Bitcoin Golden Cross Forms at LCX Exchange
LCX Exchange has announced that Bitcoin's golden cross is here. The exchange explained that this technical indicator occurs when the shorter-term moving average (50-day MA) crosses above the longer-term moving average (200-day MA). This event is considered a bullish signal, indicating potential price growth for BTC.
The LCX Exchange application for authorisation as a crypto-asset service provider under MiCA (EU 2023/1114) is currently under review by the Financial Market Authority (FMA) Liechtenstein. The exchange has not yet been authorised to offer crypto-asset services to persons in the EEA pending approval.
Crypto-assets, including Bitcoin, involve significant risks, including total loss. LCX does not provide services to persons in the United Kingdom or the United States due to jurisdiction restrictions.