출처: Block Media
Bitcoin Eyes Fourth Weekly MACD Golden Cross: What It Could Mean for Its Next Rally
Bitcoin (BTC) is drawing attention from traders and analysts as the cryptocurrency approaches the formation of another "Golden Cross" on its weekly MACD (Moving Average Convergence Divergence) indicator. Historically, this technical setup has signaled significant price surges for Bitcoin, sparking speculation about whether it might trigger another bullish run.
Historical Context of Bitcoin’s MACD Golden Cross
Prominent cryptocurrency analyst Lark Davis highlighted via X (formerly Twitter) on October 7 that Bitcoin’s MACD is on track to produce its fourth Golden Cross in history. According to Davis, past instances of this pattern have coincided with seismic rallies in Bitcoin’s price, creating optimism in the market for a repeat performance.
Davis noted that Bitcoin experienced impressive gains following earlier MACD Golden Cross occurrences:
- October 2023: A price surge of 164%.
- October 2024: A rally of 89%.
- May 2025: An increase of 31%.
If Bitcoin mirrors these historical outcomes, even a modest 30% rally would push its price past $160,000, according to Davis’s projections. While it remains speculative whether Bitcoin will hit such targets, the historical precedent adds weight to this bullish sentiment.
How the MACD Indicator Works
The MACD is a widely respected trend-following tool that provides insights into momentum shifts in markets. It is calculated by subtracting the 26-week Exponential Moving Average (EMA) from the 12-week EMA, with an additional 9-week EMA serving as the signal line.
The current setup on Bitcoin’s weekly chart shows the MACD line nearing a crossover above the signal line—a configuration commonly interpreted as an indication of upward momentum gaining strength against the backdrop of a longer-term trend. This "Golden Cross" phenomenon can act as a catalyst for price movement, often viewed favorably by market participants anticipating bullish scenarios.
Broader Market Implications
The potential confirmation of the Golden Cross carries significant implications for Bitcoin investors. Should historical patterns hold true, this technical event could signify the onset of a major rally, driving renewed interest into the cryptocurrency space.
Still, traders must account for external market variables, such as regulatory developments, macroeconomic factors, and overall sentiment in the crypto sector. While Bitcoin’s chart signals remain promising, broader dynamics could influence the eventual outcome.
As Bitcoin nears this critical juncture, staying informed and monitoring real-time developments will be essential for anyone navigating this volatile market.
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