PANews|Sep 11, 2026 12:04
[Analysis: Bitcoin Experiences 'Golden Cross Failure' Again, History Shows Most Gains Occur Before Signal Appears]
According to CoinDesk, Bitcoin formed a golden cross (50-day moving average crossing above the 200-day moving average) earlier this week, but it did not lead to sustained upward momentum. Instead, it fell from approximately $80,000 to around $77,000. Notably, most of the recent rally had already occurred before the golden cross appeared—Bitcoin had previously risen from $62,000 to $82,000. The article points out that similar situations have repeatedly occurred in history:
In 2021, after the golden cross, BTC fell from $52,000 to $40,000;
In February 2023, after the golden cross, it retreated from $23,000 to $20,000;
In October 2024, after the golden cross, it slid from $70,000 to $67,000;
In May 2025, after the golden cross, it corrected from $110,000 to $100,000.
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