‘Early bull market’ — Bitcoin price preps 1st ever weekly golden cross

Bitcoin (BTC) is lining up an “early bull market” as a unique chart feature plays out for the first time in history.

In a post on X (formerly Twitter) on Dec. 7, entrepreneur Alistair Milne drew attention to Bitcoin’s first ever weekly “golden cross.”

Bitcoin goes from death cross to golden cross in 10 months

Recent BTC price upside has delivered considerable profits to various Bitcoin investor cohorts, but 165% year-to-date gains are now significant for another reason.

Should current performance continue, Bitcoin will witness a crossover of two weekly moving averages (MAs) which have never delivered such a bull signal before.

The 50-week and 200-week MAs are key trendlines for…

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