Crypto analyst Crypto Rover highlighted this milestone in a tweet, noting that in both 2023 and 2024, similar Golden Crosses occurred before significant price surges of Bitcoin, respectively 121% and 68%. With the pattern repeating for the third time, expectations are rising across the cryptocurrency community.
What is a Golden Cross?
The Golden Cross is widely regarded as a long-term bullish indicator, often signaling the end of a downtrend and the beginning of a sustainable uptrend. It typically reflects a change in momentum as short-term buyers gain control over long-term trends.
Past Performance
2023: Bitcoin surged from around $28,000 to nearly $68,000 after the Golden Cross.
2024: Another Golden Cross pushed BTC from $56,000 to over $95,000.
2025: A new diagonal, discovered above $90,000, is fueling speculation about a move potentially reaching six figures.
Although past performance does not guarantee future results, the historical context makes this indicator hard to overlook. Technical traders are closely monitoring to confirm ongoing volume and strength.
The Bigger Picture
As institutional acceptance increases and macroeconomic conditions change globally, many believe Bitcoin is poised for new heights. A Golden Cross at this time could act as a self-fulfilling catalyst, encouraging both retail and institutional investors to participate. Currently, all eyes are on whether BTC will repeat history and how high this next wave could go.