{"id":641606,"date":"2024-09-13T03:30:06","date_gmt":"2024-09-13T03:30:06","guid":{"rendered":"https:\/\/ktsl888.com\/?p=641606"},"modified":"2024-09-12T17:40:53","modified_gmt":"2024-09-12T17:40:53","slug":"bitcoin-golden-cross-2-month","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/news\/bitcoin\/bitcoin-golden-cross-2-month\/","title":{"rendered":"Bitcoin Forms Golden Cross On 2-Month Chart, Here\u2019s What Happened Last Time"},"content":{"rendered":"

Crypto analyst Titan of Crypto<\/span><\/a> has highlighted a bullish indicator on the Bitcoin chart. The analyst also revealed what happened the last time this pattern formed, suggesting that the leading crypto could enjoy a <\/span>significant price rally<\/span><\/a> soon enough.\u00a0<\/span><\/p>\n

Golden Cross Forms On The Bitcoin Chart<\/h2>\n

Titan of Crypto<\/span><\/a> revealed in an X (formerly Twitter) <\/span>post<\/span><\/a> that Golden Cross has formed on Bitcoin\u2019s 2-month chart. He added that the leading crypto company experienced a \u201cmassive\u201d rally every time this bullish indicator appeared on its 2-month chart. His accompanying chart showed that this happened last in 2021 when Bitcoin rose from around $13,000 to <\/span>above $60,000<\/span><\/a>.\u00a0<\/span><\/p>\n

Related Reading: Shiba Inu Accumulation: Whales Pull Out $4 Million From Exchanges, Can SHIB Recover?<\/a><\/div>\n
\"Bitcoin
Source: X<\/figcaption><\/figure>\n

While it remains to be seen what will happen this time, there is no doubt that a significant rally is long overdue for the leading crypto, considering how its price has stagnated since reaching a new <\/span>all-time high (ATH)<\/span><\/a> of $73,000 in March earlier this year. In another <\/span>X post<\/span><\/a>, Titan of Crypto suggested that the much-anticipated Bitcoin rally could begin in October.\u00a0<\/span><\/p>\n

The crypto analyst noted how the <\/span>historical bearish September<\/span><\/a> always sets the stage for risk assets like Bitcoin and US stocks to end the year with a big bounce. Meanwhile, Titan of Crypto is still confident about Bitcoin\u2019s bullish outlook despite calls that it is now in a downtrend. He stated that Bitcoin is still bullish on the monthly timeframe. He added that the crypto is still holding its Tenkan and claimed that its bullish outlook will remain intact as long as it holds above the Tenkan line at $49,900.\u00a0<\/span><\/p>\n

\"Bitcoin
Source: X<\/figcaption><\/figure>\n

Based on the accompanying chart he shared, Bitcoin needs to break above $71,000 to reach a new ATH in this market cycle. The crypto analyst had <\/span>earlier predicted<\/span><\/a> that the flagship crypto could reach a market high of $120,000 by 2025.\u00a0<\/span><\/p>\n

October Is The Month To Look Forward To<\/h2>\n

Crypto analyst Rekt Capital<\/span><\/a> also echoed a sentiment similar to Titan of Crypto, suggesting that October is the month to look forward to. He noted that history suggests Bitcoin should enjoy a breakout from the <\/span>reaccumulation range<\/span><\/a> in the next two weeks. However, he added that there is a higher chance that the breakout will occur in October.\u00a0<\/span><\/p>\n

Related Reading: AAVE Breakout: Why A 1,710% Surge Is On The Horizon<\/a><\/div>\n

October is historically a strong month for the leading crypto, especially in halving years like this one. A potential Bitcoin rally in October is expected to extend into <\/span>November and December<\/span><\/a>. Rekt Capital highlighted how the crypto has enjoyed three straight months of upside in the fourth quarter of the 2016 and 2020 <\/span>halving years<\/span><\/a>.\u00a0<\/span><\/p>\n

At the time of writing, Bitcoin is trading at around $57,700, up over 3% in the last 24 hours, according to <\/span>data<\/span><\/a> from CoinMarketCap.\u00a0<\/span><\/p>\n

\"Bitcoin
BTC price reclaims $58,000 | Source: BTCUSD on Tradingview.com<\/a><\/figcaption><\/figure>\n
Featured image created with Dall.E, chart from Tradingview.com<\/div>\n","protected":false},"excerpt":{"rendered":"

Crypto analyst Titan of Crypto has highlighted a bullish indicator on the Bitcoin chart. The analyst also revealed what happened the last time this pattern formed, suggesting that the leading crypto could enjoy a significant price rally soon enough.\u00a0 Golden Cross Forms On The Bitcoin Chart Titan of Crypto revealed in an X (formerly Twitter) post that Golden Cross has formed on Bitcoin\u2019s 2-month chart. He added that the leading crypto company experienced a \u201cmassive\u201d rally every time this bullish indicator appeared on its 2-month chart. His accompanying chart showed that this happened last in 2021 when Bitcoin rose from around $13,000 to above $60,000.\u00a0 Related Reading: Shiba Inu Accumulation: Whales Pull Out $4 Million From Exchanges, Can SHIB Recover? While it remains to be seen what will happen this time, there is no doubt that a significant rally is long overdue for the leading crypto, considering how its price has stagnated since reaching a new all-time high (ATH) of $73,000 in March earlier this year. In another X post, Titan of Crypto suggested that the much-anticipated Bitcoin rally could begin in October.\u00a0 The crypto analyst noted how the historical bearish September always sets the stage for risk assets like Bitcoin and US stocks to end the year with a big bounce. Meanwhile, Titan of Crypto is still confident about Bitcoin\u2019s bullish outlook despite calls that it is now in a downtrend. He stated that Bitcoin is still bullish on the monthly timeframe. He added that the crypto is still holding its Tenkan and claimed that its bullish outlook will remain intact as long as it holds above the Tenkan line at $49,900.\u00a0 Based on the accompanying chart he shared, Bitcoin needs to break above $71,000 to reach a new ATH in this market cycle. The crypto analyst had earlier predicted that the flagship crypto could reach a market high of $120,000 by 2025.\u00a0 October Is The Month To Look Forward To Crypto analyst Rekt Capital also echoed a sentiment similar to Titan of Crypto, suggesting that October is the month to look forward to. He noted that history suggests Bitcoin should enjoy a breakout from the reaccumulation range in the next two weeks. However, he added that there is a higher chance that the breakout will occur in October.\u00a0 Related Reading: AAVE Breakout: Why A 1,710% Surge Is On The Horizon October is historically a strong month for the leading crypto, especially in halving years like this one. A potential Bitcoin rally in October is expected to extend into November and December. Rekt Capital highlighted how the crypto has enjoyed three straight months of upside in the fourth quarter of the 2016 and 2020 halving years.\u00a0 At the time of writing, Bitcoin is trading at around $57,700, up over 3% in the last 24 hours, according to data from CoinMarketCap.\u00a0 Featured image created with Dall.E, chart from Tradingview.com<\/p>\n","protected":false},"author":594,"featured_media":413735,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[5651],"tags":[167,428,656,679,1119,89185,1122,1144,78790,6664,26263,14690],"class_list":["post-641606","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin","tag-analyst","tag-bitcoin","tag-bitcoin-news","tag-bitcoin-price","tag-btc","tag-btc-news","tag-btc-price","tag-btcusd","tag-btcusdt","tag-crypto","tag-crypto-analyst","tag-crypto-news"],"acf":[],"yoast_head":"\nBitcoin Forms Golden Cross On 2-Month Chart, Here\u2019s What Happened Last Time<\/title>\n<meta name=\"description\" content=\"Crypto analyst Titan of Crypto has highlighted a bullish indicator on the Bitcoin chart that could trigger a new rally.\" \/>\n<meta name=\"robots\" content=\"index, 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Having witnessed the evolving landscape of the crypto world firsthand, Scott is able to dissect complex crypto topics and present them in an accessible and engaging manner. Scott's dedication to clarity and accuracy has made him an indispensable asset, helping to demystify the complex world of cryptocurrency for countless readers. Scott\u2019s experience spans a number of industries outside of crypto including banking and investment. He has brought his vast experience from these industries into crypto, which allows him to understand even the most complex topics and break them down in a way that is easy for readers from all works of life to understand. Scott\u2019s pieces have helped to break down cryptocurrency processes and how they work, as well as the underlying groundbreaking technology that makes them so important to everyday life. With years of experience in the crypto market, Scott began to focus on his true passion: writing. During this time, Scott has been able to author countless influential pieces that have drawn in millions of readers and have shaped public opinion across various important topics. His repertoire spans hundreds of articles on various sectors in the crypto industry, including decentralized finance (DeFi), decentralized exchanges (DEXes), Staking, Liquid Staking, emerging technologies, and non-fungible tokens (NFTs), among others. Scott\u2019s influence is not just limited to the countless discussions that his publications have sparked but also as a consultant for major projects in the space. He has consulted on issues ranging from crypto regulations to new technology deployment. Scott\u2019s expertise also spans community building and contributes to a number of causes to further the development of the crypto industry. Scott is an advocate for sustainable practices within the crypto industry and has championed discussions around green blockchain solutions. His ability to keep in line with market trends has made his work a favorite among crypto investors. In his personal life, Scott is an avid traveler and his exposure to the world and various way of life has helped him to understand how important technologies like the blockchain and cryptocurrencies are. This has been key in his understanding of its global impact, as well as his ability to connect socio-economic developments to technological trends around the globe like no one else. Scott is known for his work in community education to help people understand crypto technology and how its existence impacts their lives. He is a well-respected figure in his community, known for his work in helping to enlighten and inspire the next generation as they channel their energies into pressing issues. His work is a testament to his dedication and commitment to education and innovation, as well as the promotion of ethical practices in the rapidly developing world of cryptocurrencies. Scott stands steady in the frontlines of the crypto revolution and is committed to helping to shape a future that promotes the development of technology in an ethical manner that translates to the benefit of all in the society.","sameAs":["https:\/\/x.com\/https:\/\/twitter.com\/MathersonScott"],"url":"https:\/\/ktsl888.com\/author\/mathersonscott1\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Bitcoin Forms Golden Cross On 2-Month Chart, Here\u2019s What Happened Last Time","url":"http:\/\/ktsl888.com\/news\/bitcoin\/bitcoin-golden-cross-2-month\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/ktsl888.com\/news\/bitcoin\/bitcoin-golden-cross-2-month\/"},"thumbnailUrl":"https:\/\/ktsl888.com\/wp-content\/uploads\/2020\/02\/bitcoin-golden-cross-crypto.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2020\/02\/bitcoin-golden-cross-crypto.jpg?fit=1000%2C667"},"articleSection":"Bitcoin","author":[{"@type":"Person","name":"Scott Matherson"}],"creator":["Scott Matherson"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/ktsl888.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["analyst","bitcoin","bitcoin news","bitcoin price","btc","btc news","btc price","btcusd","btcusdt","crypto","crypto analyst","crypto news"],"dateCreated":"2024-09-13T03:30:06Z","datePublished":"2024-09-13T03:30:06Z","dateModified":"2024-09-13T03:30:06Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Bitcoin Forms Golden Cross On 2-Month Chart, Here\\u2019s What Happened Last Time\",\"url\":\"http:\\\/\\\/ktsl888.com\\\/news\\\/bitcoin\\\/bitcoin-golden-cross-2-month\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/ktsl888.com\\\/news\\\/bitcoin\\\/bitcoin-golden-cross-2-month\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2020\\\/02\\\/bitcoin-golden-cross-crypto.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2020\\\/02\\\/bitcoin-golden-cross-crypto.jpg?fit=1000%2C667\"},\"articleSection\":\"Bitcoin\",\"author\":[{\"@type\":\"Person\",\"name\":\"Scott Matherson\"}],\"creator\":[\"Scott Matherson\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"analyst\",\"bitcoin\",\"bitcoin news\",\"bitcoin price\",\"btc\",\"btc news\",\"btc price\",\"btcusd\",\"btcusdt\",\"crypto\",\"crypto analyst\",\"crypto news\"],\"dateCreated\":\"2024-09-13T03:30:06Z\",\"datePublished\":\"2024-09-13T03:30:06Z\",\"dateModified\":\"2024-09-13T03:30:06Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/ktsl888.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2020\/02\/bitcoin-golden-cross-crypto.jpg?fit=1000%2C667","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts\/641606"}],"collection":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/users\/594"}],"replies":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/comments?post=641606"}],"version-history":[{"count":1,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts\/641606\/revisions"}],"predecessor-version":[{"id":641619,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts\/641606\/revisions\/641619"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/media\/413735"}],"wp:attachment":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/media?parent=641606"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/categories?post=641606"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/tags?post=641606"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}