Bitcoin Prints Golden Cross Pattern: History Shows Major Rallies

Bitcoin has recently crossed a significant technical signal, triggering excitement and speculation about potential price surges. The Golden Cross pattern, which indicates a positive market shift towards upward momentum, has historically preceded notable rallies of 139%, 2,200%, and even 1,190% in previous Bitcoin cycles. Analysts see this current pattern as another signal of significant growth. The rise follows the formation of a Golden Cross on the weekly chart, with traders anticipating potential price increases above $135,000 by the end of Q3. This bullish outlook is driven by factors such as institutional interest in Bitcoin, fueled by President Trump’s recent executive order allowing cryptocurrencies in 401(k) plans, which could unlock a significant amount of capital for long-term investing.