Bitcoin Metric Eyes Repeat of Bull Cross That Sparked $25,000 Gains in 2025
A Bitcoin metric is nearing a bullish signal not seen since 2025, potentially mirroring past gains amid geopolitical and inflation concerns.Summary
Bitcoin is at a critical juncture this week, with a classic technical indicator, the weekly MACD, poised for a bullish cross for the first time since May 2025. This signal historically preceded significant price increases, with the last instance leading to a $25,000 gain in two months. However, the market faces headwinds from escalating geopolitical tensions, particularly concerning Iran and US President Donald Trump's "Bridge Day" deadline, which could impact oil prices and inflation data. Simultaneously, upcoming US inflation reports, including the PCE and CPI, are expected to be closely watched. Despite these macro uncertainties and the persistence of a Bitcoin bear flag pattern suggesting potential new lows, the cryptocurrency managed to reclaim the 200-week EMA and briefly trade above $70,000, triggering liquidations for short positions. Analysts remain divided, with some warning of further downside due to the bear flag, while others look to the bullish MACD signal and the potential for renewed speculative participation in derivatives to drive momentum.
(Source：Cointelegraph)