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Source: https://newssummits.com/charting-cryptocurrency-unfolding-the-art-of-technical-analysis/

Category: Business

One of the most popular strategies is the moving averages crossover. Suppose you’re observing Bitcoin and have a 50-day moving average (short-term) and a 200-day moving average (long-term) plotted on your chart. If the 50-day average exceeds the 200-day average (a ‘golden cross’), it signals a potential bull market. Conversely, if the 50-day cross is below the 200-day (a ‘death cross’), it might be time to brace for a bear market.

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