Bitcoin retests golden cross, a break above could trigger major rally: Analyst
Bitcoin is testing the golden cross, a bullish signal that historically preceded major rallies.
Analysts say holding above $110K could trigger another parabolic surge. Bitcoin is retesting the golden cross, a bullish pattern that preceded past parabolic rallies.
The setup looks incredibly strong, a confirmed breakout could “absolutely explode” Bitcoin’s price in the coming weeks.
According to crypto market analyst Mister Crypto, Bitcoin’s previous golden crosses led to gains of 2,200% in 2017 and 1,190% in 2020.
Author's note: Bitcoin's price may surge.
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