NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: SOL Strategies: The First Solana Treasury Company Listed On Nasdaq
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: SOL Strategies: The First Solana Treasury Company Listed On Nasdaq

Crypto Trader: Bitcoin Closes In On Life-Changing Golden Cross

Tony "The Bull" Severino
Tony "The Bull" Severino
5 years ago
2 mins read
bitcoin crypto golden cross

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

The cryptocurrency market is currently undecided on if Bitcoin is about to embark on its next bull run, or if it’ll fall back further into a bearish trend in the short-term.

The neutral market could finally have its decision, if a “life-changing” golden cross occurs in Bitcoin price charts, according to one crypto trader and analyst.

Golden Cross Forming on Weekly Bitcoin Charts

During the second quarter of 2019, the market was convinced that Bitcoin had begun its next bull run, and would soon reach price projections of $100,000 per BTC and higher in the coming years as the bull market comes to a peak.

Related Reading | Dot Com Vs Crypto Bubble: A Glimpse Into Human Psychology and The Future of Bitcoin?

But a fall from a triangle at the top of the early 2019 rally caused market sentiment to turn bearish, with many fearing that Bitcoin’s bear market isn’t actually over.

However, an important golden cross is close to happening on Bitcoin weekly price charts, and if it occurs, it could “change your life,” according to one crypto trader and analyst.

the cross that will change your life pic.twitter.com/ayTLNFtlxB

— Adrian Zduńczyk, CMT (@crypto_birb) November 5, 2019

In a chart shared by the analyst, a black box depicts where the golden cross is about to occur, along with a comparison demonstrating the powerful rise following the last time such a life-changing golden cross played out.

The golden cross is of the 100-week and 50-week moving averages – two important long-term moving averages that often signal to investors that a trend has legs.

Life-Changing Money: 3,900% ROI Following Last Cross on Weekly

The last time a golden cross of the 100-week and 50-week moving averages happened, was back in mid-2016, just before Bitcoin really began to skyrocket and a bubble formed.

Back then the price of Bitcoin was roughly $500 per BTC, and the golden cross kicked off a powerful rally that took the price of the asset to an all-time high price of $20,000 per BTC at its peak.

It’s incredible to think that even a $500 investment could turn into $20,000, but that’s the power of Bitcoin. No other asset has ever performed as strongly and offered such enormous “life-changing” returns for investors. The entire move represents a 3,900% ROI – a number that’s unheard of in other asset classes over an entire lifetime of an investment, let alone the year or two it took Bitcoin to reach such astronomical returns.

Related Reading | Make It Or Break It Time For Bitcoin, Rally In Jeopardy If Support Is Lost

If Bitcoin rises another 3,900% from the golden cross that is about to happen, it would take the price of Bitcoin from today’s prices at $9,250 to $370,000 per BTC – and there’s no denying that is life-changing money, especially if an investor holds more than one BTC.

Featured image by Shutterstock
Tweet123Share268ShareSend
Tony "The Bull" Severino
Tony "The Bull" Severino

Tony "The Bull" Severino

Tony "The Bull" Severino, CMT, is a distinguished figure in the cryptocurrency analysis sector, renowned for his in-depth technical expertise and innovative approach to market trends. As the Head of Research at NewsBTC, Tony leads a team dedicated to providing cutting-edge insights and forecasts, helping both novice and experienced traders navigate the complexities of the crypto market.
A seasoned Chartered Market Technician, Tony's prowess in identifying and capitalizing on market patterns is unmatched. His academic and professional journey in market analysis has firmly established him as a leading authority in technical trading strategies. Tony’s approach is heavily influenced by the principles of Elliott Wave Theory, a method known for its rigorous assessment of investor psychology and price movements.

Read more

Beyond his role at NewsBTC, Tony is the visionary founder of CoinChartist.io, an educational platform aimed at demystifying the nuances of cryptocurrency trading. CoinChartist.io serves as a valuable resource for traders seeking to enhance their technical analysis skills. The platform offers a range of learning tools and resources designed to empower traders with the knowledge to make informed trading decisions.

In addition to his educational initiatives, Tony is a prolific author and a dominant voice in the crypto community. He writes the CoinChartist VIP newsletter, a weekly dispatch that has become a staple among crypto enthusiasts, revered for its insightful analysis and actionable trading advice. This newsletter has consistently ranked as a best-seller on SubStack, boasting thousands of subscribers who rely on Tony’s expertise to guide their trading strategies.

Tony is also celebrated for his literary contributions to the field. He is the author of the highest-rated Crypto Trading Journal on Amazon.com, a testament to his ability to communicate complex trading concepts in an accessible manner. This journal is widely regarded as an essential tool for traders aiming to track their progress and refine their strategies.

Before his ascent in the financial analysis world, Tony honed his skills in journalism. His background in this field has endowed him with a unique ability to present intricate market dynamics in a clear and compelling manner, making his insights highly sought after by a broad audience that ranges from casual readers to professional traders.
His professional affiliations underscore his commitment to excellence and continuous learning. As a partner of Elliott Wave International and TradingView, Tony collaborates with other leading experts to enhance his knowledge and skills. His active membership in the CMT Association further aligns him with the highest standards of industry practices and ethics.

Tony’s nickname, "The Bull," aptly reflects his aggressive and optimistic outlook on the cryptocurrency markets. His forecasts often anticipate significant upturns, earning him a reputation for bullish predictions that have frequently led to lucrative outcomes for those who follow his advice.

In summary, Tony "The Bull" Severino, CMT, is more than just a technical analyst; he is a mentor, educator, and innovator whose influence in the cryptocurrency space continues to grow. His dedication to advancing the understanding of market forces and his commitment to providing high-quality, reliable analysis make him a pivotal figure in the world of cryptocurrency trading.

Close

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

Thumzup

Trump-Tied Thumzup Raises $50M, Merges Dogecoin Mining With XRP Plans

According to a shareholder letter, Thumzup Media completed a $50 million common stock offering at $10 per share and laid...

Christian Encila 7 hours ago
Crypto trading markt update: volatiliteit blijft hoog, groeien de zorgen?

Crypto Bull Run: Probability Of Fed Rate Cuts In September Almost At 100%

Expectations surrounding possible rate cuts by the Federal Reserve in September are nearing peak levels, especially among crypto investors. Historically,...

Scott Matherson 10 hours ago
Altcoin

‘Corporate’ Altcoin Season? Expert Shares How Crypto ETFs, Treasuries Could Change The Market

Bloomberg Exchange-Traded Fund (ETF) analyst James Seyffart shared his perspective on the long-awaited altcoin season and how it may differ...

Rubmar Garcia 11 hours ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

Ripple

Ripple’s XRP Ledger Just Introduced A Pivotal Update In Its Quest For Dominance

Scott Matherson 1 hour ago
SUI Price

SUI Price To $7? Analyst Predicts Altcoin’s Path To New ATH

Opeyemi Sule 2 hours ago
Bitcoin

Bitcoin Cycle Peak May Extend Into 2026, Decay Model Shows

Semilore Faleti 4 hours ago

Premium Sponsors

Press Releases

  • 50万ドル調達の新興プロジェクトが次の大型ミームコイン候補に浮上

    ...

    20 hours ago
  • イーサリアム売却後に注目される次のアルトコイン投資先4選

    ...

    20 hours ago
  • アルトシーズン前に投資候補となる仮想通貨プレセールの紹介

    ...

    20 hours ago
  • 仮想通貨おすすめ:市場回復期に注目すべき銘柄リスト

    ...

    21 hours ago
  • 今日注目すべき1ドル未満の新しい仮想通貨 ― 9月6日版

    今日注目すべき1ドル未満の新しい仮想通貨...

    21 hours ago

Newsletter

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.