Buy Crypto- Markets
Futures- Spot
- Copy Trade
- Earn
- More
Bitcoin (BTC): This Is Better Than Golden Cross
By: cryptonews|2025/05/14 20:30:06
0
Share
Bitcoin's 50-day exponential moving average (EMA) is about to cross above both the 100 EMA and the shorter-term 26 EMA, a technical signal that could be as reliable as, if not more so, than the traditional golden cross in terms of its implications for momentum. If market circumstances remain stable, this convergence might signal the start of a strong rally. A popular dynamic indicator of midterm trend momentum is the 50 EMA. When the 50 EMA crosses above the 100 EMA, it reflects a sustained shift in buying pressure. Even short-term traders are following the trend if it also surpasses the faster 26 EMA. This is a strong confluence that indicates confidence is rising generally. The 50, 100 and 200 EMA are all still well above Bitcoin's main moving averages on the chart, and they are starting to stack in a bullish manner. The asset is currently consolidating between $103,000 and $104,000 after recently breaking above the $100,000 major resistance level. Based on its structure, Bitcoin appears to have already formed a base and is currently halting before possibly continuing on its upward trajectory. The RSI is currently stabilizing around the 70 level, staying out of overbought territory. In the past few sessions, volume has tapered off, which is common during consolidation phases, particularly following a significant breakout. It is important to remember that Bitcoin has held steady at these levels in spite of aggressive whale activity and short-term profit-taking that aims to stifle rising momentum. Traders should closely monitor whether Bitcoin can maintain its value above $102,000 in the near future. Bulls would have a high-conviction entry point if this level were to be successfully retested and the 50 EMA crossed both the 100 and 26 EMA. This is a momentum signal supported by structure sentiment and market context, not just a traditional technical setup. If verified, this might push Bitcoin closer to its next major objective, which is to retest the all-time high of about $109,000.
You may also like
Reflections and Confusions of a Crypto VC
As the tide recedes, crypto VCs face a life-and-death test. The bubble of blind token overvaluation has been burst, and the industry's valuation logic is returning to real revenue. In the face of increasingly savvy retail investors and dried-up liquidity, VCs that can only throw money around are des...
Morning News | Ether Machine terminates $1.6 billion SPAC deal; SpaceX holds approximately $603 million in Bitcoin; Michael Saylor releases Bitcoin Tracker information again
Overview of Important Market Events on April 12
Crypto ETF Weekly | Last week, the net inflow for Bitcoin spot ETFs in the U.S. was $816 million; the net inflow for Ethereum spot ETFs in the U.S. was $187 million
Bitwise updates Hyperliquid ETF application documents, with the trading code set as BHYP.
This week's news preview | The U.S. will release March PPI data; French President Macron will give a speech at Paris Blockchain Week
Highlights of the week from April 13 to April 19.
How Do Digital Assets Self-Custody? OpenAI Cofounder's 15-Step Checklist
It's time to outsource our memory to AI
Circle Product Management Director: The Future of Cross-Chain: Building an Interoperability Technology Stack for Internet Financial Systems
Building on the foundation laid by CCTP, Circle is increasing its investment in three main areas: settlement acceleration, broader asset interoperability, and orchestration, making cross-chain value flow more seamless and efficient, and achieving internet-level usability.
UCL Fan Tokens 2026 Guide: How to Trade UEFA Champions League Crypto with Zero Fees on WEEX
Discover UCL fan tokens like PSG, Barcelona, and Man City. Learn how to trade UEFA Champions League crypto with zero fees and earn rewards on WEEX.
WEEX Poker Party Season 2: Check How to Earn Crypto Rewards Now!
Learn how WEEX Poker Party Season 2 (Joker Card Event) works. Discover rules, scoring, rewards, and strategies to earn crypto rewards through gamified trading.
Yu Weiwen: Steady Development of Hong Kong's Compliant Stablecoin Ecosystem
The President of the Hong Kong Monetary Authority, Eddie Yue, published an article titled "Steady Development of Hong Kong's Compliant Stablecoin Ecosystem" in the official column "Hui Si," in which he pointed out that this licensing marks a new stage in the regulation of stablecoins in Hong Kong.
After TACO Ceasefire, Iran War is Just on Pause
Ceasefire Eased Market Sentiment but Did Not Address Core Conflict
The 17-Year Mystery Will Be Solved, Who is Satoshi Nakamoto?
The New York Times Traces the Mystery of Satoshi Nakamoto, with Clues Pointing to Adam Back
5 Minutes to Make AI Your Second Brain
It's time to outsource memory to AI
Uniswap is trapped in an innovation dilemma
The various iterations of Uniswap are one of the sources of vitality in the DeFi market, but since 2023, Uniswap has not proposed any substantial innovations, instead adhering to traditional business explorations in application chains, Launchpads, etc., leading to a slump in token prices and market ...
What is the key to competition in crypto banking?
Digital banks, crypto cards, wallets, super apps, and DeFi protocols are all converging towards the same goal: to become the primary gateway for your savings, spending, earning, and transferring in the new era.
The flow of stablecoins and the spillover effects in the foreign exchange market
Research has found that an exogenous increase in net inflows of stablecoins significantly widens the price deviation between stablecoins and traditional foreign exchange, leads to depreciation of the local currency, and worsens the financing conditions for synthetic dollars (i.e., increases the doll...
After two years, Hong Kong's first batch of stablecoin licenses finally issued: HSBC, Standard Chartered make the cut
The regulated entity is set to launch a stablecoin in the first half of this year.
The person who helped TAO rise by 90% has now single-handedly crashed the price again today
As long as people are around, the story continues. But once they're gone, you may not even find a worthy opponent to play against.
3-Minute Guide to Participating in the SpaceX IPO on Bitget
Bitget IPO Prime brings a rare opportunity for global users to participate in world-class unicorn IPOs, allowing ordinary users to equally access the potential economic benefits of top-tier IPOs.
Reflections and Confusions of a Crypto VC
As the tide recedes, crypto VCs face a life-and-death test. The bubble of blind token overvaluation has been burst, and the industry's valuation logic is returning to real revenue. In the face of increasingly savvy retail investors and dried-up liquidity, VCs that can only throw money around are des...
Morning News | Ether Machine terminates $1.6 billion SPAC deal; SpaceX holds approximately $603 million in Bitcoin; Michael Saylor releases Bitcoin Tracker information again
Overview of Important Market Events on April 12
Crypto ETF Weekly | Last week, the net inflow for Bitcoin spot ETFs in the U.S. was $816 million; the net inflow for Ethereum spot ETFs in the U.S. was $187 million
Bitwise updates Hyperliquid ETF application documents, with the trading code set as BHYP.
This week's news preview | The U.S. will release March PPI data; French President Macron will give a speech at Paris Blockchain Week
Highlights of the week from April 13 to April 19.
How Do Digital Assets Self-Custody? OpenAI Cofounder's 15-Step Checklist
It's time to outsource our memory to AI
Circle Product Management Director: The Future of Cross-Chain: Building an Interoperability Technology Stack for Internet Financial Systems
Building on the foundation laid by CCTP, Circle is increasing its investment in three main areas: settlement acceleration, broader asset interoperability, and orchestration, making cross-chain value flow more seamless and efficient, and achieving internet-level usability.
App