Bitcoin flashes first golden cross in over 6 months as it hovers near $80K

The Bitcoin Symbol on Top of Stacks of Coins in Front Of a Financial Chart in the Background — mustafaU

Bitcoin’s (BTC-USD) 50-day moving average has climbed above its 200-day counterpart, generating a golden cross for the first time in more than six months.

The crossover arrives after an extended stretch in which the shorter average remained below the longer

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Bitcoin flashes first golden cross in over 6 months as it hovers near $80K

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