Golden cross confirmed, bull market confirmed…

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What is the golden cross?

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!