- Golden cross signals a possible Bitcoin breakout with rising market confidence.
- Whale accumulation and increasing network activity suggest strong bullish momentum.
- Bitcoin faces key resistance; breaking it could trigger a major rally.
Bitcoin — BTC, has recently flashed a golden cross, a pattern known for signaling massive rallies. This formation happens when the 50-day moving average moves above the 200-day moving average. In past cycles, similar setups have triggered explosive price surges. Meanwhile, Bitcoin climbed to $87,127.50 as investors reacted to U.S. trade policy changes. Reports suggest a more targeted approach to tariffs, easing market fears. Confidence has returned, and demand continues rising. With momentum building, Bitcoin could be gearing up for a major breakout.
Market Indicators Point to a Potential Breakout
Bitcoin has moved inside a descending wedge since early 2025. This pattern often signals a breakout. A push past $87,379.59 could start a strong uptrend. Failure to break this level may lead to a drop near $78,296.26. Whale activity shows growing optimism. Since February 23, investors have acquired over 172,705 BTC.
Similar accumulation happened after the FTX collapse, leading to a major rally. Large players seem to be preparing for another upward move. New investors keep entering the market, strengthening Bitcoin’s momentum. A steady accumulation phase often leads to long-term price growth. If history repeats, Bitcoin may soon test new highs.
Rising Network Activity Signals Growing Confidence
BTC’s On-chain data reveals increasing engagement. Active addresses climbed 0.96%, reaching 8.7151 million. More users transacting suggests higher adoption from retail and institutional players. Transaction volume also jumped 1.66%, with 498,797 transactions processed.
This rise in activity reflects strong demand for Bitcoin. A 34.58% surge in the NVT Golden Cross adds another bullish signal. This metric compares network value to transaction volume. A sharp increase suggests growing trust and a strengthening market foundation.
Corporate interest continues rising. Japanese firm Metaplanet Inc appointed Eric Trump to an advisory board. The company aims to expand Bitcoin holdings to 10,000 BTC by year-end.
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