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The post What Will Happen if Bitcoin Repeats History? Golden Cross: a Boon or Bane? appeared first on Coinpedia Fintech News
With the latest gain, Bitcoin is likely to encounter its seventh “golden cross” in the past ten years, having risen more than 40% since the year’s beginning. A “golden cross” pattern is expected this month, according to the daily period Bitcoin price chart. The 50-day SMA (blue) will cross over the 200-day SMA (red), resulting …

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