Bitcoin’s recent “golden cross” pattern formation was previously witnessed when BTC’s value surged on two occasions in 2020.
The crypto market has been surging recently and there’s one cryptocurrency — Bitcoin (BTC) — leading the way. After having suffered through volatility for the better part of the last 60-some days, the flagship crypto has showcased a high level of recovery, even breaking past its 200-day moving average earlier this month, suggesting that a move to the $50,000 psychological barrier may be in the cards soon.To really put things into perspective, over the last month alone, BTC has registered gains of more than 55%, helping to take the total market capitalization of this relatively nascent space back beyond the $2 trillion threshold. These startling figures can, in large part, be attributed to increased institutional adoption that has been witnessed in relation to this industry in the recent p
Mike McGlone Sights A “Divergent Strength” In Bitcoin
Bitcoin’s price performance has been highly impressive in the last few weeks. The market has led Bloomberg’s Mike…
