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Analyst: Bitcoin Price Chart Shows 'Golden Cross' Alignment with Strategy, Could Signal Technical Rally

2025.05.15 22:32:17

On May 15th, according to a report by CoinDesk, analyst Omkar Godbole released an analysis report stating that Bitcoin has exhibited a technical bullish signal in synchronization with the price chart of Strategy, which is the largest Bitcoin company worldwide. The daily chart shows that the 50-day moving average has crossed above the 100-day moving average, forming a "Golden Cross." Analyst Omkar Godbole pointed out that this synchronized signal indicates that the short-term trend is surpassing the long-term trend, potentially heralding the start of a bull market primary uptrend. However, the analyst also simultaneously noted that on-chain data shows that whale market participants are becoming cautious. The current price is facing resistance in the range of $101,000 to $107,000, with a key support level at $98,000.
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