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SYMBOL
LAST
BID
ASK
HIGH
LOW
NET CHG.
%CHG.
SPREAD
SOURCE
SPX
S&P 500 Index
7652.85
7652.85
7652.85
7670.30
7638.17
-21.51
-0.28%
--
--
DJI
Dow Jones Industrial Average
53417.16
53417.16
53417.16
53508.18
53261.95
+140.15
+ 0.26%
--
--
IXIC
NASDAQ Composite Index
25980.18
25980.18
25980.18
26109.96
25910.82
-200.26
-0.76%
--
--
USDX
US Dollar Index
98.920
98.920
99.000
99.010
98.840
+0.040
+ 0.04%
--
--
EURUSD
Euro / US Dollar
1.16616
1.16616
1.16623
1.16735
1.16508
-0.00013
-0.01%
--
--
GBPUSD
Pound Sterling / US Dollar
1.36307
1.36307
1.36317
1.36492
1.36215
+0.00012
+ 0.01%
--
--
XAUUSD
Gold / US Dollar
4642.07
4642.07
4642.50
4696.85
4617.92
-9.19
-0.20%
--
--
WTI
Light Sweet Crude Oil
82.094
82.094
82.124
85.339
81.655
-2.416
-2.86%
--
--
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SlowBear ⛅ 
ciu ciu
@SlowBear ⛅ no idea , im taking a break due to account incineration . a hobby of mine 
@ciu ciu Lol, i see i have not yet incinerate mine so lets say i am here waroking it out for you
i have not yet incinerate mine so lets say i am here waroking it out for you
Size 
Sometimes stepping away and coming back with a clear head is better than forcing another trade@Sanjeev Ku
SlowBear ⛅
Size
When you return, just make sure you’re trading the plan, not trying to recover what was lost@ciu ciu
SlowBear ⛅
Size
SlowBear ⛅
ciu ciu
@SlowBear ⛅ i will trade with my virtual account today
@ciu ciu Oh that will be real interestingm, what about that $1mil virtual account bro?
ciu ciu 
SlowBear ⛅
ciu ciu
SlowBear ⛅
@ciu ciu Oh that will be real interestingm, what about that $1mil virtual account bro?
@SlowBear ⛅ i already spend it all 
EuroTrader 
SlowBear ⛅
ciu ciu
@SlowBear ⛅ i already spend it all
@ciu ciu Oh no, not the virtual account too
SlowBear ⛅
ciu ciu
@SlowBear ⛅ i already spend it all
@ciu ciuBro you are starting to act monstereously with the market bro, like you torched everything
Lonewolve
Size
SlowBear ⛅
SlowBear ⛅
EuroTrader
SlowBear ⛅
SlowBear ⛅
@Lonewolve EURUSD is back to that dramatic environment where there is no clear path
Sanjeev Ku 
- All
- Russia-Ukraine Conflict
- Middle East Flashpoint
Bitcoin Is Signaling a Golden Cross — What Does It Mean for BTC Price?
Summary:
Most recent Bitcoin golden crosses have triggered major rallies, though not without notable failures like the February 2020 bull trap.
Key takeaways:
Bitcoin is nearing a golden cross that led to 45–60% price rallies in the recent past.
Fundamentals like rising M2 supply and easing trade tensions support a bullish outlook.
Bearish divergence and overbought conditions show there’s still a risk of BTC falling below $100,000.
Bitcoin will likely confirm a “golden cross” on its daily chart by the end of May, a technical pattern whose occurrences in recent years often preceded rallies.
Source: Benjamin Cowen
Previous golden crosses led to 45-60% BTC price rallies
As of May 20, Bitcoin’s 50-day simple moving average (50-day SMA; the red wave) was eyeing a close above its 200-day SMA (the blue wave) for the first time since October 2024, forming a golden cross.
BTC/USD daily price chart. Source: TradingView
Previously, BTC price had gained over 60%, with the reelection of Donald Trump as the US president playing a key role.
In October 2023, the golden cross was followed by a 45% BTC price rally, helped by Bitcoin ETF euphoria. September 2021 saw 50% gains in BTC price after painting a similar SMA crossover.
Bitcoin’s golden crosses can fail
Using indicators that worked in the past is not a guaranteed strategy.
Traders learned that in February 2020, when Bitcoin’s golden cross preceded a 62% price crash, primarily due to the global market rout led by the COVID-19 lockdowns.
BTC/USD daily price chart. Source: TradingView
That episode underscores the importance of using golden crosses with broader technical and macro indicators while factoring in the possibility of unexpected events.
As of now, Bitcoin’s upcoming golden cross aligns with mostly supportive fundamentals, placing the signal on the bullish side of the ledger.
Increasing M2 money supply and easing US-China trade tensions, for instance, have propelled bets on a new record high for Bitcoin.
Source: Michaël van de Poppe
What’s notable this time is that BTC is signaling a correction after its relative strength index (RSI) crossed above the overbought threshold of 70 earlier in May.
So, instead of an immediate rally after the cross, Bitcoin may initially pull back toward its SMA supports, sitting around the $92,400-95,000 range as of May 20.
BTC/USDT daily price chart. Source: TradingView
A growing bearish divergence between the rising Bitcoin price and falling RSI furthers the chances of short-term downside. Nonetheless, some technical indicators see the BTC price rallying toward $150,000 in the coming months.
Source: Cointelegraph
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