Bitcoin’s Golden Cross Sparks Potential Rally

A bullish signal from Bitcoin’s golden cross history suggests a potential price surge. Past instances like the 60% gain following Trump’s reelection and a 45% rally during the 2023 Bitcoin ETF boom offer encouraging proof. However, Bitcoin faces significant resistance at $106,600, where nearly 31,000 BTC remain unmoved despite ongoing retail selling. Meanwhile, strong whale activity has mitigated price drops. With this signal and continued market dynamics, the future of Bitcoin’s price remains to be seen.