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Bitcoin’s Latest Golden Cross Has Already Seen New All-Time Highs


Key points:

  • Bitcoin Water Cross of Bitcoin Water on everyday card is already revived to food since confirmed at the end of May.

  • The historically historically, daily gold attend the previous price in more than 2,000%.

  • Consensually always see Bitcoin that broke up after consolidating below $ 120,000.

Bitcoin (Btc) Has the possibility of reaching $ 155,000 in the months coming as a classic signal performance.

As well as noticed on x Thursday with the popular trade Mern, BTC / USD watched a new “gold” crosses on everyday card.

The Bitcoin Golden Cruises is the best news for bull

Bitcoin Biten, trained Bit in the day when the day of the day of the day (SMA) over their 200-day equivalent, often shake a price of price.

Their success is varied – Sometimes the 50-day sma fails to remain above the SMA 200 days for long. Independent of their duration,,, however, the golden cross has a clear impact on the btc price action.

“Everyone. The time. The time. This signal shows $ btc va vertical,” Mervn argued next to a chart showing historical run.

These have included tossing to giant pull-market, with both 2017 and 2020 sometimes in more than 2,000% thanks to the long golden cross.

The most recent golden crosses arrived in October 2024, when BTC / USD traded at about $ 65,000. In the three months following, the pair reached new highs of all the time of almost $ 110,000.

“They were Sepreup. The same signal,” Mervn added on the new cross, that confirmed on May 22. I am

Contain so, maximal for bitcoin has total 25% comparatively modest. Also cuptu the short cross view from 2016, the destination toward the settlement of configuration at the end of $ 155,000.

BTC / USD 1-Week Cartlone with daily gold crosses. Source: Merger the Trader / x

As well as Coupellagrafh reportedBitcoin seeing the first day of always NWA weeks at the beginning of the early 2024, something to coincide with the principle of the brightest market.

BTC Price Rardoout Hinges on $ 120,000

While consolidating below $ 120,000, bitcoin is to give market participants each reason to expect more discovered price.

In relation: Is foo again? Bitcoin first timers buy 140k btc in 2 weeks

Target Still favored $ 135,000 As the next stop point for BTC / USD as the dicks fossi macro and branches out of yourself.

“QUOTAY CLOSE ONLY ~ $ 120K RANISTANCE FOLLOWED FROM A POCKOUT POOKOUT INSTEMENT CONFIRME A BACKARD TO NEWAGE,” TERDERLAND TRADER she said X followers Friday.

The capital of Rekt observed that the consolidation was dicular of capital upward.

BTC / USD 1-Day. Source: Rekt Capital / x

This item does not contain advice or investment advice. Any movement of investment and business involves risky risk, and readers should make their own research when it makes a decision.