🚀 Super Rare Bullish Golden Cross Appeared on Bitcoin Chart 📈
Bitcoin, trading in the $29K - $29.1K range, dropped 4.26%, signaling a rare golden crossover. This bullish pattern occurs when the 50-day moving average crosses the 200-day moving average.
According to old examples, this is a serious upward sign.
When this intersection occurred for the third time in Bitcoin history, one of the major rallies came: the 2016 bull run and the 2020 surge. This points to a potential rally that will continue for months to come. It's time to plan your strategies! 📊📅
Golden Crosses generally coincide with price bottoms. Despite the recovery in 2023, Bitcoin's price is less than 50% of its ATH. #Bitcoin #GoldenCross #BullishTrend $BTC 🚀🔥