Analysis: Bitcoin and MSTR have synchronized golden cross technical signals, which may indicate a new rising trend.

Odaily News Recently, Bitcoin (BTC) and its largest listed holdings institution Strategy (MSTR) have simultaneously shown a "golden cross" technical pattern on the daily chart, where the 50-day Simple Moving Average (SMA) crosses above the 100-day SMA, indicating that the short-term trend is stronger than the long-term trend, which may signal the beginning of a new rising cycle. In addition, MACD and other technical indicators also support this bullish signal. However, analysis points out that BTC is currently fluctuating within the range of $101,000 to $107,000, and if it falls below $100,000, it may trigger more profit-taking, with the pullback support level around $98,000. (CoinDesk)