Bitget App
Trade smarter
Open
HomepageSign up
Bitget>
News>
Analyst: Bitcoin is retesting the "golden cross" and may see a significant rebound

Analyst: Bitcoin is retesting the "golden cross" and may see a significant rebound

BlockBeats2025/10/12 14:43
BTC+4.02%

BlockBeats News, October 12, cryptocurrency market analyst Mister Crypto stated that Bitcoin is currently retesting the "golden cross," a historically bullish technical pattern that often precedes price increases. The golden cross is a bullish trading signal that occurs when a short-term moving average (typically the 50-day moving average) crosses above a long-term moving average (typically the 200-day moving average), indicating a shift from a bearish to a bullish market and suggesting that prices may start to rise. Currently, Bitcoin is hovering around $110,000, and if it can remain above this level, it could trigger another significant rally.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Currently, 346 entities hold Bitcoin.
金色财经2025/10/12 22:59

Trending news

More
1
Spot gold surpasses $4,060 per ounce, reaching a new all-time high
2
Elon Musk: Grok to Launch AI Video Detection Tool

Crypto prices

More
Bitcoin
Bitcoin
BTC
$115,228.34
+3.95%
Ethereum
Ethereum
ETH
$4,147.65
+10.58%
BNB
BNB
BNB
$1,300.61
+14.01%
Tether USDt
Tether USDt
USDT
$1
-0.01%
XRP
XRP
XRP
$2.53
+5.80%
Solana
Solana
SOL
$196.56
+10.44%
USDC
USDC
USDC
$0.9999
-0.01%
Dogecoin
Dogecoin
DOGE
$0.2073
+11.81%
TRON
TRON
TRX
$0.3229
+2.59%
Cardano
Cardano
ADA
$0.6996
+10.55%
How to sell PI
Bitget lists PI – Buy or sell PI quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now
Trade smarter