Bitcoin price action provided one of the rarest and most careful signals in technical analysis. Golden Cross. Analysts suggest that this powerful setup can lay the foundation An explosive gatheringspeculation refers to a potential surge of over 100%.
Bitcoin price chart flashes to golden cross
Thursday, Crypto analyst Merlijn The Trader It has been declared X Social Media has just flashed Golden Cross, and The rarest and most powerful technology signal. Analysts described the development as a historic moment that has only happened three times since BTC began. Every time it occurs in the past This led to an extraordinary price riseestablishes Golden Cross as an important signal that most traders and investors will closely monitor.
Sharing a detailed price chart, Merlijn outlined the trajectory of Bitcoin with each previous golden cross, pointing to the history of cryptocurrency and returns that left an indelible mark across the market. The appearance of Golden Cross was set in 2016. Bull Rally Of approximately 264%, many moves are what we saw as the opening act of BTC’s first major. Mainstream perception.
A year later, the signal re-occurred in 2017, Bitcoin Meteor Rising Of the over 2,200%, it culminates at an unprecedented high of $17,000 to $27,000. Third Golden Cross Formation arrived in 2020BTC will skyrocket over 1,190%, rising from $4,600 to $7,000 to about $69,000 by the second half of 2021. Each instance not only marked a breakout rally, but also reached an all-time high in cryptocurrency.
Now, in 2025, Bitcoin reportedly triggered its fourth Golden Cross Signal in history. Merlijn’s analysis emphasizes that this is not just a routine crossover, but a ignition point. He noted that the previous Golden Cross Signal coincided with the start of Bitcoin’s most powerful bull phase. As a result, the current setup can prepare cryptocurrency for a different feature gathering to the new Ass.
Based on historical data, even conservative repetition of past percentage profits suggests that Bitcoin could well exceed $200,000. With a 100% rally above $115,000 from current levels, major cryptocurrencies could well surpass $230,000. However, Merlijn’s charts are showing even greater movement, predicting a potential surge at nearly $400,000.
Bitcoin Bull Market Support Band Holds Company
Also available at Crypto Analyst Mags It is drawn Attention to different technical signals that bolster the bullish case of Bitcoin. According to him, BTC’s Bullmarket Support Band It serves as an important support zone in past cycles, keeping the wider uptrends intact during temporary fixes.
Every time Bitcoin prices test the Bull Market Support Blur Market Support Blur Throughout this cycle, it somehow manages to Hold and rebound. Latest tests suggest that cryptocurrency bounces cleanly from the band, and buyers are intervening at these levels to protect their support. Mags added that this consistent support created the foundation for Earn more BTC pricesindicating that the market has not been expanded excessively.
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