✉news BusinessCrypto first seen 20 h ago, last 1 h ago, peak #1
Bitcoin forms 'golden cross' pattern ahead of fourth quarter
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 bullish signal. Market watchers say the cryptocurrency could be setting up for a strong fourth quarter, though technical indicators remain a contested way to predict price moves.
Why now: Traders are watching for signals of a year-end Bitcoin rally after the bullish chart pattern formed.
Rank over time, top of the chart is #1. 15 snapshots from 20 h ago to 1 h ago.
Evidence
- Bitcoin just formed a 'golden cross' pattern. The crypto is setting up for a big fourth quarter · CNBC
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