In 2024, Bitcoin’s Golden Cross after a Death Cross triggered a rally from $57K to $99K, marking a trend-defining breakout.
The 2025 setup mirrors 2024’s structure, with a Death Cross in March followed by a Golden Cross in July above $121K.
Institutional inflows through spot Bitcoin ETFs are supporting momentum, with weekly candles holding above both short- and long-term moving averages.
The Golden Cross has appeared again for Bitcoin, repeating a chart pattern from 2024 that preceded a sharp 73% rally.
2024 Pattern: Death Cross to Parabolic Breakout
In a recent post, market analyst Merlijn The Trader noted the similarity between this year’s setup and last year’s rally. In 2024, Bitcoin formed a Death Cross in August, marking the close of a corrective phase. Just two months later, a Golden Cross emerged, sending prices from about $57,000 to above $99,000 in weeks
https://twitter.com/MerlijnTrader/status/1954875453593776589
This surge was not gradual — it was a swift breakout, fueled by technical momentum and renewed buying pressure. The sequence of Death Cross followed by Golden Cross proved to be a pivotal turning point for market sentiment.
2025 Setup: Same Sequence, Higher Starting Point
The 2025 market is showing almost identical signs. March brought another Death Cross, followed by a consolidation period. In July, the Golden Cross flashed once again, with Bitcoin now trading above $121,000 and holding near recent highs.
A 2025 performance similar to the previous trend would push Bitcoin toward $160,000 to $165,000 through a 73% rise from its $93,000 to $95,000 starting point. Weekly candle charts show buyers maintain control because prices stand strong above both short-term and long-term moving averages.
Momentum Fueled by Institutional Demand
Institutional inflows are adding to this momentum. Spot Bitcoin ETFs are attracting a wave of both professional and new investors, driving sustained demand. The result has been new all-time highs and strong weekly closes.
With the bitcoin price now at $120,267, its 24-hour trading volume sits at $57.8 billion. Over the last week, the asset has gained 5.14% and 1.33% within the past 24 hours. Traders who missed last year’s breakout may join earlier in this cycle, increasing buying pressure as the Golden Cross once again takes center stage.