Bitcoin price may hit $100,000 due to golden cross, but manipulation might delay it.

From Investing.com on October 24, 2024 at 3:30:20 pm corresponds to The company name is “Investing.com”.:

Cryptocurrency analyst Eljaboom predicts Bitcoin (BTC) could reach $100,000 soon due to an approaching golden cross on the hourly chart. Golden cross occurs when a smaller moving average crosses a larger one, like the 50-day and 200-day. Last golden cross in November 2024 led to a 116% surge to $74,000. Another golden cross could push the price higher, but manipulation in the crypto market could hinder BTC’s journey to $100,000.

Read more at Investing.com: Golden Cross May Rocket Bitcoin Price to $100,000, Says Analyst By U.Today