Bitcoin (BTC) Golden Cross Is Here. This History Says It’s Bullish

The Bitcoin market is once again heating up as a major technical event has just occurred: the formation of a Golden Cross. According to a recent update shared by Merlijn The Trader on X, Bitcoin ($BTC) has officially completed the pattern that, historically, has been a precursor to massive bullish runs. Traders and investors alike are now watching closely, as historical data suggests that Bitcoin’s next major move could be nothing short of explosive. BITCOIN GOLDEN CROSS IS HERE! Past moves: 2016 → +139% 2017 → +2200% 2020 → +1190% Same signal. Same setup. $BTC next stop: the moon? pic.twitter.com/KA9wRBkczP — Merlijn The Trader (@MerlijnTrader) April 27, 2025 What Is a Golden Cross and Why Does It Matter A Golden Cross occurs when a shorter-term moving average, typically the 50-day moving average, crosses above a longer-term moving average, such as the 200-day moving average. In technical analysis, this is widely interpreted as a strong bullish signal, suggesting the beginning of a significant upward trend. For Bitcoin, the Golden Cross has been an exceptionally powerful indicator in previous market cycles. Merlijn The Trader highlighted key examples from the past where this signal preceded extraordinary gains, giving traders plenty of reasons to be excited. A Look Back at Past Golden Cross Events Merlijn pointed out that Bitcoin’s past Golden Cross formations have consistently preceded massive price surges. In 2016, following the cross, Bitcoin rallied an impressive 139%. The 2017 Golden Cross was even more dramatic, preceding a staggering 2,200% increase that saw Bitcoin reach its then-all-time high near $20,000. The 2020 Golden Cross was no less significant, leading to a 1,190% surge, catapulting Bitcoin above $60,000, and kicking off the historic bull run that defined the 2020-2021 cycle. With this powerful historical backdrop, the current Golden Cross is seen as a major bullish confirmation for Bitcoin’s trajectory in the months ahead. Is Bitcoin’s Next Stop the Moon? Given the setup and the technical confirmation, the mood across the Bitcoin community is becoming increasingly optimistic. While no technical signal guarantees future results, the consistency with which previous Golden Crosses have led to large upward moves is difficult to ignore. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 Adding to the bullish case, the broader macroeconomic environment seems increasingly favorable for Bitcoin. Growing institutional interest, regulatory advancements in key markets, and the ongoing narrative of Bitcoin as “digital gold” are further strengthening the foundation for another major rally. As Merlijn The Trader hints, Bitcoin’s “next stop” could very well be “the moon,” especially if history repeats itself. The market is already beginning to show signs of rising momentum, with increased trading volumes, renewed retail interest, and a growing number of analysts raising their near-term price targets. The formation of a Bitcoin Golden Cross has once again captured the imagination of traders and investors worldwide. With history providing a bullish blueprint, many are now wondering not if, but how high Bitcoin could go from here. While caution is always warranted in volatile markets, the historical track record of this signal gives significant cause for optimism. If previous cycles are any indication, the current Golden Cross could mark the beginning of Bitcoin’s next legendary rally. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on Twitter , Facebook , Telegram , and Google News The post Bitcoin (BTC) Golden Cross Is Here. This History Says It’s Bullish appeared first on Times Tabloid .

Source: TimesTabloid