#BTC WHAT IS A GOLDEN CROSS 💥🔥

A golden cross is a bullish technical chart pattern that occurs when a short-term moving average crosses above a long-term moving average. The most common pair is the 50-day moving average (MA) crossing above the 200-day MA.

Here’s how it typically works:

1. Downtrend phase: The 50-day MA is below the 200-day MA.

2. Crossover: The 50-day MA rises and crosses above the 200-day MA.

3. Uptrend confirmation: The 200-day MA begins to flatten or turn upward.

Traders see this as a signal that long-term momentum has turned positive, often marking the start of a new bull market or sustained rally