Bitcoin just formed a golden cross pattern.

We've seen similar setups materialize before—the chart structure keeps repeating itself. Yet something feels off this time around.

Here's what makes the difference: The backdrop is completely different. Market sentiment has hit multi-year lows, which typically precedes reversals. Meanwhile, gold and silver are already trading at all-time highs. And underneath it all, liquidity conditions are shifting in ways that could matter more than most realize. When you layer these factors together—extreme pessimism, precious metals breaking records, tightening liquidity—the same technical pattern suddenly carries a different weight.