Bitcoin’s price action has just delivered one of the rarest signals and observed in technical analysis, The golden cross. Analysts suggest that this powerful configuration could lay the foundations for a Explosive RallyWith speculations pointing towards a possible increase of more than 100%.
Bitcoin Price Chart Flashes Golden Cross
On Thursday, the cryptographic analyst ‘Merlijn the merchant’ declared In the social networks X that Bitcoin has just shown a golden cross, his more rare and powerful technical signal. The analyst described this development as a historical moment that has only happened three times since the beginning of BTC. Each past occurrence has led to manifestations of extraordinary pricesEstablish the Golden cross as a key sign that most merchants and investors closely observe.
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By sharing a detailed price table, Merlijn described Bitcoin’s trajectory after each golden golden cross, pointing out the returns that have left an indelible brand in the history of the cryptocurrency and the market as a whole. In 2016, the appearance of a golden cross prepared the stage for a Toro Rally of approximately 264%, a movement that many saw as the opening ceremony of the first great BTC race to conventional recognition.
A year later, the signal resurfaced in 2017, coinciding with Bitcoin’s meteor of more than 2,200%, which culminated in the maximum unprecedented between $ 17,000 and $ 27,000. The third The formation of the gold crossing arrived in 2020When BTC increased more than 1,190%, it rose from a minimum between $ 4,600 and $ 7,000 to approximately $ 69,000 at the end of 2021. Each instance not only marked a breakup rally, but also achieved a new maximum of all time for cryptocurrencies.
Now, in 2025, Bitcoin has triggered the Golden Cross signal for the fourth time in its history. Merlijn’s analysis highlights that this is not just a routine crossing but an ignition point. He pointed out that the previous Golden Cross signs aligned with the beginning of the most powerful bulls of Bitcoin. As a result, the current configuration could prepare the cryptocurrency for another huge rally to New Aths.
Based on historical data, even a preservative repetition of past percentage profits suggests that Bitcoin could rise much more than $ 200,000. A 100% of the current levels exceeding $ 115,000 could push the leading cryptocurrency well above $ 230,000. However, the Merlijn table points to an even greater movement, projecting a potential increase to almost $ 400,000.
Bitcoin Bull Market Support Bands remains firm
Crypto Analyst Mags also has stretched Attention to a different technical signal, reinforcing the bitcoin uprising case. According to him, BTC’s Alcist market support bands They have acted as critical support zones in the past cycles, keeping intact the broader upward trend during temporal corrections.
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Throughout this cycle, every time the price of Bitcoin tested the support band of the upward market, he achieved hold and bounce. The most recent evidence saw the criptomoneda rebound from the band, which suggests that buyers are intervening at these levels to defend support. MAGS added that this consistent support has created a basis for More profits in the price of BTCindicating that the market is not too widespread.
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