Is a New Bitcoin Rally Imminent? Binance Research Analyzes Historic Signal That Appeared After 293 Days
Key Highlights Bitcoin formed a “golden cross” on September 8, when its 50-day moving average moved above its 200-day moving average. Historical cases following at least 150 days below the 200-day average recorded peak gains of approximately 100% to 600% during the subsequent year. Binance Research cautions that historical patterns are not guarantees, while elevated ...