Bitcoin Tests Bullish Signal as Market Reacts to Trade Tensions
Bitcoin is once again testing a critical bullish pattern known as the golden cross – a technical setup that has historically preceded explosive rallies.
Crypto analyst Mister Crypto noted that similar formations fueled massive surges in previous cycles, including gains of over 1,500% in 2017 and 2020. With BTC hovering close to the key threshold, he believes momentum could quickly accelerate if the level holds.
The golden cross forms when the 50-day moving average climbs above the 200-day, signaling a potential shift in market sentiment from bearish to bullish.
Still, not everyone expects an immediate rally. Analyst Mac warned that Bitcoin must defend the $110,000 zone to keep the current cycle intact, pointing out…
