Bitcoin's Golden Cross, Day 24: Mid-October Is the Step-Up
Bitcoin is 24 days past a golden cross and the pattern points to another leg higher in mid-October, which is good news for holders willing to sit through a flat stretch first.
- A golden cross happened 24 days ago, when the 50-day average crossed above the 200-day average.
- Past golden crosses show the big move usually comes around day 35 to 40 — mid-October this time.
- That next step up has historically been worth about 20%.
- The run since the cross has been hotter than usual, so a sideways pause is likely while the typical path catches up.
Outlook: Expect choppy, flat trading into mid-October, then a possible push higher.
## Bitcoin Levels
- **Bias:** Bullish into mid-October.
- **Targets:** A step up of roughly 20% from current levels around day 35-40 after the cross.