Bitcoin's 'golden cross' signals strong Q4 rally potential

cnbc.com —

Bitcoin has formed a "golden cross" pattern for the sixth time, signaling a potential major trend shift and prompting a bullish outlook for the fourth quarter. The pattern uses 30-day and 365-day moving averages, and prior occurrences have historically preceded significant rallies, including gains of 5,789%, 645%, and 353%. The current signal follows a drawdown and bottom, with a 48% gain needed to reach October 2025 highs of $126,000. Strategist Jay Woods of Freedom Capital Markets calls it his top trade of the quarter, targeting old highs by early 2027, though he notes shorter signals have lasted only 30 to 45 days.


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Bitcoin's 'golden cross' signals strong Q4 rally potential | News Minimalist