Bitcoin recently confirmed a major technical signal on its daily chart by forming a Golden Cross, where the 50-day moving average climbs above the 200-day moving average. This setup typically indicates a shift toward sustained upward momentum.
Its first appearance since late 2025 has renewed debate over whether price could stretch toward $100,000. Past instances of this pattern often preceded price increases between 45% and 60%.
Macroeconomic factors and institutional activity add weight to the current structure. Spot ETF inflows recently reached $3.8 billion, creating a solid capital base beneath current prices. At the same time, favorable political commentary regarding crypto regulation and improved liquidity from the US Treasury have helped maintain broader market sentiment.
However, the path higher faces immediate hurdles. Bitcoin is currently testing heavy overhead resistance in the $79,000 to $81,000 range. Incoming Federal Reserve updates on interest rates and inflation could heavily influence short-term direction.
Do you think $BTC will break through resistance and head toward $100K, or are we due for a pullback first? Share your view below.
(Disclaimer: This post is for educational purposes only and is not financial advice. Crypto assets are volatile, so always do your own research before trading.)