According to Decrypt, Bitcoin recently formed a second golden cross signal after an earlier instance. A golden cross occurs when the 50‑day moving average crosses above the 200‑day moving average. The article notes that despite recurring resistance levels during the rally, this latest crossing is described as stronger than the previous one.
The piece observes that the rally continues to encounter the same wall of resistance but emphasizes that the appearance of a classic bullish indicator suggests the underlying trend may be built to last. No additional quantitative details, price figures, or quotations are provided in the source summary.
