Bitcoin’s (BTC) recent momentum could lead to gains of over 50%, following the confirmation of a bullish golden cross technical formation. According to an analysis by TradingShot, the golden cross emerged as Bitcoin formed the fourth bullish leg within a long-term “channel up” pattern that began after the November 2022 bottom. In a May 28 post on X, the analyst pointed out that this channel has reliably guided Bitcoin’s price through multiple consolidation phases, often around the 0.5 Fibonacci retracement level, before each breakout
source: https://finbold.com/bitcoins-golden-cross-confirmed-heres-the-next-record-high-target/