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Bitcoin just crossed the line that ended 4 out of 5 bear markets, but one deadly historical trap could still trigger a crash to $62,000

Bitcoin just crossed the line that ended 4 out of 5 bear markets, but one deadly historical trap could still trigger a crash to $62,000WorldPing

Bitcoin registered an intraday high above $82,000 on Sept. 3, pushing above the 50-week moving average that Galaxy Research says marked the definitive end of four of Bitcoin's five comparable completed bear markets.

This is a short WorldPing brief. The full report was published by CryptoSlate.

Read the full report at CryptoSlate

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Bitcoin Is Trading Like Gold Again, Bitwise Says the Last Time Was 2020

Bitcoin’s 90-day correlation with gold has climbed to its highest level since the 2020 stimulus wave, according to Bitwise, and the firm’s chief investment officer says the $40 trillion U.S. debt pile leaves investors with two trades worth owning.

Brief by WorldPing · Original reporting by Bitcoin.com