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Home CRYPTO BITCOIN

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

Gary Ponce by Gary Ponce
May 27, 2025
in BITCOIN, CRYPTO, FINANCE, OPINION
Reading Time: 3 mins read
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  • 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
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Gary Ponce

Gary Ponce

Gary Ponce has been active in the space since 2019. He trades regularly, hunts for airdrops, and occasionally dabbles in low-cap meme coins with strong narratives. For the past four years, he has been working with Aiur Labs, contributing his expertise and insights for the community. Gary is also a strong believer and long-term holder of Bitcoin, Sui, Hype, Litecoin, XRP, and a variety of other meme tokens.

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