Historic Bitcoin Indicator Predicts Bitcoin $200K Target: Next Crypto to Explode
The post Historic Bitcoin Indicator Predicts Bitcoin $200K Target: Next Crypto to Explode appeared on BitcoinEthereumNews.com.
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Bitcoin is right at the center of most digital asset projections, and understandably so. After all, the ‘digital gold’ is the biggest cryptocurrency in the world and the one that decides the entire market’s health. This article will inform you about a positive flip in a sensational momentum indicator that has been proven to predict forthcoming $BTC rallies. Remember, this particular indicator correctly called the 2023 and 2024 $BTC bull runs. Read on as we dive into the details of Bitcoin’s chart. We’ll also mention four tokens that could be the next crypto to explode. The MACD Histogram Turns Bullish When discussing any technical indicator, it’s important to understand what it means. The Moving Average Convergence Divergence (MACD) histogram is essentially the difference between the MACD line and its signal line. Moreover, the MACD line is arrived at by subtracting the 26-period EMA (exponential moving average) from the 12-period EMA of the asset, which in this case is $BTC. The signal line, on the other hand, is a 9-period EMA of the MACD line. A flip to green in the MACD histogram is considered to be an extremely bullish signal, doubly so because of its historical accuracy. For instance, the indicator turned positive in the second half of October 2024, October 2023, and August 2022. Each time, $BTC rallied quite heavily. Considering previous percentage gains in $BTC after the MACD histogram turned green, analysts are hopeful of a $200K target for Bitcoin this time around. It’s…
Filed under: News - @ May 15, 2025 4:28 pm