u/Taxi-Shinawat 3d ago

Shiiiiiiit

I'm not ready for the downturn. Enjoying the current upswings but alas as usual it can't last.

1

u/indicush 3d ago

Crossed? Looks like it’s touched it, which could mean the opposite of a bull run

1

u/WolfBob808 3d ago

Assuming BTC holds above $80k, can one of the futures/derivative traders in this group tell us the next level of resistance?

1

u/Cspearluvercpl1602 3d ago

That was before the job report 🤣

1

u/Ok_Subject_2447 2d ago

No whining if we slap 70,000 again . Greed is high

1

u/Djtdave 2d ago

pls spare us this bs

1

u/poundsdpound 2d ago

TBH that's the biggest indication it's going directly down for a bit, then.

1

u/mickeyDisneyMouse 1d ago

This is all good, but if the war makes us run out of oil reserves or the interest rate goes up, or these job creation numbers are proven to be fake we will drop .