Bitcoin Forms First ‘Golden Cross’ Since 2015 Price Bottom48

For the first time since 2015, the Bitcoin price action has formed a “golden cross” pattern providing yet another signal that BTC is in a bull market. It also broke through the $5,600 price mark, setting a new 2019 high.

A golden cross chart pattern has formed for Bitcoin with the 50-day moving average (MA) crossing the 200-day MA for BTC to the upside.

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