Bitcoin has the chance to reach $155,000 in the coming months as a classic bull signal returns. As noted on X Thursday by trader Merlijn, BTC/USD has seen a new “golden cross” on the daily chart. Bitcoin golden crosses, formed when the 50-day simple moving average (SMA) crosses above its 200-day equivalent, often spark huge price gains. Their success is varied. Sometimes the 50-day SMA fails to stay above the 200-day SMA for long. Regardless of its duration, the golden cross clearly impacts BTC price action. “Every. Single. Time. This signal shows up $BTC goes vertical,” Merlijn said alongside a chart showing ... (full story)