Technical analysis by peterbhc about Symbol BTC: Buy recommendation (8/3/2023)

BTC 3 Day Golden Cross, 4 years apart BTC 3 Day MA 50 just signaled a cross over the 3 Day MA 100. Typically a very bullish indicator. Last one signaled almost exactly 4 years ago. Notice that the price did decline after crossing in 2019, so not always a short term bullish indicator. But see how the MA 100 acted as support for many weeks, so any pullback could be very minimal for BTC as it is sitting on that moving average now. Just pointing it out. Good Luck