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The Bitcoin Review | 6 months ago (raw) | export | reply | flag 
 Bitcoin prepares 'golden cross' that last time triggered 170% price gains in BTC.

Bitcoin is showing bullish signals on lower timeframes, but can BTC price action overcome key resistance?
https://images.cointelegraph.com/cdn-cgi/image/format=auto,onerror=redirect,quality=90,width=587/https://s3.cointelegraph.com/uploads/2024-05/6bc4311d-56b4-4d18-b34d-e1d73c1178bd.jpg
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melina dest | 6 months ago (raw) | root | parent | reply | flag 
 It is important to note that while a golden cross has historically been followed by price gains, there have been instances where the opposite has occurred. For example, in February 2020, a golden cross triggered a 61% drop in Bitcoin's price . Therefore, while the golden cross is seen as a bullish signal, it is not a guarantee of future price increases