- Bitcoin is nearing a golden cross, a bullish technical signal, and may also see a MACD crossover — both hinting at possible upward momentum.
- Price is consolidating between $92K and $98K, with analysts watching $93.5K for support and $99K for a breakout toward new all-time highs.
- Not all analysts are convinced, as the TD Sequential indicator flashes a sell signal and futures market open interest hits high levels, raising caution over a potential short-term correction.
Bitcoin (BTC) is teetering near a major technical milestone—and yeah, the crypto crowd’s paying close attention. According to popular analyst Titan of Crypto, BTC might be just days away from forming a golden cross, one of those bullish patterns that typically shows up before a strong rally. Still, not everyone’s buying into the hype just yet.
A Bullish Setup—or Another Fakeout?
Right now, Bitcoin’s stuck in a tight range, flipping between $92,000 and $98,000. It’s… not exactly exciting. But this sideways movement might be the calm before a breakout storm.
In a recent post on X (formerly Twitter), Titan of Crypto pointed to two key signals: the golden cross setup and a possible bullish flip in the MACD. The last time both happened together? Back in October 2024—just before BTC went on a tear after pro-crypto candidate Donald Trump snagged the presidency.
Quick refresher: A golden cross happens when the 50-day moving average crosses above the 200-day MA. It’s often seen as a sign that momentum is flipping bullish. Meanwhile, if the MACD line crosses above its signal line, that’s another tick in the “go long” column.
So yeah, if these signals confirm, some think Bitcoin could rocket higher.
Big Levels to Watch
Despite the excitement, BTC was smacked down near $98K recently. Not shocking—analysts like Rekt Capital say it’s a common rejection zone. For a true breakout, BTC needs to hold $93,500 and then blast past $99,000 with confidence. If it does that, sure, $104,500 might be the next wall. But if it flips $99K into support? That could be the launchpad for a fresh all-time high.
Not Everyone’s Feeling the Bullish Vibes
That said, it’s not all green candles and moon talk. Analyst Ali Martinez dropped a reality check: the TD Sequential indicator just flashed a sell signal on the 3-day chart. Historically, that’s been a warning of short-term weakness.
Also, Bitcoin’s futures market open interest is heating up again—pushing toward levels we saw during past bull runs. That can lead to a big move… or it can mean we’re due for a cooldown.
So, What Now?
As of now, BTC is hanging out around $94,122, down about 1.5% in the last day. The technicals are pointing both ways, and the market’s in that classic “wait and see” phase.
A golden cross and bullish MACD? Could be massive. But if buyers don’t step in soon, short-term weakness might drag BTC down before any serious rally gets going.
