Bitcoin recently completed a bullish golden cross
Bitcoin recently completed a bullish golden cross, where the 50DMA moved above the 200DMA (see second black arrow). This particular bullish signal has not yet materialized in the major indices.
More consolidation and potentially pullback seems probable as the upper Bollinger Band is tightening downwards, which differs from the conditions observed during prior consolidation phases (highlighted in yellow). It's now crucial for the price to break above this band to invalidate the potential bearish RSI divergence.
ETH posted with levels in the paid subscriber chat, and levels for BTC are available in the link in profile.
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