GOLDEN CROSS!!!!!

After the correction is September we're most likely gonna see a golden cross coming soon. A Golden Cross is a basic technical indicator that occurs in the market when a short-term moving average (50-day) of an asset rises above a long-term moving average (200-day). When traders see a Golden Cross occur, they view this chart pattern as indicative of a strong bull market. Last year in 2020 golden cross didn't play out and we saw a bear market BTC dropped 80%. That was a blackswan situation in march 2020 the whole world faced this big correctiThere are three specific phases for the Golden Cross. The first phase is where a downtrend exists but is on its last legs because selling interest is being overpowered by stronger buying interest.

The second phase involves the emergence of a new uptrend. The breakout of the new uptrend is marked when the short-term average crosses from below to above the long-term average, forming the Golden Cross.

In the final phase, the new uptrend is prolonged, with continuing gains that confirm a bull market. During this phase, the Golden Cross’ two moving averages should both act as support levels when corrective downside retracements occur. As long as both price and the 50-day average remain above the 200-day average, the bull market is considered as remaining intact.

But it's not the time to go all in. We need to have patience. Buy Multiple positions at different prices.