Bitcoin is currently retesting the 'golden cross,' a bullish technical pattern that often signals potential upward price movements, according to cryptocurrency market analyst Mister Crypto. The golden cross occurs when a short-term moving average, typically the 50-day, crosses above a longer-term moving average, such as the 200-day, indicating a shift to bullish market conditions. Bitcoin is currently trading around $110,000, and maintaining this level could lead to a significant rally.
Bitcoin Retests Golden Cross, Signaling Potential Rebound
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