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Bitcoin Teases Bull Run as Mini-Golden Cross Looms—Traders Salivate
Bitcoin Teases Bull Run as Mini-Golden Cross Looms—Traders Salivate
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Bitcoin’s 50-day moving average is creeping toward a bullish crossover with the 200-day line—the so-called ’mini golden cross’ that historically precedes major rallies. Cue the institutional FOMO.
Market watchers note this technical pattern last appeared before BTC’s 2023 surge. Now, with whales accumulating and spot ETFs sucking up supply, the stars might be aligning for another leg up. Or, you know, another ’buy the rumor, sell the news’ circus—Wall Street’s favorite crypto pastime.
Either way, the charts are flashing green. Whether that means anything in this casino of an asset class remains to be seen.
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