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BlockBeats news, on October 12, cryptocurrency market analyst Mister Crypto stated that Bitcoin is retesting the "golden cross," a bullish technical pattern that historically precedes a rise. The golden cross is a bullish trading signal where the short-term moving average (typically the 50-day MA) crosses above the long-term moving average (typically the 200-day MA), indicating that the market is turning from bearish to bullish, which means prices may start to pump. Currently, Bitcoin is hovering around $110,000, and if it can hold above this level, it may trigger another significant rebound.