📊 Golden Cross Incoming — What Does It Really Mean for Bitcoin?
While “Death Crosses” (50-day MA dropping below the 200-day MA) often spark fear, history has shown they frequently coincide with local market bottoms — often followed by short-term rallies.
In contrast, “Golden Crosses” — where the 50-day MA crosses above the 200-day MA — are generally viewed as bullish signals. But here's the nuance:
➡️ They often occur after price has already rallied.
➡️ Short-term pullbacks can still happen immediately after a Golden Cross, before resuming the trend.
📅 In recent cycles (2021–2024), Golden Crosses didn’t always mark major tops or bottoms — but they often signaled trend continuation and offered solid entries, especially after minor dips.
With a new Golden Cross likely just days away, it's worth watching closely.
Not all technical patterns are predictive… but they can offer perspective.