BTCUSD: Can this 4H Golden Cross push it to $72,500?BitcoinCRYPTO:BTCUSDInvestingScopeBitcoin is neutral on its 1D technical outlook (RSI = 49.996, MACD = -748.200, ADX = 18.762) as it has found support on its 4H MA50 and turned sideways. In fact, it is forming just now a 4H Golden Cross, the first one since April 11th. The price action that preceded both is identical so we might see a similar follow up, which in April-May was a strong uptrend that reached the 1.5 Fibonacci extension and got rejected on its 1D MA200. Expect a potential contact with the 1D MA200 on the 1.5 Fib again, TP = 72,500. ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##