Golden Cross Confirmed as Social Trading Platforms Reshape Speculative Landscape

Bitcoin’s 50-day moving average crossed above its 200-day moving average yesterday — the so-called golden cross — arriving 70 days after the $58.5k cycle low. In the last cycle, the same crossover occurred 78 days post-low. The signal is constructive, but history warns that golden crosses can initially serve as head fakes before the real move develops. The confirming event remains a sustained break above the 50-week moving average at $80.4k.