Alex 
Bitcoin ($BTC) $81,102.63 is on track to flash one of the oldest bullish signals in financial markets. While its record on predictability is mixed, the impending one has backing from the none other than USDT, the world’s largest dollar-pegged stablecoin by market value.
That signal is the golden cross. It happens when a short-term average of an asset’s price, calculated over the last 50 days, rises above the average price over the last 200 days. It indicates that recent momentum has outpaced the broader trend, often marking a prolonged shift to a bullish trend.
There is nothing mathematically special about 50 and 200 days. The windows became standard because generations of traders began watching them across stocks, bonds, commodities and, eventually, crypto.
While it’s one of the oldest and most popular bullish gauges around, it’s also widely criticized for the fact that it is based on moving averages, which lag price rather than lead it. As such, the signal often shows up after much of the move has already happened.
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