Published Sep 8, 2026, 2:07 PM ET · Updated 2 months ago · 1 source
Bitcoin's Golden Crosses Precede Short-Term Dumps, Future Direction Depends on Subsequent Rally Highs
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Original Report
Historically, Bitcoin's golden crosses are often followed by an initial price dump, typically ranging from 5% to 15%. The crucial determinant for future price action, particularly for Q4, is whether the rally following this dump establishes a higher high (bullish, as seen in 2019 and 2023) or a lower high (bearish, as seen in 2014 and 2015) within a week or two.