Bitcoin is once again a golden cross - analysts forecast $ 150,000 by the end of the year: historical importance of this pattern for massive price gains

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Bitcoin bildet erneut ein Golden Cross: Analysten erwarten 150.000 US-Dollar bis Jahresende In den letzten Tagen hat Bitcoin ein Golden Cross gebildet, ein technisches Chartmuster, das in der Welt der Kryptowährungen große Aufmerksamkeit auf sich zieht. Dieses Muster entsteht, wenn der gleitende Durchschnitt der kurzfristigen Preise (in der Regel der 50-Tage-Durchschnitt) den gleitenden Durchschnitt der …
Bitcoin is another golden cross: Analysts expect $ 150,000 in the past few days in the past few days Bitcoin has formed a golden cross, a technical chart pattern that attracts great attention in the world of cryptocurrencies. This pattern arises when the moving average of short-term prices (usually the 50-day average) the moving average of ... (Symbolbild/KNAT)

Bitcoin is once again a golden cross: analysts expect $ 150,000 by the end of the year

In the past few days, Bitcoin has formed a golden cross, a technical chart pattern that attracts great attention in the world of cryptocurrencies. This pattern arises when the moving average of short-term prices (usually the 50-day average) crosses the sliding average of the long-term prices (usually the 200-day average) from bottom to top. Historically, this signal was often associated with significant price increases.

Analysts are optimistic and predict that Bitcoin could exceed the $ 150,000 mark by the end of the year. The previous market reactions on similar patterns give rise to hope. In the past, the appearance of a Golden Cross has often characterized a turning point after which significant price movements followed.

The reasons for these positive forecasts are diverse. In addition to the technical analysis, the general market environment also plays a role, which is characterized by rising institutional attitudes and growing interest in Bitcoin as a storage. However, investors and traders should remain careful because the cryptocurrency markets are known to be volatile.

In summary, it can be said that the current Golden Cross for Bitcoin is a promising signal that indicates promising price gains by the end of the year. Investors should follow the developments carefully and adjust to possible changes in the market.