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Bitcoin’s Weekly Chart May See Golden Cross for First Time in 3.5 Years

Bitcoin’s Weekly Chart May See Golden Cross for First Time in 3.5 Years – CoinDesk

Bitcoin’s short-term 50-period moving average is edging closer toward the longer-term 100-period moving average on the weekly chart, hinting at a potential bullish “golden cross” formation for the first time in 3.5 years. In the shorter term, however, total weekly volume has fallen period-to-period as indecision continues to grip the market.