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Bitcoin forms golden cross after 293 days below 200-day average

Original: 🚀 # Bitcoin firma su cruz dorada tras 293 días bajo la media de 200 sesiones. # Binance Research: los resets más profund

Bitcoin has completed a golden cross, moving back above its 200-day moving average after 293 days below it. Binance Research notes that the deepest drawdowns historically precede the strongest recoveries, fuelling optimism among traders. The main caution flagged is rising US Treasury yields, at their highest levels since 2007, which could limit further gains.

Why now: Bitcoin's golden cross is a widely watched bullish technical signal that has reignited debate about a possible rally despite high Treasury yields.

BitcoinBinance ResearchUS Treasury bonds

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• 🚀 # Bitcoin firma su cruz dorada tras 293 días bajo la media de 200 sesiones. # Binance Research: los resets más profundos anticipan las recuperaciones más fuertes. El freno: bonos del Tesoro de EE.UU. en máximos desde 2007. · WhisprNews

API: https://socialmediatrends-api.osmike.com/v1/trends/384523