For traders who study charts, there’s one “golden” pattern they love to see—and Bitcoin just flashed it, suggesting a recovery could be on the way. The rest of the crypto market, though, didn't get the memo. Over 95% of the top 100 cryptocurrencies by market cap have posted losses in the past 24 hours, and the total crypto market has slipped to $3.23 trillion. Even Bitcoin today is down roughly 1.3%, despite the bullish “golden cross” formation being painted on the charts. Traditional markets, meanwhil ...

Core Insights - Intel (INTC) shares are currently trading at their highest level in 18 months, driven by reports of early-stage talks to manufacture chips for rival Advanced Micro Devices (AMD) [1][8] - The stock has surged nearly 40% in September and approximately 80% since the beginning of the year, fueled by significant investments from the U.S. government, Nvidia (NVDA), and SoftBank (SFTBY) [2] - Under CEO Lip-Bu Tan, who took over in March, there are renewed hopes for Intel to regain market share [3] Technical Analysis - The 50-day moving average (MA) has crossed above the 200-day MA, indicating a bullish trend, with shares trending higher on above-average volume [5] - The relative strength index (RSI) confirms upward price momentum but is currently in overbought territory, suggesting potential for near-term profit-taking [5][8] - The average directional index (ADX) has crossed above 40, indicating strong trending conditions for the stock [6] Price Levels to Watch - If the bullish momentum continues, Intel shares could initially rise to around $42, where selling pressure may occur due to previous consolidation levels [7] - Key support levels to monitor are near $30 and $26, which could be critical during potential downturns [8]