Bitcoin Retests Golden Cross, Sparking Hopes of Major Rally
Bitcoin is testing the golden cross, a bullish signal that has historically preceded major rallies.
According to crypto market analyst Mister Crypto, a breakout above $110,000 could trigger another parabolic surge.
The setup looks incredibly strong... a confirmed breakout could absolutely explode Bitcoin’s price in the coming weeks.
Mister Crypto has shared a chart noting that Bitcoin’s previous golden crosses led to gains of 2,200% in 2017 and 1,190% in 2020.
Analysts believe that holding above $110,000 could ignite another parabolic move.
Author's summary: Bitcoin's golden cross retest sparks hopes of major rally.