Markets· ★★· bullish· October 4, 00:04

BlackRock's IBIT flashes golden cross

—IBIT is the largest spot bitcoin ETF in the US
—A golden cross is the 50-day moving average crossing above the 200-day
—The pattern is widely seen as a bullish signal

Why it matters: A bullish technical setup on the largest bitcoin ETF could reinforce inflows and support BTC demand.

Source: Google News (crypto query)

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