cryptoGats

Bitcoin and the Crypto market outlook.

BINANCE:BTCUSDT   Bitcoin / TetherUS
First the facts; On the 1D timeframe, Bitcoin has been stuck for days trying to get over the 50MA represented here in yellow. Today is the second day in a row that it has tried and failed. If by tomorrow 8 pm EST Bitcoin does not go over the 50MA decisively the odds of price dropping are very good. The overall long-term outlook to BTC is still positive. There is a massive golden cross forming on the important 3-day timeframe. If it goes down it will give us all a chance to buy very cheap alts. Alts that are 90 or 95% under all-time high. I will post my list of alts I will dive into later on. Keep an eye on that golden cross on the 3D.

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