✉news BusinessCrypto first seen 1 d ago, last 1 h ago, peak #1
Bitcoin forms 'golden cross' pattern, traders eye strong 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 as a bullish signal. Market watchers cited by CNBC suggest the cryptocurrency could be setting up for significant gains in the fourth quarter, adding to optimism among traders about Bitcoin's near-term price direction.
Why now: Traders and crypto investors are watching Bitcoin's chart signals closely ahead of the final quarter of the year.
Rank over time, top of the chart is #1. 18 snapshots from 1 d 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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