Analysts Urge Caution as Golden Cross Appears in Bitcoin Chart
Analysts Caution

Analysts Urge Caution as Golden Cross Appears in Bitcoin Chart

Source: Adobe/tanantornanutraA favorite signal to look for among technical analysts, the ‘golden cross’ that appeared in bitcoin’s (BTC) price chart this week, has again gotten bitcoin holders excited about the coin’s near-term prospects. But if history is any guide, the signal’s predictive power is questionable, at least over the short-term.Defined as the crossing of the…