Bitcoin has fallen for the second day in a row after the price failed to move past the $10,000 resistance again. The buyers expect to receive a boost from the golden crossover, which took place yesterday, in pushing the price action higher in the coming weeks. Fundamental analysis: Golden crossover takes place Just a few days after the halving event, the crypto community found another reason to expect a rally in Bitcoin prices – the golden crossover. This widely-tracked technical indicator takes place when the 50-DMA moves above the 200-DMA. The opposite of the golden crossover is the “death crossover”,
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