Bitcoin Prints Second, Stronger Golden Cross as 100-Day EMA Crosses 200-Day
- —BTC near $86,100, up 1.14% in 24 hours, market cap at $1.73 trillion
- —100-day EMA crossed above 200-day EMA — a second golden cross this month
- —U.S. September payrolls rose just 29,000; unemployment rate ticked up to 4.2%
- —October Fed rate-hike odds fell from 64% to roughly 16–22%
Why it matters: Soft jobs data reduces the risk of further Fed tightening, while the second golden cross confirms Bitcoin's medium-term trend has been rebuilt.
Source: Decrypt