Monday’s Market Minute: Bitcoin Breaks Above 50,000

Say what you want about Bitcoin as a product, but it’s great for volatility trading; /BTC futures have soared about 70% in a little more than a month. The 21-day Exponential Moving Average began below both the 63-EMA and 252-EMA during this same period, and has since risen above both of them to make the bullish “golden cross.