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Bitcoin Is About To Make A Golden Cross: What Happens Next?
6 Articles
6 Articles
Bitcoin Flashes Golden Cross Signal — Is a Major BTC Rally Ahead? - Crypto News Flash
Previous golden crosses have driven significant gains, such as a 60% surge following Trump’s reelection and a 45% rally during Bitcoin ETF euphoria in 2023. Bitcoin’s rally faces key resistance at $106.6K, where 31,000 BTC remain unmoved. While retail selling is evident, strong whale absorption has kept prices steady. Bitcoin’s price once again continues to gather strength, with a 3% upside today and moving past the crucial resistance of $105,00…
In a context of macroeconomic uncertainty and market volatility, Bitcoin’s ETFs have recaptured the attention of institutional investors. On May 19, these cash-exchanged funds reported net inflows of $667 million, a move that coincides with the imminent formation of a “golden cross” in Bitcoin’s technical chart (BTC), a historic sign of long-term upward momentum. This phenomenon not only highlights the renewed interest of big financial players, …
Bitcoin is signaling a golden cross — What does it mean for BTC price? – DG Verifications & Stats
Most recent Bitcoin golden crosses have triggered major rallies, though not without notable failures like the February 2020 bull trap. Market Analysis Key takeaways: Bitcoin is nearing a golden cross that led to 45–60% price rallies in the recent past. Fundamentals like rising M2 supply and easing trade tensions support a bullish outlook. Bearish divergence and overbought conditions show there’s still a risk of BTC falling below $100,000. Bit…
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