Bitcoin 'Golden Cross' Signals Start of Massive Bull Run, New ATH Forecasted

The 50-week simple moving average (SMA) of Bitcoins price has achieved a historic milestone by crossing above the 200-week SMA for the first time on record. Market enthusiasts label this occurrence as a golden cross, signaling a positive shift in asset prices. This noteworthy marker now prominently appears on the weekly price chart of Bitcoin (BTC). The term golden cross is rooted in technical analysis and denotes a favorable market condition where the short-duration SMA surpasses the long-duration SMA. The concept, along with its counterpart, the death cross (where the short-duration SMA...


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