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Bitcoin Sees First Ever Weekly 'Golden Cross,' a Bullish Signal to Some

The 50-week simple moving average (SMA) of bitcoin's price has crossed above the 200-week SMA for the first time on record.

Updated Mar 8, 2024, 8:05 p.m. Published Jan 17, 2024, 7:37 a.m.
Bitcoin's weekly price chart (TradingView)
Bitcoin's weekly price chart (TradingView)