Analyst: Bitcoin and Strategy price charts show 'golden crossover' in sync, may welcome technical gains

BlockBeats news, on May 15th, according to CoinDesk, analyst Omkar Godbole released an analysis report stating that technical bullish signals appeared in the price charts of Bitcoin and Strategy, the world's largest Bitcoin company holder. Daily charts showed that the 50 day moving average crossed the 100 day moving average, forming a "golden cross". Analyst Omkar Godbole pointed out that this synchronous signal indicates that the short-term trend is surpassing the long-term trend, which may indicate the beginning of a bull market main uptrend. However, analysts also pointed out that on chain data shows that participants in the whale market are turning cautious, with prices currently facing resistance in the range of $101000 to $107000, with a key support level of $98000.