According to @AltcoinGordon, Bitcoin BTC is at a golden cross and altcoins are the most oversold they have ever been, implying a near-term bounce. Source: @AltcoinGordon on X, August 31, 2025. A golden cross is defined as the 50-day moving average crossing above the 200-day moving average and is commonly viewed by technical traders as a bullish momentum shift. Source: Investopedia. For trade confirmation, technicians often look for BTC to sustain above the 200-day moving average after the crossover alongside rising volume to validate trend strength. Source: Edwards and Magee, Technical Analysis of Stock Trends. For altcoins, oversold conditions are typically identified when the Relative Strength Index falls below 30, with a stronger reversal signal when RSI reclaims above 30 with positive price divergence. Source: Investopedia and CMT Association.