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Bitcoin (BTC) at $63,000 in October 2022. Bitcoin has formed a bullish golden cross and is targeting growth.
A Golden Cross is when the 50-day MA crosses the 200-day MA and the daily candle closes above them, as shown in the BTC daily chart below.
The previous similar intersection was around $8,000, after which Bitcoin rose to $65,000. So, it’s quite possible that we’ll see a similar crazy rally.
