What to know:
Both the MACD and the death cross recently trapped the bears in a pattern observed before the breakout above $70K.
A potential golden cross in the coming weeks could signal a bullish trend, similar to the pattern observed last year
Both the MACD and the death cross recently trapped the bears in a pattern observed before the breakout above $70K.
A potential golden cross in the coming weeks could signal a bullish trend, similar to the pattern observed last year