✉news BusinessCrypto first seen 16 h ago, last 27 min ago, peak #1
Bitcoin's 'golden cross' 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 that occurs when a short-term moving average crosses above a long-term one, often read by traders as a signal of building upward momentum. Market watchers say the cryptocurrency could be positioning itself for a strong fourth quarter, though analysts caution that chart patterns alone do not guarantee gains.
Why now: Traders are watching the bullish chart signal amid expectations of a year-end Bitcoin rally.
Rank over time, top of the chart is #1. 5 snapshots from 5 h ago to 27 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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