Bitcoin falls at $ 102,700, but the prospect of a golden cut and security aspects in the middle of US fears increase the attractiveness as a refuge.

Bitcoin falls at $ 102,700, but the prospect of a golden cut and security aspects in the middle of US fears increase the attractiveness as a refuge.

Bitcoin reaches a low point at $ 102,700 and strives for a golden cross

The Bitcoin course recently recorded a decline to $ 102,700, which has initiated new discussions about its future development. Despite the current low, the cryptocurrency remains the focus of numerous investors who speculate on a potential golden cross.

A golden cross occurs when the short -term moving average (e.g. 50 days) breaks through the long -term moving average (e.g. 200 days) from bottom to top. This is often considered a Bullish signal and could indicate an upcoming positive price development.

In addition, the concerns about US state debt and regulatory developments are considered to be safe bonds as driving forces for bitcoins. In times of economic uncertainties, many investors use Bitcoin as value preservatives, which can lead to increased demand.

The combination of short -term price declines and the continued attractiveness as a secure system could lead to Bitcoin demonstrating both technical and fundamental strength in the near future. Investors and analysts will therefore observe exactly how the markets develop and whether the desired golden cross is actually reached.