Crypto analytics firm CryptoQuant has highlighted an impending "golden crossover" in the Active Addresses Momentum indicator for the Bitcoin network. This crossover occurs when the shorter 30-day moving average crosses above the longer 365-day moving average, indicating a bullish reversal and upward price momentum. The analysis suggests that this golden cross is currently forming and could signal a potential bullish period for Bitcoin. However, the sustainability of the trend will depend on the strength of the crossover.
- Content Editor ( en.bitcoinsistemi.com )
- 2024-10-30
Huge “Golden Cross” Alarm in Bitcoin: Analysis Company Announced