N / A Golden Cross scores -2.21: a potential local soil
Bitcoin’s NVT Golden Cross plummeted to -2.21 -the lowest in 60 days. This seemed to be in line with the price correction of 7.5% of Bitcoin, after a peak of $ 109,000.
Historically, values under -1.6 often indicate on local soil zones, and the time value of the press simply strengthened this probability. Although no exact price was determined, this suggested that Bitcoin may act near a potential reversing zone.
Source: Cryptuquant
Market participants must keep a close eye on this threshold, since trends from the past have shown that recovery often follows such low levels.
In combination with the most recent mini correction, this produces a convincing argument for the bullish recovery of Bitcoin in the short term in the midst of persistent consolidation.
Read that of Bitcoin [BTC] Price forecast 2025–2026
Price promotion and the impact of the Golden Cross
Source: TradingView
At the time of writing, the price of Bitcoin Moving within the consolidation margin remained from $ 101,000 to $ 106,000, with a remarkable inability to break the resistance level of $ 106,000. The Daily Chart showed a slight increase, since Bitcoin remained stable above $ 105,000, after the 7.5% correction compared to the highest point of $ 109,000.
And yet the NVT meant Golden Cross Die -2.21 noted a potentially local low point, historically in line with price -rings.
Finally, the RSI seemed to float on the chart around 62, which indicates a light bullish momentum, but not to an overbough situation. In addition, the OBV suggested a steady accumulation, which strengthened the possibility of a bullish outbreak.
If Bitcoin retains its position above $ 101,000 during retests, the NVT Golden Cross could act as an important indicator for a possible recovery.
