Bitcoin has just triggered a classic bullish technical pattern: the Golden Cross, where the 50-day moving average crosses above the 200-day.

According to crypto analyst Atlas, this signal doesn’t immediately launch the price skyward, as many expect. Instead, history shows that BTC often experiences a brief 10% dip before exploding to the upside—sometimes by more than 200% within days.

Atlas highlighted that the last Golden Cross in late 2024 saw BTC dip briefly before rallying over +60%. With the new cross now confirmed, a similar setup could send Bitcoin soaring past $140,000, with the potential to challenge the $200,000 mark if historical performance repeats.

Altcoin Market Also Confirms Golden Cross Pattern

Echoing this momentum shift, Pepesso pointed out that a Golden Cross has now appeared in the altcoin market cap chart (excluding BTC and ETH). The last time this occurred was in 2021—when altcoins launched into a staggering 5,000% rally. Pepesso claims to have turned $750 into $290,000 during that cycle.

In 2025, he sees an identical technical setup emerging. The chart suggests a strong continuation trend, with potential to drive altcoin market capitalization to new highs—potentially into the multi-trillion-dollar range over the next 12–18 months.

He stated he’s “going all-in” on seven specific altcoins with what he believes could have 1000x upside, leveraging the same signal that proved powerful in the past.

What Comes Next: Key Levels and Timelines

For Bitcoin:

Short-term pullback target: ~$100,000 (historical post-cross dip)
Immediate breakout zone: ~$116,000
Major upside projection: $140,000 to $200,000 if the historical pattern repeats

For Altcoins:

Watch for rising volume and weekly closes above previous highs
A confirmed continuation of the 2025 cross could mirror the vertical trajectory seen post-2021

With Golden Cross signals now flashing across both BTC and altcoin markets, traders are closely watching for confirmation—potentially marking the beginning of a powerful new leg in the crypto bull cycle.

The post Golden Crosses Signal Breakout Potential for Bitcoin and Altcoins appeared first on Coindoo.

---

Filed under: Bitcoin - @ June 1, 2025 7:00 am