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Analyst: Bitcoin and Strategy Price Charts Synchronize with Golden Cross, Potential Technical Upsurge Expected

Analyst: Bitcoin and Strategy Price Charts Synchronize with Golden Cross, Potential Technical Upsurge Expected

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Bitget2025/05/15 14:32
 

According to CoinDesk, analyst Omkar Godbole released an analysis report indicating that Bitcoin and the price chart of the largest global Bitcoin holder, Strategy, have simultaneously shown a technical bullish signal. The daily charts display the 50-day moving average crossing above the 100-day moving average, forming a "golden cross." Analyst Omkar Godbole pointed out that this simultaneous signal suggests that the short-term trend is surpassing the long-term trend, potentially indicating the start of a major bull market wave.

 

However, the analyst also noted that on-chain data shows that whale market participants are turning cautious, with the current price encountering resistance in the $101,000 to $107,000 range, and the key support level being $98,000.

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