Bitcoin (BTC) Is Poised to Form a Golden Cross Pattern, Signaling the Potential for a New Uptrend

Bitcoin (BTC) is currently on the verge of forming a technical pattern known as a “golden cross”, where the 50-day moving average crosses above the 200-day moving average.

output: Jakarta, Pintu News – Bitcoin (BTC) is approaching a technical pattern called a “golden cross,” where the 50-day moving average crosses above the 200-day moving average. This pattern is often viewed as a bullish indicator that suggests the potential for a long-term uptrend. A similar occurrence took place at the end of 2024, when BTC experienced a surge from approximately $70,000 to exceed $100,000.

However, it’s crucial to note that a golden cross is not a guaranteed predictor of a price increase. Previously, the “death cross” pattern that emerged in early April 2025 fell into a trap for bearish investors, as the price of BTC actually rose afterward. This highlights the importance of analyzing technical patterns in conjunction with fundamental factors.

Impact of US Credit Rating Downgrade

Moody’s downgrade of the US credit rating from Aaa to Aa1 in May 2025 has generated concerns within global financial markets. The primary reason for the downgrade is the escalating US national debt, which now stands at $36 trillion. This situation has prompted investors to seek alternative hedging assets, and Bitcoin is frequently mentioned as one such option.

This shift reflects a changing perception of cryptocurrencies, particularly Bitcoin, as assets that can provide a hedge against global economic uncertainty. Despite this, the high volatility in cryptocurrency prices remains a key factor for investors to consider.

Also Read: Bitcoin (BTC) Potential to Break New Record Highs in May

Price Predictions and Market Sentiment

Some analysts predict that if the golden cross pattern is confirmed, the price of Bitcoin could reach between $130,000 and $150,000 (approximately Rp2.14 billion to Rp2.47 billion) by the end of 2025. This prediction is based on historical patterns where previous golden crosses were followed by significant price increases. However, these predictions are speculative and depend on various market factors.

On the other hand, on-chain data indicates that long-term holders of Bitcoin are maintaining their assets, showcasing confidence in the cryptocurrency’s long-term potential. Additionally, institutional investors continue to show interest, with several large corporations making significant accumulations of BTC.

Conclusion

Bitcoin is approaching a golden cross pattern that could signal the beginning of a new uptrend, especially amid concerns over US fiscal stability. Although these technical indicators are providing positive signals, investors should remain vigilant and take into account diverse factors when making investment decisions. The high volatility of the cryptocurrency market demands a cautious and informed approach.

Also Read: Ukraine Considers Bitcoin as a National Strategic Reserve

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This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities are subject to high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying andselling Bitcoin and other crypto asset investments are the responsibility of the reader.