On May 22, a new golden cross was formed on the bitcoin chart, reactivating a signal that, in the past, has preceded steep rises. While BTC remains below 120,000 dollars, analysts are closely watching this technical crossover between the 50-day and 200-day moving averages. Previously observed before the rallies of 2017 and 2020, this signal revives speculation about a bullish extension of the cycle that began in early 2024.
