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Bitcoin Flashes Bullish Golden Cross as Price Tests Key $80,000 Resistance

CryptoProwl Read original source (opens in a new tab)
The Story

News Summary

  • Bitcoin has formed a bullish golden cross pattern as its 50-day moving average crossed above the 200-day moving average.
  • Historical data shows positive 12-month returns following this signal, though analysts warn of strong overhead resistance around the $80,000 mark.
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BTCUSD price history

77637.52 +15.88% over the displayed period

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