Bitcoin Flashes Historic Bull Market Golden Cross To Trigger ‘Flash Sale’ | Bitcoinist.com

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Bitcoin (BTC), the world’s largest cryptocurrency, has just triggered a rare and historic Golden Cross, signaling the start of another major bull run. This technical formation has mostly preceded explosive price surges in the past. Surprisingly, the market is expected to respond with a sharp but short-term pullback, with a crypto analyst calling for a flash sale

Golden Cross Sets Stage For Bitcoin Flash Sale

According to a new analysis posted on X (formerly Twitter) by market expert Kyle Chasse, a Golden Cross pattern has emerged on the Bitcoin price chart. Historically, this technical signal has marked the beginning of some of Bitcoin’s most dramatic and sustained bull rallies. However, Chasse warns that this particular Golden Cross could trigger a short-term BTC flash sale before the real rally begins

Related Reading: Bitcoin Golden Cross In Play – Analyst Reveals Best Course Of ActionThe analyst revealed that in 2016, a Golden Cross preceded a 139% climb in the BTC price. Similarly, the same pattern appeared in the 2017 bull market, triggering an unprecedented 2,200% explosion that defined one of the most powerful BTC rallies

In 2020, Bitcoin also surged over 1,190% after a Golden Cross emerged, fueling a rise to its former ATH of around $69,000. Now, with the flagship cryptocurrency hovering in the six-figure territory, Chasse suggests that the current Golden Cross may not follow the familiar script of past bull markets.

Rather than an explosive surge, the analyst predicts a 10-15% short-term price dip following the Golden Cross. This pullback is anticipated to precede a new rally targeting the $98,000 – $101,000 range, which the analyst describes as a reload zone where buyers can position themselves before the final blastoff to $320,000

Most importantly, this brief price correction isn’t seen as a sign of weakness but as a strategic buying opportunity — a “flash sale” on Bitcoin. That said, Chasse’s analysis also cautions traders and investors to stay vigilant

During Bitcoin-led corrections, alternative cryptocurrencies tend to suffer more severe declines. As a result, the market analyst expects altcoins to shed 30-40% of their value in the coming dip

Analyst Sets $160,000 Bitcoin Price Target By Q4

Bitcoin has climbed above $110,000 again, signaling a potential shift into the most aggressive phase of the current bull cycle. According to crypto analyst Cas Abbe, this move places the market in a key historical price zone that previously marked the beginning of BTC’s parabolic rallies in 2013, 2017, and 2021.

Related Reading: Bitcoin At $118,000 Before June? Trader Reveals When As Weekly MACD Turns BullishAbbe’s macro analysis chart compares Bitcoin’s past market cycles, suggesting that the current structure is closely mirroring those of previous bull runs. With the flagship cryptocurrency now reclaiming a strong position above $110,000, the analyst predicts that Bitcoin will soon enter a price discovery mode where parabolic rallies happen

Source: Cas Abbe on XForecasts are now pointing to a potential move toward $130,000 by July, followed by a climb to $160,000 by the fourth quarter of 2025. The analyst has even projected a potential price peak of $230,000.

BTC trading at $109,680 on the 1D chart | Source: BTCUSDT on Tradingview.comFeatured image from Getty Images, chart from Tradingview.com Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.