Bitcoin's golden cross is running ahead of past patterns
Bitcoin is up 9.5% since its golden cross 13 days ago, far ahead of the typical pattern — a good sign for holders, though it raises the odds of a pullback.
- A golden cross happened 13 days ago, and Bitcoin has gained 9.5% since then.
- Past golden crosses usually delivered only about 1.5% by this point.
- Until today the move was tracking past examples almost exactly, then it jumped.
- Some earlier golden crosses also ran far ahead of the pack, so this is unusual but not unheard of.
- The real strength in past cycles came later, roughly 30 to 50 days after the cross.
Outlook: The gain is likely to cool off and settle back toward the historical pattern, with the bigger move expected in the next month or so.