Bitcoin Price Prediction: Golden Cross Just Flashed – $100,000 Incoming?

Bitcoin is back near $80,000, and one of the market's most closely watched long-term signals has just flashed bullish.

The 50-day moving average has crossed above the 200-day moving average, creating what traders call a Golden Cross.

For anyone who does not live inside charts, it means Bitcoin's recent trend is now rising faster than its longer-term trend, a shift that can appear when momentum is turning in buyers' favor.

BTC has already rebounded sharply from its summer lows and reclaimed both major moving averages.

But a Golden Cross is not a guarantee. The chart now shows what Bitcoin still needs to do before $100,000 becomes a realistic target.

Bitcoin Price Prediction: Can the Golden Cross Push BTC to $100,000?

BTC is trading around $79,500, above its 50-day moving average near $70,250 and its 200-day moving average near $69,960.

That confirms the classic Golden Cross, while Bitcoin's RSI sits near 63, showing positive momentum without the market looking heavily overbought.

Source: TradingView

BTC has also already reached the $82,000 target we highlighted in our previous Bitcoin price prediction before pulling back toward $80,000.

If buyers can hold this area and push through the recent highs, $100,000 becomes the next major psychological target on the chart. A clean break there could eventually reopen the path toward $150,000.

The bearish risk is a failed breakout. If Bitcoin loses momentum, the larger support zone near $60,000 would come back into focus.

There is another signal worth watching.

The 50-day and 200-day exponential moving averages are also closing in on a bullish crossover, which would reinforce the trend if it confirms.

That matters for Tan Gera's four-signal framework. Bitcoin has already checked off signal one by holding above the 200-day moving average for more than two weeks. An EMA Golden Cross would mark signal two.

The final checks are Bitcoin dominance falling toward 61 and BTC beginning to outperform the S&P 500.

So, is $100,000 incoming? The setup is improving, but Bitcoin still needs to hold above $80,000 and turn this crossover into sustained momentum.

As always, we'll keep you updated in the free Future Finance newsletter.

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