Chris Koyber, Videlity Digital Assets Vice President, Propagate The Golden Bitcoin death cross will turn the price of the leading cryptocurrency “above the level of $ 93,000.
According to Kuiper, the current golden cross of Bitcoin has been playing since April 7. During this period, the cryptocurrency managed to 33 %.
The last golden cross recorded by Bitcoin to pay the price of the cryptocurrency by 13 %.
“Our team will continue to monitor this trend, as the market may prepare for his next transfer,” Koyber said.
The golden cross, which was formed in October 2023, increased the price of 80 %, with Bitcoin increasing from $ 35,000 to $ 61,000.
According to Coingecko data, Bitcoin is currently changing hands at 108,622 dollars after dipping them by 2.6 % over the past 24 hours.
On Thursday, Bitcoin price reached its highest level at $ 111,814.
Since then, Bitcoin has reduced some of its recent gains after its recent escalation in the trade tensions between the United States and the European Union.
Earlier this month, Kuper saw that Bitcoin was in the “acceleration stage”. According to Fidelity, a level of $ 110,000 is likely to be a base to increase another price.
It is worth noting that the peak of November 2021 was the only time that the second gathering failed.
This time, the assembly is made with fixed ETF flows indicating a strong institutional interest. Meanwhile, retailers often remain margin.
