Bitcoin Golden Cross Flickers as Rate-Hike Bets Put Bulls on Edge
Bitcoin’s latest technical flirtation with a bullish milestone lasted barely long enough to become a story.The Bitcoin golden cross appeared on Friday after BTC climbed toward $79,837, with its 50-day exponential moving average briefly moving above the 200-day average. Then the chart changed its mind.Bitcoin was trading around $77,438, still 1.19% higher on the day, after giving back much of its earlier advance. The reversal came as markets digested hotter-than-expected inflation data and