{"id":25899,"date":"2019-04-14T15:10:21","date_gmt":"2019-04-14T06:10:21","guid":{"rendered":"http:\/\/trade-center.info\/?p=25899"},"modified":"2019-04-14T15:13:05","modified_gmt":"2019-04-14T06:13:05","slug":"bitcoin-btc-still-on-track-to-form-golden-cross-pattern-despite-recent-drop-2019-04-13-%e2%88%92-%e7%a8%bc%e3%81%92%e3%82%8b%e6%8a%95%e8%b3%87%e7%b3%bb%e5%8f%a3%e3%82%b3%e3%83%9f%e6%83%85%e5%a0%b1","status":"publish","type":"post","link":"https:\/\/trade-center.info\/?p=25899","title":{"rendered":"Bitcoin (BTC) Still on Track to Form Golden Cross Pattern Despite Recent Drop &#8211; 2019\/04\/13 \u2212 \u7a3c\u3052\u308b\u6295\u8cc7\u7cfb\u53e3\u30b3\u30df\u60c5\u5831\u30b5\u30a4\u30c8\u3010Trade Center\u3011"},"content":{"rendered":"<p><span class=\"embed-youtube\" style=\"text-align:center; display: block;\"><iframe class='youtube-player' width='640' height='360' src='https:\/\/www.youtube.com\/embed\/V0Chgru_wW8?version=3&#038;rel=1&#038;showsearch=0&#038;showinfo=1&#038;iv_load_policy=1&#038;fs=1&#038;hl=ja&#038;autohide=2&#038;wmode=transparent' allowfullscreen='true' style='border:0;' sandbox='allow-scripts allow-same-origin allow-popups allow-presentation'><\/iframe><\/span><\/p>\n<p>For the most complete data on all crypto currencies check: https:\/\/coincheckup.com | The crypto research platform.<\/p>\n<p>Full credits for this video to NewsBTC who listed the info in this video on an article on their website:<br \/>\nhttps:\/\/www.newsbtc.com\/?s=Bitcoin%20%28BTC%29%20Still%20on%20Track%20to%20Form%20Golden%20Cross%20Pattern%20Despite%20Recent%20Drop<\/p>\n<p>&#8212;&#8212;&#8211;<\/p>\n<p>Transcript:<\/p>\n<p>0:00:00 Bitcoin (BTC) Still on Track to Form Golden Cross Pattern Despite Recent Drop<\/p>\n<p>0:00:06 This update is brought to you by &#8220;CoinCheckup News Updates&#8221; and was originally published on &#8220;NewsBTC&#8221;.<\/p>\n<p>0:00:12 The crypto markets have been able to halt their downwards descent, finding relatively strong levels of support slightly below their current price levels.<\/p>\n<p>0:00:20 Bitcoin &#8211; which recently dropped into the $4,900 region after quickly advancing to $5,400 &#8211; has established its recent lows as a region of support and has since been able to tepidly advance higher.<\/p>\n<p>0:00:32 Despite this recent drop, Bitcoin is still on track to form the coveted golden cross technical formation, which has preceded massive bull runs in years past, including that seen following the 2015 bear market.<\/p>\n<p>0:00:44 Bitcoin Tepidly Moves to $5,100<\/p>\n<p>0:00:48 At the time of writing, Bitcoin is trading up nominally at its current price of $5,100, up slightly from its daily lows of $5,050.<\/p>\n<p>0:00:58 Over the past several weeks, Bitcoin incurred a massive amount of buying pressure that sent it skyrocketing from one-month lows of under $4,000 to highs of $5,400.<\/p>\n<p>0:01:09 Despite the upwards momentum faltering out earlier this week, BTC\u2019s ability to hold steadily above $4,900 is a bullish sign.<\/p>\n<p>0:01:17 CryptoHornHairs, a popular cryptocurrency analyst on Twitter, told his followers in a recent tweet that the $4,900 level is a critical region of support according to a Wyckoff analysis.<\/p>\n<p>0:01:29 \u201cBitcoin &#8211; Wyckoff study &#8211; Close below $4.9k on the daily and the ICE shatters,\u201d he said, explaining that a drop below $4,900 will open the gates for significantly further losses.<\/p>\n<p>0:01:41 BTC Still Close to Forming Golden Cross Pattern<\/p>\n<p>0:01:45 The golden cross pattern is a highly bullish technical formation that occurs when an asset\u2019s 50-day moving average and 200-day MA cross one another, which has previously preceded large bull movements, including the meteoric price climb that BTC incurred following the end of the 2015 bear market.<\/p>\n<p>0:02:02 Moon Overlord, a popular cryptocurrency analyst on Twitter, spoke about the possibility that BTC is currently forming this revered pattern in a recent tweet, noting that the cryptocurrency may still be close to forming this pattern despite the recent price drop that halted Bitcoin\u2019s upwards momentum.<\/p>\n<p>0:02:18 \u201cGolden cross on<\/p>\n<p>0:02:20 Golden cross on<\/p>\n<p>0:02:22 It would be the first since October 2015 when $BTC was around $200.<\/p>\n<p>0:02:28 Assuming that Bitcoin\u2019s bulls are able to hold the cryptocurrency\u2019s price above $4,900 in the near-term, a golden cross pattern may soon form &#8211; which could confirm the start of a fresh and lasting bull trend.<\/p>\n<p>&#8212;&#8212;&#8211;<\/p>\n<p>Other Credits:<br \/>\nBackground music: Earth Tones by Hpnotic718<br \/>\nhttps:\/\/soundcloud.com\/search?q=Hpnotic718<br \/>\nCreative Commons &#8211; Ask Hpnotic718 for permission if you want to use this song.<br \/>\nMusic promoted by Audio Library https:\/\/www.youtube.com\/channel\/UCht8qITGkBvXKsR1Byln-wA<br \/>\n* Created with https:\/\/content2video.com technology | Creating videos out of your data.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>For the most complete data on all crypto currencies check: https:\/\/coincheckup.com | T\u2026","protected":false},"author":1,"featured_media":25902,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"yasr_overall_rating":0,"yasr_post_is_review":"","yasr_auto_insert_disabled":"","yasr_review_type":"","spay_email":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false},"categories":[408,1],"tags":[],"yasr_visitor_votes":{"stars_attributes":{"read_only":false,"span_bottom":false},"number_of_votes":0,"sum_votes":0},"jetpack_featured_media_url":"https:\/\/i2.wp.com\/trade-center.info\/wp-content\/uploads\/2019\/04\/50d6a13af0d263ac962c787a47e1a072.jpg?fit=1280%2C720&ssl=1","jetpack_publicize_connections":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v15.9.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<meta name=\"description\" content=\"For the most complete data on all crypto currencies check: https:\/\/coincheckup.com | The crypto research platform. Full credits for this video to NewsBTC who listed the info in this video on an article on their website: https:\/\/www.newsbtc.com\/?s=BitcoinBTCStillonTracktoFormGoldenCrossPatternDespiteRecentDrop -------- Transcript: 0:00:00 Bitcoin (BTC) Still on Track to Form Golden Cross Pattern Despite Recent Drop 0:00:06 This update is brought to you by &quot;CoinCheckup News Updates&quot; and was originally published on &quot;NewsBTC&quot;. 0:00:12 The crypto markets have been able to halt their downwards descent, finding relatively strong levels of support slightly below their current price levels. 0:00:20 Bitcoin - which recently dropped into the $4,900 region after quickly advancing to $5,400 - has established its recent lows as a region of support and has since been able to tepidly advance higher. 0:00:32 Despite this recent drop, Bitcoin is still on track to form the coveted golden cross technical formation, which has preceded massive bull runs in years past, including that seen following the 2015 bear market. 0:00:44 Bitcoin Tepidly Moves to $5,100 0:00:48 At the time of writing, Bitcoin is trading up nominally at its current price of $5,100, up slightly from its daily lows of $5,050. 0:00:58 Over the past several weeks, Bitcoin incurred a massive amount of buying pressure that sent it skyrocketing from one-month lows of under $4,000 to highs of $5,400. 0:01:09 Despite the upwards momentum faltering out earlier this week, BTC\u2019s ability to hold steadily above $4,900 is a bullish sign. 0:01:17 CryptoHornHairs, a popular cryptocurrency analyst on Twitter, told his followers in a recent tweet that the $4,900 level is a critical region of support according to a Wyckoff analysis. 0:01:29 \u201cBitcoin - Wyckoff study - Close below $4.9k on the daily and the ICE shatters,\u201d he said, explaining that a drop below $4,900 will open the gates for significantly further losses. 0:01:41 BTC Still Close to Forming Golden Cross Pattern 0:01:45 The golden cross pattern is a highly bullish technical formation that occurs when an asset\u2019s 50-day moving average and 200-day MA cross one another, which has previously preceded large bull movements, including the meteoric price climb that BTC incurred following the end of the 2015 bear market. 0:02:02 Moon Overlord, a popular cryptocurrency analyst on Twitter, spoke about the possibility that BTC is currently forming this revered pattern in a recent tweet, noting that the cryptocurrency may still be close to forming this pattern despite the recent price drop that halted Bitcoin\u2019s upwards momentum. 0:02:18 \u201cGolden cross on 0:02:20 Golden cross on 0:02:22 It would be the first since October 2015 when $BTC was around $200. 0:02:28 Assuming that Bitcoin\u2019s bulls are able to hold the cryptocurrency\u2019s price above $4,900 in the near-term, a golden cross pattern may soon form - which could confirm the start of a fresh and lasting bull trend. -------- Other Credits: Background music: Earth Tones by Hpnotic718 https:\/\/soundcloud.com\/search?q=Hpnotic718 Creative Commons - Ask Hpnotic718 for permission if you want to use this song. Music promoted by Audio Library https:\/\/www.youtube.com\/channel\/UCht8qITGkBvXKsR1Byln-wA * Created with https:\/\/content2video.com technology | Creating videos out of your data.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/trade-center.info\/?p=25899\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Bitcoin (BTC) Still on Track to Form Golden Cross Pattern Despite Recent Drop - 2019\/04\/13\" \/>\n<meta name=\"twitter:description\" content=\"For the most complete data on all crypto currencies check: https:\/\/coincheckup.com | The crypto research platform. Full credits for this video to NewsBTC who listed the info in this video on an article on their website: https:\/\/www.newsbtc.com\/?s=BitcoinBTCStillonTracktoFormGoldenCrossPatternDespiteRecentDrop -------- Transcript: 0:00:00 Bitcoin (BTC) Still on Track to Form Golden Cross Pattern Despite Recent Drop 0:00:06 This update is brought to you by &quot;CoinCheckup News Updates&quot; and was originally published on &quot;NewsBTC&quot;. 0:00:12 The crypto markets have been able to halt their downwards descent, finding relatively strong levels of support slightly below their current price levels. 0:00:20 Bitcoin - which recently dropped into the $4,900 region after quickly advancing to $5,400 - has established its recent lows as a region of support and has since been able to tepidly advance higher. 0:00:32 Despite this recent drop, Bitcoin is still on track to form the coveted golden cross technical formation, which has preceded massive bull runs in years past, including that seen following the 2015 bear market. 0:00:44 Bitcoin Tepidly Moves to $5,100 0:00:48 At the time of writing, Bitcoin is trading up nominally at its current price of $5,100, up slightly from its daily lows of $5,050. 0:00:58 Over the past several weeks, Bitcoin incurred a massive amount of buying pressure that sent it skyrocketing from one-month lows of under $4,000 to highs of $5,400. 0:01:09 Despite the upwards momentum faltering out earlier this week, BTC\u2019s ability to hold steadily above $4,900 is a bullish sign. 0:01:17 CryptoHornHairs, a popular cryptocurrency analyst on Twitter, told his followers in a recent tweet that the $4,900 level is a critical region of support according to a Wyckoff analysis. 0:01:29 \u201cBitcoin - Wyckoff study - Close below $4.9k on the daily and the ICE shatters,\u201d he said, explaining that a drop below $4,900 will open the gates for significantly further losses. 0:01:41 BTC Still Close to Forming Golden Cross Pattern 0:01:45 The golden cross pattern is a highly bullish technical formation that occurs when an asset\u2019s 50-day moving average and 200-day MA cross one another, which has previously preceded large bull movements, including the meteoric price climb that BTC incurred following the end of the 2015 bear market. 0:02:02 Moon Overlord, a popular cryptocurrency analyst on Twitter, spoke about the possibility that BTC is currently forming this revered pattern in a recent tweet, noting that the cryptocurrency may still be close to forming this pattern despite the recent price drop that halted Bitcoin\u2019s upwards momentum. 0:02:18 \u201cGolden cross on 0:02:20 Golden cross on 0:02:22 It would be the first since October 2015 when $BTC was around $200. 0:02:28 Assuming that Bitcoin\u2019s bulls are able to hold the cryptocurrency\u2019s price above $4,900 in the near-term, a golden cross pattern may soon form - which could confirm the start of a fresh and lasting bull trend. -------- Other Credits: Background music: Earth Tones by Hpnotic718 https:\/\/soundcloud.com\/search?q=Hpnotic718 Creative Commons - Ask Hpnotic718 for permission if you want to use this song. Music promoted by Audio Library https:\/\/www.youtube.com\/channel\/UCht8qITGkBvXKsR1Byln-wA * Created with https:\/\/content2video.com technology | Creating videos out of your data.\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/i2.wp.com\/trade-center.info\/wp-content\/uploads\/2019\/04\/50d6a13af0d263ac962c787a47e1a072.jpg?fit=1280%2C720&amp;ssl=1\" \/>\n<meta name=\"twitter:creator\" content=\"@DRAGON_XFILES\" \/>\n<meta name=\"twitter:site\" content=\"@DRAGON_XFILES\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\">\n\t<meta name=\"twitter:data1\" content=\"3\u5206\">\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebSite\",\"@id\":\"https:\/\/trade-center.info\/#website\",\"url\":\"https:\/\/trade-center.info\/\",\"name\":\"\\u7a3c\\u3052\\u308b\\u6295\\u8cc7\\u7cfb\\u53e3\\u30b3\\u30df\\u60c5\\u5831\\u30b5\\u30a4\\u30c8\\u3010Trade Center\\u3011\",\"description\":\"\\u4eca\\u3001\\u4f55\\u304c\\u4e00\\u756a\\u7a3c\\u3052\\u308b\\uff01\\uff1f\\u4eee\\u60f3\\u901a\\u8ca8\\u3084\\u682a\\u5f0f\\u3001FX\\u3001\\u4e0d\\u52d5\\u7523\\u306a\\u3069\\u7a3c\\u3052\\u308b\\u6295\\u8cc7\\u7cfb\\u306e\\u6700\\u65b0\\u60c5\\u5831\\u304c\\u96c6\\u307e\\u308b\\u53e3\\u30b3\\u30df\\u60c5\\u5831\\u30b5\\u30a4\\u30c8\\u3067\\u3059\\uff01\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":\"https:\/\/trade-center.info\/?s={search_term_string}\",\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"ja\"},{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/trade-center.info\/?p=25899#primaryimage\",\"inLanguage\":\"ja\",\"url\":\"https:\/\/i2.wp.com\/trade-center.info\/wp-content\/uploads\/2019\/04\/50d6a13af0d263ac962c787a47e1a072.jpg?fit=1280%2C720&ssl=1\",\"width\":1280,\"height\":720},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/trade-center.info\/?p=25899#webpage\",\"url\":\"https:\/\/trade-center.info\/?p=25899\",\"name\":\"Bitcoin (BTC) Still on Track to Form Golden Cross Pattern Despite Recent Drop - 2019\/04\/13\",\"isPartOf\":{\"@id\":\"https:\/\/trade-center.info\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/trade-center.info\/?p=25899#primaryimage\"},\"datePublished\":\"2019-04-14T06:10:21+00:00\",\"dateModified\":\"2019-04-14T06:13:05+00:00\",\"author\":{\"@id\":\"https:\/\/trade-center.info\/#\/schema\/person\/0a40ef43a0df6eb7ea139c97e6439fd5\"},\"description\":\"For the most complete data on all crypto currencies check: https:\/\/coincheckup.com | The crypto research platform. Full credits for this video to NewsBTC who listed the info in this video on an article on their website: https:\/\/www.newsbtc.com\/?s=BitcoinBTCStillonTracktoFormGoldenCrossPatternDespiteRecentDrop -------- Transcript: 0:00:00 Bitcoin (BTC) Still on Track to Form Golden Cross Pattern Despite Recent Drop 0:00:06 This update is brought to you by \\\"CoinCheckup News Updates\\\" and was originally published on \\\"NewsBTC\\\". 0:00:12 The crypto markets have been able to halt their downwards descent, finding relatively strong levels of support slightly below their current price levels. 0:00:20 Bitcoin - which recently dropped into the $4,900 region after quickly advancing to $5,400 - has established its recent lows as a region of support and has since been able to tepidly advance higher. 0:00:32 Despite this recent drop, Bitcoin is still on track to form the coveted golden cross technical formation, which has preceded massive bull runs in years past, including that seen following the 2015 bear market. 0:00:44 Bitcoin Tepidly Moves to $5,100 0:00:48 At the time of writing, Bitcoin is trading up nominally at its current price of $5,100, up slightly from its daily lows of $5,050. 0:00:58 Over the past several weeks, Bitcoin incurred a massive amount of buying pressure that sent it skyrocketing from one-month lows of under $4,000 to highs of $5,400. 0:01:09 Despite the upwards momentum faltering out earlier this week, BTC\\u2019s ability to hold steadily above $4,900 is a bullish sign. 0:01:17 CryptoHornHairs, a popular cryptocurrency analyst on Twitter, told his followers in a recent tweet that the $4,900 level is a critical region of support according to a Wyckoff analysis. 0:01:29 \\u201cBitcoin - Wyckoff study - Close below $4.9k on the daily and the ICE shatters,\\u201d he said, explaining that a drop below $4,900 will open the gates for significantly further losses. 0:01:41 BTC Still Close to Forming Golden Cross Pattern 0:01:45 The golden cross pattern is a highly bullish technical formation that occurs when an asset\\u2019s 50-day moving average and 200-day MA cross one another, which has previously preceded large bull movements, including the meteoric price climb that BTC incurred following the end of the 2015 bear market. 0:02:02 Moon Overlord, a popular cryptocurrency analyst on Twitter, spoke about the possibility that BTC is currently forming this revered pattern in a recent tweet, noting that the cryptocurrency may still be close to forming this pattern despite the recent price drop that halted Bitcoin\\u2019s upwards momentum. 0:02:18 \\u201cGolden cross on 0:02:20 Golden cross on 0:02:22 It would be the first since October 2015 when $BTC was around $200. 0:02:28 Assuming that Bitcoin\\u2019s bulls are able to hold the cryptocurrency\\u2019s price above $4,900 in the near-term, a golden cross pattern may soon form - which could confirm the start of a fresh and lasting bull trend. -------- Other Credits: Background music: Earth Tones by Hpnotic718 https:\/\/soundcloud.com\/search?q=Hpnotic718 Creative Commons - Ask Hpnotic718 for permission if you want to use this song. 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