Bitcoin Signals Potential Golden Cross as Bullish Pattern Emerges

3 hours ago 1

Rommie Analytics

In a post on X, Titan noted that Bitcoin (BTC) appears to be forming a Golden Cross—a bullish technical pattern that occurs when a shorter-term moving average crosses above a longer-term one. This pattern follows a recent Death Cross, indicating a potential reversal and upside momentum.

Key indicators supporting the setup include:

A Death Cross to Golden Cross sequence now forming A bullish flip in the MACD histogram, signaling positive momentum A similar pattern previously led to strong upside continuation, the analyst noted

An accompanying chart shows Bitcoin’s weekly performance, highlighting previous Golden and Death Cross events alongside MACD changes.

If confirmed, this Golden Cross could suggest a trend reversal to the upside, drawing attention from traders watching for macro breakout signals.

As always, analysts urge caution: while the setup is historically bullish, market context and macroeconomic variables will ultimately determine whether momentum sustains.

The post Bitcoin Signals Potential Golden Cross as Bullish Pattern Emerges appeared first on Coindoo.

Read Entire Article