Bitcoin Hits Critical Level: Analyst Predicts Bullish Run Based on Golden Cross Formation

Bitcoin has reached a critical level, according to an analyst who cites the bullish signal of a golden cross formation. This indicator suggests potential price surges akin to past bull market cycles where significant gains were observed following similar formations. The analyst points out that Bitcoin’s latest price action, already seeing a strong 28% rally since April’s low point, is poised for further growth if it breaks and closes above its trendline, unlocking the next leg up.