In the world of cryptocurrency trading, a ‘Golden Cross’ is a powerful technical indicator that often signals a major upward price movement. This pattern occurs when a shorter-term moving average, like the 50-day simple moving average (SMA), crosses above a longer-term moving average, such as the 100-day SMA. The crossing of these averages is seen as a bullish sign, indicating that a period of positive price momentum might be underway.·
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