What is the golden cross?
Discussion
In the context of Bitcoin, the most commonly mentioned golden crossover involves the crossing of two moving averages: the 50-day simple moving average (SMA) and the 200-day SMA.
When the 50-day SMA crosses above the 200-day SMA, it is considered a golden cross and is often interpreted as a bullish signal.
Oh that is very interesting. Thanks for the explanation!