Bitcoin Price Prediction: Golden Cross Signals 34% Average Rally for BTC
Bitcoin’s potential golden cross coincides with signs that its October correction may be approaching exhaustion, according to an analysis by xWIN.
FXEmpire
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Oct 12, 2026 at 11:13 AM UTC · 1 dk okuma
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bitcoin
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BTC-2.85%$81,109
Last Updated
3 gün önce
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Bitcoin’s potential golden cross coincides with signs that its October correction may be approaching exhaustion, according to an analysis by xWIN.
Elevated US Treasury yields, high oil prices, slowing spot Bitcoin ETF inflows, and profit-taking have weighed on BTC, leaving leveraged positions vulnerable to liquidations.
However, some macroeconomic pressures appear to be easing.
As of Oct. 12, markets were pricing in roughly an 18% probability of a Federal Reserve interest rate hike in October, while Brent crude had retreated from nearly $110 to around $103 per barrel.
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