BULLISH : 🚀🚀🚀
Another bullish signal has flashed on the internet-computer:native price chart confirming the bull mode is full on. The signal is the golden cross that happens when the 50 daily moving average crosses above the 200 daily moving average.
For context the same happened in 2023 at the end of the bear market, although the rally was lackluster compared to other crypto assets, In this new cycle we expect internet-computer:native to do better than last time given that the tokenomics has been improved.
Last cycle just from token unlocs entering circulating supply, the price was very suppressed. This cycle there are no token unlocks to suppress price. there are still other inflationary forces but at least one is off the table completely.