Bitcoin Rally Cools, But a Golden Cross Is Coming
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Bitcoin’s rally has lost momentum, with price consolidating after its recent advance and traders watching for renewed direction. Technical analysts expect a bullish “golden cross,” in which the 50-day moving average rises above the 200-day average, potentially reinforcing positive sentiment. However, the signal is lagging and does not guarantee further gains, leaving Bitcoin vulnerable to continued volatility or a pullback before any sustained breakout.
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