$BTC : Another Bullish Leg in Motion 🚀
(BTCUSD) has just completed a Golden Cross on the 1D time frame — the 4th occurrence since February 5, 2023.
Historically, each of these Golden Crosses has followed shortly after a Channel Up bottom, signaling the beginning of a new Bullish Leg.
This latest pattern closely mirrors the previous ones. Adding to the bullish sentiment, the 1W MACD has just confirmed a Bullish Cross, a signal that has consistently preceded the 1D Golden Cross during past cycles.
Based on these recurring technical signals, and considering that $BTC typically reaches the 0.5 Fibonacci level from the eventual peak around this stage, we estimate a potential top near $165,000. This strongly supports our $150K target for the current cycle as both achievable and realistic.
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