Binance Research has identified the number of days spent below the 200-day moving average as a key indicator to distinguish strong Bitcoin rallies from weak ones. Bitcoin’s latest golden cross on September 8 came after 293 days below this moving average. The study compared this episode with 12 previous golden crosses. Binance categorizes these episodes into two groups: shallow reset and deep freeze. According to the report, the depth of the reset could help identify the strongest recoveries.
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