Bitcoin’s Golden Cross: A Healthy Dip or Something More?

Despite Bitcoin’s recent golden cross – where the 50-day EMA crossed above the 200-day EMA, a historically bullish signal – the cryptocurrency has experienced a significant pullback. The price has dropped from highs around $112,000 to test support just above $107,000. While some traders are concerned about this sudden drop, experts believe it’s a normal part of the process and could even be beneficial for future growth.