Here are Three Factors Suggesting Bitcoin is Poised to Explode Higher

Here are Three Factors Suggesting Bitcoin is Poised to Explode Higher

Image Courtesy of Mohit Sorout. Chart via TradingView. These Bullish Technical Patterns Could Boost BTC in the Mid-Term  Sorout also explained that recent bull crosses between Bitcoin’s moving averages as well as a Hash Ribbons buy trigger both show that any imminent pullback may be short-lived. “50×100 & 50×200 Golden Cross is a powerful signal of long term appreciation. Couple that with a Hash Ribbons buy trigger, even if a pullback comes it should be short-lived.”

Image Courtesy of Mohit Sorout. Chart via TradingView. How the market trends in the short-term won’t negate the fact that the cryptocurrency’s long-term outlook remains bright. Featured image from Unsplash. Charts from TradingView.

 

source: https://bitcoinist.com/here-are-three-factors-suggesting-bitcoin-is-poised-to-explode-higher/?utm_source=rss&utm_medium=rss&utm_campaign=here-are-three-factors-suggesting-bitcoin-is-poised-to-explode-higher

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