Bitcoin Golden Cross Day 8: Tracking the Median Path, Low Usually Lands Day 14
Bitcoin is tracking the typical post-golden-cross pattern, which is neutral to mildly positive for holders willing to wait out a few more flat days.
- Eight days after Bitcoin's golden cross, the price is sitting right on the historical median path for this signal.
- Past golden crosses usually see the low land around day 14, then the price starts climbing.
- The Fed remains the wildcard that could overpower the historical pattern.
- Price barely moved over the session, so nothing has changed in the near-term picture.
Outlook: If history holds, Bitcoin bottoms within about a week and then begins to grind higher, unless the Fed spoils the pattern.