Bitcoin’s fabled golden cross is coming. And USDT may be the real signal this time

BTC is nearing a bullish golden cross, a widely tracked signal with a mixed record of success in crypto markets. But this time, USDT is supporting the bullish read.

Source: CoinDesk

DW NOTE

The golden cross has predicted every major bitcoin rally and also most of the ones that never happened. USDT supply expansion used to mean new capital entering crypto; now it just confirms that dollar alternatives are in demand while the Strait of Hormuz stays mined and oil sits above $90.

Read the full story at CoinDesk →