Bitcoin (BTC) is nearing its completion of a bullish golden cross.
The pioneer crypto asset could set a number of new ATHs before Q4 ends.
The top ATH target for Bitcoin this bull run is set at $380,000.
Bitcoin broke past the $68,000 price level and has been holding strong fueling powerful sentiment for an incredibly bullish Q4. Presently, the Crypto Fear & Greed Index points to a Greed signal at a score of 72, another bullish sign highlighting the great potential of a bullish Q4 and new BTC ATHs.
Bitcoin’s Golden Cross
So far, the Bitcoin (BTC) price chart has been signaling multiple bullish signs over the past few months. Between a hidden bullish divergence and a cup and handle formation, expectations for a massive bullish BTC price rally were already in the works. Presently, one analyst notives a golden cross on the BTC chart.
https://twitter.com/Washigorira/status/1847223789240676432
As we can see from the post above, this analyst shares an interesting formation on the Bitcoin (BTC) price chart. According to his observations and drawings, the BTC price chart is just about to print what could be one of the greatest bullish signals in the crypto market for Bitcoin price.
In detail, he sees a bullish Bitcoin golden cross formation on the BTC price chart. Previously, the signal came to be, it led to a bull run where BTC set its previous ATH. Last time, the golden cross was printed after a death cross and the same pattern is occurring once again. Bitcoin just completed a death cross and is about to complete a golden cross.
New Bitcoin ATHs
Once this cross is complete, Bitcoin price could shoot up exponentially over the next few months taking BTC price to the many ATH targets set for this bull cycle and the start of the bull run could begin once the golden cross is complete. Meanwhile, one silver-tongued analyst is adamant about his prediction.
https://x.com/JavonTM1/status/1847380090289868973
To specify, he says that naysayers will be proven wrong in the coming months as BTC price surpasses all his BTC ATH targets of $87,000 to $380,000. Lastly, the post above the warnings for BTC were sent multiple during the August 5 and September 6-8 dips. By the numbers, bears are weakening and bulls are looking to be coming to take over.
The post Bitcoin Golden Cross Pattern Nearly Complete, Analyst Set SIghs for New BTC ATHs From $87,000 to $380,000 appeared first on Crypto News Land.
