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Bitcoin Nears the Vaunted 'Golden Cross'
CoinDesk's Glenn Williams addresses one of the hotter debates in cryptocurrencies at the moment: How traders should feel about bitcoin and ether possibly achieving a “golden cross,” a popular indicator from technical analysis. "All About Bitcoin" host Christine Lee breaks down "The Chart of The Day."

Chart Reveals Shift in Bitcoin Market Sentiment
Bitcoin (BTC) is trading significantly lower than in late 2021, but the sentiment in the market remains positive. The cost of holding a bullish long position in perpetual futures tied to bitcoin has jumped to the highest since the dizzy bull market days of late 2021, according to Glassnode. "All About Bitcoin" host Christine Lee breaks down "The Chart of The Day."

Bitcoin, S&P 500 Near Bullish ‘Golden Cross’ Signal
Bitcoin (BTC) and Wall Street's benchmark equity index, the S&P 500, are on the verge of hitting the golden cross. This easy-to-track bullish technical signal that might motivate trend-following crypto traders to hit the market with fresh bids, according to CoinDesk's Omkar Godbole. "All About Bitcoin" host Christine Lee breaks down "The Chart of The Day."

Bitcoin's Blockchain Data Offers Evidence of Continued Investor HODLing During Bear Market
Bitcoin's HODL Waves indicator created by Unchain Capital and tracked by Glassnode shows that the percentage of unspent transaction outputs (UTXO) older than five years has increased by 17% in the past six months. "All About Bitcoin" host Christine Lee breaks down "The Chart of The Day."

Could Bitcoin Be a Safe Haven Asset Like Gold?
Gold bottomed out in early November and proceeded to turn higher, leading bitcoin's (BTC) bull revival by nearly two months. Gold's rally has stalled in the past few days, a cause for concern for BTC bulls. "All About Bitcoin" host Christine Lee breaks down bitcoin's relationship to the gold price and U.S. dollar strength on "The Chart of The Day."

Breaking Down Bitcoin’s Bullish Sentiment
A Glassnode chart shows bitcoin's (BTC) current "contango" term structure, a condition that exists when the price of bitcoin futures exceeds the price of bitcoin in spot markets. Plus, insights on bullish signals from bitcoin's current funding rate. "All About Bitcoin" host Christine Lee breaks down "The Chart of The Day."

Bitcoin Looks Bullish as Miner Sales Hit Three-Year Low
Bitcoin has rallied 30% in two weeks, according to CoinDesk data. This comes as on-chain flows tracked by analysts at cryptocurrency exchange Bitfinex show the amount of bitcoin transferred from miner addresses to wallets owned by exchanges has declined to multi-year lows. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.

A Bullish Case for Bitcoin
Bitwise analysts see bitcoin starting a three-year bull run this year, based on past cycles when the price of the cryptocurrency has risen in advance of a bitcoin “halving,” which is when the reward for mining a block of bitcoin is cut in half. The next halving is expected to occur early in 2024.

Latest Sign of Strengthening Momentum in Bitcoin
Bitcoin's 14-day relative strength index (RSI) recently rose past 80 to its highest since 2019 after bitcoin (BTC) touched a two-month high, according to data from Trading View. This comes as Arcane Research considers this a "proper signal of strengthening momentum in BTC since the bull market of 2021." "All About Bitcoin" host Lawrence Lewitinn breaks down "The Chart of The Day."

Bitcoin Slips Below $21K After Surging to Four-Month High
Just hours after surging to a four-month high, bitcoin (BTC) is back below the $21,000 threshold. This comes as Genesis Global Capital is laying the groundwork for a bankruptcy filing, according to multiple reports. "All About Bitcoin" host Lawrence Lewitinn breaks down the Chart of the Day. DCG is the parent company of CoinDesk and Genesis.
