Bitcoin’s (BTC) Rare Signal Returns and History Points to 40% Surge
The post Bitcoin’s (BTC) Rare Signal Returns and History Points to 40% Surge appeared on BitcoinEthereumNews.com.
Bitcoin (BTC) witnessed a golden cross on the daily MACD printed while short-term MVRV bottomed near $107,000. This event, which occurred just weeks ago, has only happened three times in the current cycle, and each time marked significant local bottoms. Golden Cross + MVRV Bottom In an update on X, pseudonymous crypto analyst Mr. Wall Street explained that similar signals popped up at $76,000 during tariff fears, around $49,000 during the yen carry trade unwind, and in the $16,000-$18,000 zone after the FTX collapse. The latest occurrence is considered even more powerful, since the MACD cross emerged in negative territory on the 1D timeframe, which is a historically rare condition that often precedes 30-40% upside moves. Based on past performance, the implication is a potential rally toward the $140,000-$150,000 range. An important debate now is how Bitcoin might reach that target. Two main scenarios are in play. The first indicates the bottom is already in, and a reversal is unfolding as the market moves higher from $107,000 levels. The second scenario maps out a rejection near $120,000, followed by a sweep of monthly lows before a bullish divergence in RSI points to a surge toward $140,000. Such a shakeout would follow the pattern of prior cycle behavior, frustrating traders who are chasing corrections before driving the next leg up. This week’s FOMC meeting and Federal Reserve Chair Jerome Powell’s comments are being speculated to be critical in determining which path Bitcoin takes. The analyst also dismissed bearish claims circulating on social media that liquidity favors the downside and argued instead that a $50,000 move upward would liquidate far more short positions than an equivalent move lower. He also pushed back against macroeconomic concerns raised by skeptics, who have noted that Bitcoin has repeatedly defied weak global conditions. For example, in…
