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Bitcoin’s Bull Cross Triggers: Technicals Scream ’Buy’ as Momentum Builds

Bitcoin’s Bull Cross Triggers: Technicals Scream ’Buy’ as Momentum Builds

Coindesk
Author:
Coindesk
Release Time:
2025-05-15 14:17:53
0

Bitcoin just flashed its most reliable uptrend signal—and this time, it’s got backup. The 50-day moving average sliced through the 200-day like a hot wallet through weak security, confirming what traders call a ’golden cross.’

Why it matters: These crosses have preceded every major BTC rally since 2015. The last one? Just before the 2023 120% pump. Now volume’s rising as institutional money—always late to the party—starts piling in.

The catch: Exchanges are seeing massive BTC withdrawals. Either whales are going long-term cold storage... or prepping to dump on retail (again). Either way, the technicals say one thing: The trend is your friend—until Wall Street ’discovers’ crypto and ruins everything.

BTC and MSTR’s daily charts. (TradingView/CoinDesk)

BTC’s bull cross is consistent with other indicators like the MACD, suggesting the path of least resistance is on the higher side.

That said, an interim drop below $100,000 cannot be ruled out, as on-chain data show influential market participants have turned cautious.

BTC’s hourly price chart. (TradingView/CoinDesk)

The chart shows BTC’s price rally has stalled in the $101,000-$107,000 range. A downside break could trigger more profit-taking, potentially deepening the bull market pullback to support at $98,000.

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