Bitcoin’s 50-day moving average just crossed above its 200-day average, sparking hopes of a major rally — a “golden cross” that’s historically preceded strong upward momentum. Prices are now nudging past the 200-day line after a 12% surge, climbing above $71K. Past golden crosses in 2023 and 2024 led to sustained gains, but skeptics warn this could be a short-lived “relief rally.” The real test? Can Bitcoin hold above these key averages and keep climbing.
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