Binance Research Found One Number That Separates Strong Bitcoin Rallies From Weak Ones
Bitcoin’s (BTC) September 8 golden cross came after 293 days below its 200-day average in the prior year. Binance Research says the depth of such a reset may help identify stronger recoveries. The firm’s latest weekly report compared the setup with 12 earlier crosses. Binance’s chart splits those episodes into “shallow reset” and “deep freeze” The post Binance Research Found One Number That Separates Strong Bitcoin Rallies From Weak Ones appeared first on BeInCrypto.
Key Takeaways
- Bitcoin’s (BTC) September 8 golden cross came after 293 days below its 200-day average in the prior year.
- Binance Research says the depth of such a reset may help identify stronger recoveries.
- The firm’s latest weekly report compared the setup with 12 earlier crosses.
Summary generated by IndiCrypto from BeInCrypto. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
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