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Bitcoin Chart Flashes Golden Cross. Is the Bear Market Finally Over?

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Bitcoin Chart Flashes Golden Cross. Is the Bear Market Finally Over?

After its strongest August since 2017, Bitcoin (BTC) has faced renewed volatility in September as hawkish Fed signals and strong jobs data pressure risk assets. Yet, the daily chart has flashed a key bullish signal: a golden cross that bulls have awaited for almost a year. The setup has sparked optimism among analysts that the The post Bitcoin Chart Flashes Golden Cross. Is the Bear Market Finally Over? appeared first on BeInCrypto.

Key Takeaways

  1. After its strongest August since 2017, Bitcoin (BTC) has faced renewed volatility in September as hawkish Fed signals and strong jobs data pressure risk assets.
  2. Yet, the daily chart has flashed a key bullish signal: a golden cross that bulls have awaited for almost a year.
  3. The setup has sparked optimism among analysts that the The post Bitcoin Chart Flashes Golden Cross.
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