New Bitcoin golden cross forming - start of a new bullrun?
Just before Bitcoin looks set to break through the ATH, the technical picture becomes very interesting now that a golden cross is beckoning on the horizon. A few more days of increase and then the fun can really begin. The last two times such a golden cross was noted, investors reacted with a bull run of 20 to even 50%.
Study this #bitcoin chart 👇
Every time a Golden Cross hits — price explodes soon after.
History doesn’t repeat…
But it sure rhymes. 🌟🚀 pic.twitter.com/CfYdEpsA9u— CRYPTOXNFT 🏆 (@cryptoxnft_) May 20, 2025
Golden cross
There are two technical signals that every investor should be aware of, namely a “death cross” and a “golden cross.” Whenever you see either of these signs in a stock or cryptocurrency, you can assume that classic investors will either take their profits and sell (in the case of a “death cross”) or increase their purchases (in the case of a “golden cross”) and that a bullrun could begin.
The golden cross is formed when the 50-day moving average rises above the 200-day moving average on a chart. Investors see this as a very bullish signal because it means that there are more buyers in the short term than in the long term and that sentiment has shifted.
If Bitcoin trades above the $100,000 level for a few more days, a new golden cross will become fact. The last two times we saw this sign, there was a rise between 20 and 50% in the weeks that followed. The formation of such a ‘golden cross’ for Bitcoin will probably also become front-page news in the business newspapers. So you have been warned.
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