Bulls finally got the better of stubborn bears as they smashed the $4,200 resistance level to see a sharp 20% Bitcoin price increase. The surge occurred at 07:00 UTC+1 on April 2 and managed to reach $5,000, marking the flagship cryptocurrency’s highest level in 2019. Bitcoin Price Jumps Above 200-Day Moving Average Today’s closing price will be a key indicator for where things move from here. Should Bitcoin close above the 200-day moving average, which seems likely given that the price increase has held steady above $4,700, this brings the opportunity of a golden cross pattern. Investors will look for
The post Bitcoin Price Races Toward Wildly-Bullish ‘Golden Cross’ appeared first on CCN
source https://www.ccn.com/bitcoin-price-races-toward-wildly-bullish-golden-cross
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