ARKBTC getting squeezed by Moving Averages?!

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Hey guys, this could be sth. Historically, passing the MAs (especially the 100 MA) resulted in great growth (check pink circles). 7MA already passed the 25MA . Lets see where this takes us. I also applied Fib Retracement of last cycle, so choose entry - and exit points by yourself :)
Keep in mind that this is the daily chart.
Have a good one.