- Bitcoin’s MACD bullish crossover mirrors a past setup that triggered an 81% surge, hinting at another powerful breakout.
- Price action from $8,000 to $100,000 reflects a strong bullish structure, with current support holding at $80,000 post-correction.
- Multiple chart signals, including MACD and historical turning points, align to suggest growing momentum for another upward price wave.
According to analyst Javon Marks, Bitcoin has confirmed a bullish MACD crossover, igniting speculation about another wave up in price. This technical signal previously preceded an 81% rally, suggesting momentum may now be building again. Bitcoin currently trades at $90,000 after correcting from a $100,000 high. The recent crossover has sparked strong optimism across the crypto market.
This comes after a run-up from $8,000 in early 2022 to nearly $100,000 in 2024. Additionally, Bitcoin shows consolidation phases after major rallies. These pauses have a tendency to create support and resistance levels, forming launchpads for future movements. Bitcoin is now holding firm near $80,000 support after its recent pullback.
MACD Strengthens Momentum Outlook
Besides price action, technical indicators are adding fuel to bullish expectations. The MACD, which oscillates between positive and negative zones, shows a fresh bullish crossover. This is crucial because the last similar crossover led to a sharp upward movement.
Additionally, the data reveals several marked turning points, identified using green circles. These circles appear at highs and lows, suggesting algorithmic or pattern-based decision zones. Consequently, Bitcoin’s current positioning near these zones may hint at another incoming breakout.
Market Structure Remains Strong
Bitcoin has maintained a strong structure throughout 2022 to 2025. Price candles consistently respected trend lines, signaling controlled market movements. Each major surge followed technical patterns and solid consolidation, suggesting this cycle holds credibility. However, the absence of trading volume data makes it harder to confirm conviction behind each move.
Moreover, vertical dotted lines divide the chart into manageable periods. These help visualize the rhythm of Bitcoin’s growth across different phases. Hence, it becomes easier to identify recurring cycles and trend strength. With Bitcoin now testing the upper range again, a clean break above resistance could trigger a fresh leg higher.
