Analyst: Bitcoin and Strategy Price Charts Synchronize with "Golden Cross," Potential Technical Upsurge

On May 15, according to a report by CoinDesk, analyst Omkar Godbole released an analysis report indicating that Bitcoin and the price chart of the largest Bitcoin holder, Strategy, simultaneously showed a technical bullish signal. The daily charts display the 50-day moving average crossing above the 100-day moving average, forming a "golden cross." Analyst Omkar Godbole pointed out that this synchronized signal suggests that the short-term trend is surpassing the long-term trend, potentially indicating the start of a major bull market rally.

However, on-chain data shows that whale market participants are turning cautious, with the current price encountering resistance in the $101,000 to $107,000 range, and a key support level at $98,000.