Binance Research Identifies Key Metric for Bitcoin Rally Strength

Binance Research suggests that the depth of a market reset, following a golden cross, can help distinguish between strong and weak Bitcoin (BTC) recoveries. Analyzing the September 8 golden cross, which occurred after 293 days below the 200-day moving average, the firm compared this event to 12 historical precedents, categorizing them into shallow resets and deep freezes.