According to a Twitter
survey conducted by crypto bull Thomas Lee, 24% of Crypto Twitter inhabitants
believe that the signal, which typically hints at a bull run ahead, is a trap
and that it is time to unload some Bitcoin. A golden cross occurs when a 50-day
moving average crosses the 200-day moving average from under on the daily
chart.
EToro Senior Market
Analyst Mati Greenspan opines that a bull run has been confirmed. This is based
on the fact that Bitcoin has broken the $5,350 resistance level, turning it
into a new support area:
As proof of the unreliability of using technical analysis to predict prices of tradeable assets,



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