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Seven “Golden Crosses” Shine in the Top 10 as Bitcoin Enters the Club

Just as the crypto market sees the first signs of a recovery after the weekend sell-off, several major cryptoassets are showing a highly bullish signal in their charts in the form of a so-called “golden cross.“

At the time of writing (8:50 UTC), a golden cross has formed in seven out of the 10 top cryptoassets by market capitalization. Most importantly, that includes bitcoin (BTC), where the bullish signal occurred just today on the daily price chart.

Bitcoin 50 and 200-day moving average cross-over, aka. “golden cross.”