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2025-05-20 03:18:45
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finance.yahoo.com on Nostr: finance.yahoo.com ✍️ Bitcoin's price chart is echoing a bullish pattern that ...



✍️ Bitcoin's price chart is echoing a bullish pattern that foreshadowed a price surge, with the potential to confirm a 'golden cross' in the coming days.
👉 The 'golden cross' pattern is a bullish indicator that has predicted a price surge in the past
👉 The pattern occurs when the 50-day SMA crosses above the 200-day SMA
👉 The article mentions the recent downgrade of the US sovereign credit rating by Moody's
👉 Macro factors seem aligned with the bullish technical setup

#technology

https://s.yimg.com/ny/api/res/1.2/Q99VcoKVsP8I1ywNVySa1g--/YXBwaWQ9aGlnaGxhbmRlcjt3PTEyMDA7aD05MDA-/https://media.zenfs.com/en/coindesk_75/984bafece30903ecda52e5cab4544e18

https://finance.yahoo.com/news/bitcoin-nears-golden-cross-weeks-165838206.html

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