BlockNews
  • Crypto
  • Finance
  • Politics
  • Memecoins
  • NFT
  • Technology
  • Opinion
No Result
View All Result
FOLLOW
BlockNews
  • Crypto
  • Finance
  • Politics
  • Memecoins
  • NFT
  • Technology
  • Opinion
No Result
View All Result
BlockNews

Bitcoin Just Flashed a Golden Cross—But a Dip Might Come First

by Drop Gorn
May 27, 2025
in Bitcoin, Crypto, Finance, Opinion
A A
Bitcoin Just Flashed a Golden Cross—But a Dip Might Come First
158
SHARES
Share on TwitterShare on Reddit
  • Golden Cross Signals Potential Rally: Bitcoin just triggered a rare Golden Cross, which in past cycles preceded major bull runs. However, analysts expect a short-term dip of 10–15% before any major upside.
  • “Flash Sale” Opportunity: Market expert Kyle Chasse views the expected dip as a buying opportunity, forecasting a reload zone between $98K–$101K before a potential run toward $320K. He warns that altcoins could drop 30–40% during this correction.
  • Bigger Targets Ahead: Analyst Cas Abbe sees strong similarities with past bull markets and predicts BTC could hit $130K by July and $160K by the end of 2025—possibly even peaking at $230K if momentum continues.

So, Bitcoin just pulled off something kind of rare—a Golden Cross. And if you’ve been around the charts for a bit, you know that this technical pattern usually means big things are coming. Bullish things. But weirdly enough? Analysts are expecting a quick dip before the fireworks.

Golden Cross Is In—But Don’t Get Too Comfy

Kyle Chasse, a pretty well-followed market watcher on X (yeah, old Twitter), spotted this Golden Cross on the BTC chart and dropped some thoughts. For context, a Golden Cross is when the 50-day moving average crosses over the 200-day one—basically a strong signal that momentum’s shifting.

Historically, it’s been a launchpad for monster rallies. Back in 2016, BTC took off for a 139% run. Then 2017? An insane 2,200% rally. In 2020, it was another surge—this time 1,190%, pushing us to that $69K high everyone remembers.

But here’s the twist. Chasse doesn’t think this current Golden Cross is gonna send Bitcoin flying right away. Instead, he’s calling for a sharp pullback. Around 10-15%. He even went as far as to label it a “flash sale.” Basically, a dip that might freak some folks out but could actually be a golden (pun intended) buy zone before BTC runs toward the $98K–$101K range.

He’s got an even bigger number in mind too—$320K. That’s the stretch goal if things play out how he’s expecting. Big if, though.

$BTC is approaching its ATH again.

I told you again and again to not believe in Sunday dumps.

And now, BTC is back above $110K.

Soon, it'll enter price discovery mode where the parabolic pump happens.

I think $130K BTC by July and $160K+ BTC by Q4 is highly likely. pic.twitter.com/NwiHI6DZEd

— Cas Abbé (@cas_abbe) May 26, 2025

Don’t Forget the Altcoins—They Might Bleed

And it’s not all sunshine. If BTC pulls back like he says, altcoins could be in for a rougher ride. Chasse warns that during these kinds of corrections, alts typically drop harder. Like 30-40% harder. So yeah, something to keep in mind if you’re heavy into anything not named Bitcoin.

Another Analyst Has Eyes on $160K by Q4

Meanwhile, Cas Abbe, another market analyst, thinks we’re on the brink of entering that wild, parabolic phase that Bitcoin is kinda known for. He looked back at previous cycles—2013, 2017, 2021—and saw some eerie similarities to what we’re seeing now.

BTC pushing past $110K again, in his view, is a big deal. He’s got targets lined up too: $130K in July and $160K before 2025 ends. If momentum really kicks in? He’s eyeing a top near $230K.

So, yeah—Bitcoin’s got some heat behind it right now, but it might get choppy before it gets wild. Flash sale first, moonshot later? That’s the bet.

Tags: $BTCBitcoinCas AbbeKyle Chasse
Tweet39ShareShare63

DON'T MISS THESE! HOT OFF THE PRESS

GameStop Stock Continues Dump Following $500 Million Bitcoin Buy Plan: What Happened?
Bitcoin

GameStop Stock Continues Dump Following $500 Million Bitcoin Buy Plan: What Happened?

May 29, 2025
Trump’s Tariffs Reinstated: Crypto Markets Lose Over $100B Amid Legal Whiplash
Bitcoin

Trump’s Tariffs Reinstated: Crypto Markets Lose Over $100B Amid Legal Whiplash

May 29, 2025
Top 3 Altcoins You Need to Buy Before the Upcoming Altcoin Season (MASSIVE POTENTIAL)
Cardano

Top 3 Altcoins You Need to Buy Before the Upcoming Altcoin Season (MASSIVE POTENTIAL)

May 29, 2025
Chainlink Gears Up for Major Breakout: $35 Target in Sight
Chainlink

Chainlink Gears Up for Major Breakout: $35 Target in Sight

May 29, 2025
Analysts Believe THIS Could Propel Solana Over Ethereum in 2025
Crypto

Analysts Believe THIS Could Propel Solana Over Ethereum in 2025

May 29, 2025
Trump Reciprocal Tariffs Reinstated Following Appeals Court Overturn: Bullish or Bearish for Markets?
Finance

Trump Reciprocal Tariffs Reinstated Following Appeals Court Overturn: Bullish or Bearish for Markets?

May 29, 2025
Load More

Related News

GameStop Stock Continues Dump Following $500 Million Bitcoin Buy Plan: What Happened?

GameStop Stock Continues Dump Following $500 Million Bitcoin Buy Plan: What Happened?

May 29, 2025
Trump’s Tariffs Reinstated: Crypto Markets Lose Over $100B Amid Legal Whiplash

Trump’s Tariffs Reinstated: Crypto Markets Lose Over $100B Amid Legal Whiplash

May 29, 2025
Top 3 Altcoins You Need to Buy Before the Upcoming Altcoin Season (MASSIVE POTENTIAL)

Top 3 Altcoins You Need to Buy Before the Upcoming Altcoin Season (MASSIVE POTENTIAL)

May 29, 2025
Chainlink Gears Up for Major Breakout: $35 Target in Sight

Chainlink Gears Up for Major Breakout: $35 Target in Sight

May 29, 2025
Analysts Believe THIS Could Propel Solana Over Ethereum in 2025

Analysts Believe THIS Could Propel Solana Over Ethereum in 2025

May 29, 2025
Discord Twitter Youtube TikTok Instagram

BLOCKNEWS.COM

BlockNews

BlockNews.com is your premier source for real-time cryptocurrency, blockchain, and financial market news.

Our mission is to deliver accurate, timely, and insightful information to help both seasoned investors and newcomers navigate the evolving digital economy.

With in-depth analysis, exclusive insights, and up-to-date news, BlockNews.com keeps you informed on the latest trends in crypto, DeFi, NFTs, tech, and beyond.

Stay ahead of the herd with BlockNews.com

RESOURCES

  • About
  • Contact Us
  • Terms and Conditions
  • Privacy Policy

POPULAR TOPICS

$ADA $XRP AI Avalanche Binance Bitcoin Bitcoin ETF blackrock Blockchain BTC Business Cardano China Coinbase Coinglass crypto cryptocurrency Crypto Exchange Crypto Regulation DeFi Dogecoin Donald Trump Elon Musk ETF eth ethereum Federal Reserve FTX grayscale Memecoin metaverse Microstrategy NFT NFTs PEPE ripple sec Shiba Inu Solana Stablecoin Technology twitter US Web3 xrp

GET QUICKER UPDATES ON X

© 2022-2025 BlockNews.com - Crypto and NFT news website by Aiur Labs.

No Result
View All Result
  • Home
  • Crypto
  • Memecoins
  • Technology
  • Politics
  • Finance
  • NFT
  • DeFi
  • Opinion

© 2022-2025 BlockNews.com - Crypto and NFT news website by Aiur Labs.