Bitcoin aims to rise
On the 50-day chart, Bitcoin's moving average created a golden cross.
On the 50-day chart, Bitcoin's moving average created a golden cross. This pattern forms when the 50-day moving average crosses the 200-day moving average from the top downward. Technical analysis shows that this is a signal of the beginning of an uptrend. The appearance of a golden cross on charts could lead to higher demand for Bitcoin.
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