N / A Golden Cross draws -2.21: a potential local soil
Bitcoin’s NVT Golden Cross dropped to -2.21 -the lowest in 60 days. This seemed to adjust to the price correction of 7.5% of Bitcoin after a peak at $ 109k.
Historically, the lectures below often give local soil zones, and the time value of the press has easily strengthened this probability. Although it did not determine an exact price, this suggested that Bitcoin may act in the vicinity of a potential reversing zone.
Source: Cryptuquant
Market participants must keep a close eye on this threshold, because trends from the past emphasized that recovery often follow such lows.
In combination with the most recent attack of mini correction, this is a mandatory matter for Bitcoin’s in the short term Bullish recovery in the midst of continuous consolidation.
Read Bitcoin’s [BTC] Price forecast 2025–2026
Price promotion and the impact of NVT Golden Cross
Source: TradingView
At the time of the press, the price of Bitcoin within the $ 101k consolidation range continued to go to $ 106k, with a remarkable absence to break the $ 106k resistance level. The daily graph emphasized a slight increase when Bitcoin kept stable above $ 105k, after the correction of 7.5% of the $ 109k high.
And yet the NVT Golden Cross -Arden -2.21 gave a potential local soil, historically tailored to price reinforcements.
Finally, the RSI seemed to float on the graph around 62, which indicates a mild bullish momentum but no overbought condition. In addition, the OBV suggested stable accumulation, which reinforces the possibility of a bullish breakout.
If Bitcoin maintains his position above $ 101K during retests, the NVT Golden Cross could act as an important indicator for a potential recovery.
