✉news BusinessCrypto first seen 7 h ago, last 53 min ago, peak #1
Bitcoin's 'golden cross' pattern fuels fourth-quarter rally hopes
Original: Bitcoin just formed a 'golden cross' pattern. The crypto is setting up for a big fourth quarter
Bitcoin has formed a 'golden cross' — a technical chart pattern where its short-term moving average crosses above its long-term average — a signal that traders often read as bullish. Analysts cited by CNBC suggest the cryptocurrency could be setting up for a strong fourth quarter, with momentum pointing to further gains ahead.
Why now: Traders and investors are watching for signs of a bullish breakout after the rare technical signal appeared.
Rank over time, top of the chart is #1. 6 snapshots from 7 h ago to 53 min ago.
Evidence
- Bitcoin just formed a 'golden cross' pattern. The crypto is setting up for a big fourth quarter · CNBC
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