Bitcoin Breaks Out: Golden Cross Confirmed, Strategy Fuels Fire With $427 Million Buy
Posted On May 26, 2025
Bitcoin (CRYPTO: BTC) is back in the headlines, this time flashing a textbook Golden Cross — a bullish technical pattern that has historically preceded massive rallies in the crypto’s price.
Chart created using Benzinga Pro
Read Also: Bitcoin Vs. Ethereum? Try BTC + ETH – Why Smart Money Bets On Both
Golden Cross Sparks Momentum Shift
The golden cross occurs when the 50-day moving average crosses above the 200-day moving average, signaling a shift in long-term momentum. It signals the onset of …