Bitcoin's golden cross, day 34
Bitcoin is tracking its historical golden cross playbook almost exactly, which is a mildly positive setup for holders expecting a push higher around the end of the month.
- Thirty-four days after the golden cross fired, Bitcoin is up about 5%.
- That is right in line with the typical path after past golden crosses, which showed about 4% by this point.
- Day 40 is the key marker — that is where past cycles took a noticeable step up.
- After that jump, gains usually flatten until around month four to six, when another leg higher tends to come.
Outlook: A step up in Bitcoin is expected around the end of the month, followed by a quiet stretch before the next move.