Bitcoin Returns to the 200-Day Moving Average! Bull Market Signal Ignited Again

Latest news, Bitcoin (BTC) has once again surpassed the crucial 200-day moving average! This historic signal often indicates greater potential for a market breakout ahead.

Looking back to April 6, Bitcoin experienced a 'Death Cross' on the daily chart—where the 50-day moving average fell below the 200-day moving average. Since its inception, Bitcoin has gone through 10 similar 'Death Crosses', and the 11th is currently unfolding.

Examining history, every genuine bear market has been accompanied by a death cross, but! Not every death cross will trigger a significant downturn. Understanding this is key to grasping the current overall situation.

Death Cross ≠ Bear Market, Returning to the 200-Day Line is the Important Sign of Confidence Returning! #TRX #xrp #PEPE‏ #BTC #ETH $TRX $XRP $ETH