Bitcoin’s ‘Bullish Death Cross’: Could It Push Prices to $130,000?

A new report has ignited excitement in the cryptocurrency market after highlighting a historically bullish signal on Bitcoin’s chart: a death cross. This pattern, where the 50-day moving average (50MA) falls beneath the 200-day moving average (200MA), is typically seen as bearish in traditional markets but has repeatedly triggered major upside for BTC in past cycles. Bitcoin’s history shows that during recent cycles, this pattern signaled a powerful rally leading to new all-time highs. 3 of the last 3 occurrences resulted in substantial gains: September 2023 (195%), August 2024 (125%), and April 2025 (70%). Though each cycle yields diminishing returns, the pattern remains consistently bullish. Based on this trajectory, analysts predict a modest 35% rally from current levels could push Bitcoin near $130,000 by May 2026. This expectation aligns with expectations for continued growth following the Bitcoin halving. TradingView’s chart further illustrates how each prior cross preceded multi-month expansions, typically accelerated by improving liquidity, ETF inflows, and retail participation driven by cycle trends. With Bitcoin hovering near key long-term support zones, analysts are closely monitoring this developing pattern. If history repeats itself, a new rally phase could be brewing beneath the surface.