Confirmed golden cross for Bitcoin; Here's the projected ultimate peak target price
Latest Analysis on Bitcoin Price Prediction
The recent emergence of a golden cross in Bitcoin's chart, where the 50-day moving average (MA) surpassed the 200-day MA, has sparked considerable attention and analysis regarding its potential influence on Bitcoin's price movement.
Technical Analysis
The golden cross is often regarded as a bullish indicator, with past instances indicating significant price surges. For instance, Bitcoin experienced a 43% price surge in February 2023 and a 157.5% rally in October 2023, following similar occurrences[1]. The most recent golden cross, which occurred on May 20, 2025, placed the 50-day MA around $105,000, crossing above the 200-day MA[1]. Fibonacci extension levels are frequently used to anticipate potential price extensions following a golden cross.
Key Price Levels
Traders are eying potential buying opportunities at approximately $109,000 to $111,000, while suggesting a stop-loss strategy below $97,000[1]. This suggests a belief in a short-term price increase. If Bitcoin fails to breach the resistance level of approximately $111,195, a potential pullback toward the 20- or 50-day MA might ensue, based on some analysts' forecasts.
Corporate Interest and Market Sentiment
There is growing corporate interest in holding Bitcoin as a treasury asset, with companies such as MicroStrategy and Tesla leading the way. This interest can potentially bolster demand and support higher prices in the long term. Currently, the Trump Media and Technology Group, the parent company of Truth Social, is raising $2.5 billion to acquire Bitcoin as part of its capital structure[2].
Future Predictions
Some analysts expect a short-term price dip of 10-15% following the golden cross, which could trigger a "flash sale"[3]. Long-term speculation suggests that Bitcoin could reach prices between $125,000 and $150,000 by the end of August 2025[4]. However, market dynamics and external factors will ultimately shape Bitcoin's price trajectory.
In conclusion, while the golden cross is a positive technical indicator, it is essential to consider market dynamics and external factors before making investment decisions. Buy entry strategies are being considered at $109,000 to $111,000, with a stop-loss policy in place below $97,000. Increased corporate interest can enhance market sentiment and support long-term price appreciation.
[1] "Golden Cross: A Bullish Indicator in Bitcoin's Chart", TradingShot (May 28, 2025), https://www.tradingshot.net/articles/golden-cross-a-bullish-indicator-in-bitcoins-chart/
[2] "Trump Media and Technology Group Announces Capital Raise for Bitcoin Acquisition", Bitcoin Magazine (May 28, 2025), https://bitcoinmagazine.com/business/trump-media-and-technology-group-announces-capital-raise-for-bitcoin-acquisition
[3] "Information on Bitcoin's Next Price Target after the Golden Cross", SmartReversal (May 28, 2025), https://smartreversal.com/articles/bitcoin-price-target-after-the-golden-cross/
[4] "Predictions for Bitcoin's Long-Term Price Movement", Cointelegraph (May 28, 2025), https://cointelegraph.com/news/predictions-for-bitcoin-s-long-term-price-movement
The recent emergence of a golden cross in Bitcoin's chart, based on the crossing of the 50-day moving average ($105,000) and the 200-day moving average, has sparked interest in the potential crypto market, specifically in Bitcoin technology. This event is often seen as a bullish indicator, potentially leading to significant price surges reminiscent of the ones seen in February 2023 (43%) and October 2023 (157.5%).
