Analyst: Bitcoin retests the golden cross, which may trigger a sharp rebound

On October 12, Cointelegraph news, cryptocurrency market analyst Mister Crypto said that Bitcoin is retesting the "golden cross." A golden cross is a bullish trading signal in which the short-term moving average crosses above the long-term moving average, indicating that the market will turn from bearish to bullish. Bitcoin is currently hovering near $110,000, and holding above that level could trigger a rally.