Thursday, December 5, 2024
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Bitcoin ‘golden cross’ due in days as bears draw a line at $47K BTC price

Bitcoin (BTC) returned to $46,000 after a brief consolidation on Tuesday amid continued surprise at the strength of BTC’s price comeback.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView3 days to Bitcoin golden crossData from Cointelegraph Markets Pro and TradingView showed BTC/USD hovering around the $46,000 mark o Tuesday.The pair had spent the night

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Chainlink Paints Golden Cross as BlockFi Announces LINK Support

A golden cross formed on the Chainlink (LINK) four-hour chart a week after its price crashed by almost 45 percent from its record high of $37.07, signaling a bullish revival for the world’s ninth-largest cryptocurrency by market capitalization. In retrospect, a golden cross appears when an asset’s short-term moving average crosses

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Bitcoin Dropping to $6K ‘Golden Pocket’ Isn’t Bearish, Says Trader

Bitcoin (BTC) could crash to $6,000 and still remain bullish, one trader claimed on June 26 as the largest cryptocurrency tested $9,000 support.In a Twitter analysis, the popular trader known as SteveCrypt0 offered an alternative to the bearish sentiment coming from markets this week.Trader: $6K is “healthy correction”With BTC/USD circling

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