- Bitcoin’s MACD indicator shows a bullish crossover, marking a momentum shift similar to the breakout seen in early April 2025.
- BTC trades within a flag pattern between $104K and $114K, typically viewed as a bullish continuation in strong upward trends.
- Analysts expect higher volatility as markets reopen, with current technical structure favoring a possible rally toward the $130,000 level.
Bitcoin’s price structure has bullish continuation potential since technical indicators have flipped back upwards. After rallying from a low of $72,000 to over $112,000 the asset has been in a consolidation before the next breakout.
MACD Bullish Crossover Points to Renewed Momentum
A bullish crossover has appeared on Bitcoin’s daily MACD indicator. This formation occurs when the MACD line crosses above the signal line, historically indicating a possible trend reversal or continuation. The last time such a crossover occurred, Bitcoin began a major rally in April.
The histogram on the MACD is also shifting positive, indicating an increasing strength in buyers. The activity is happening at a time when liquidity is likely low over the weekend. Traders are cautiously watching the market but anticipate volatility once traditional markets open.
In a recent post, analyst @AkaBull_ wrote, “$BTC daily MACD bullish cross has happened. Another signal which shows that bulls are in control.” He also noted that the current weekend environment may suppress immediate moves, but expects a breakout in volatility to follow soon after market open.
Bullish Flag Pattern Signals Upward Continuation
Bitcoin’s current price action shows the formation of a parallel channel between $104,000 and $114,000. This consolidation follows a steep climb and resembles a classic bullish flag pattern. Traders often interpret such a pattern as a pause before continuation.
If Bitcoin breaks above the upper range of this flag pattern, a move toward the $130,000–$132,000 region is technically possible. This projection is based on the measured move theory, which maps the height of the flagpole to estimate the next leg.
Nevertheless, if there is no successful breakout through the resistance around $114,000, then price is likely to remain delimited to that area. It is important to note that volume is one of the critical components that will validate any breakout.
Price Movement and Market Activity
As of this writing, Bitcoin is priced at $107,705 with a 24-hour trading volume of $12.63 billion. This is a gain of 0.32% over 24 hours, and an 8.13% gain over the week.
Although price movement over the weekend has been limited, momentum technical signals indicate increasing bullish pressure. Analysts and traders are waiting for Monday to see how the market reacts to confirm directional bias.