Bitcoin Retests Golden Cross, Potential for Major Rally
Bitcoin is testing the golden cross, a bullish signal that has historically preceded major rallies.
According to crypto market analyst Mister Crypto, a breakout above $110,000 could trigger another parabolic surge.
"The setup looks incredibly strong," and a confirmed breakout could "absolutely explode" Bitcoin's price in the coming weeks.
Historically, Bitcoin's previous golden crosses led to significant gains, including 2,200% in 2017 and 1,190% in 2020.
Analysts suggest that holding above $110,000 could ignite another parabolic move.
Author's summary: Bitcoin's golden cross retest may trigger a major rally.
More News
- 3 brush fires break out in Sumrall
- Johnnies Head Into Season With Highest-Ever Preseason Ranking
- The Waiting Game Continues For Kevin O’Connell As Timelines Collide in Minnesota - Zone Coverage
- 1300-year-old possible Communion loaf bearing image of Christ is found in Turkey - The Catholic Leader
- Mattel Invites Kids To Step Into A Life-Size Fisher-Price Little People Farm In Collingwood This October
- Armenians in Jerusalem and the dilemma of Israel's recognition of the Armenian Genocide
- Festival bodies team up to 'grow and support' future of cost-hit large-scale events - Arts Professional
- “I am confident,” State Senator Howard says Property Tax Task force will likely come up with 50 percent reduction proposal
- Marvel Just Made a Massive Change to Iron Man (And It Might Just Make Him a Villain)