Bitcoin Makes First Golden Cross since 2023! Is it time for a true rebound?

Added: 2026-05-18

[00:00:00]Hello folks, and something has occurred that usually doesn't occur in bear years, but has appeared now. And that something is the fact that Bitcoin has achieved its golden cross. That's when the 50 MA goes above the 200 MA, and that's on the daily. So, a lot of times that signals a trend reversal, not always, but sometimes. So, basically, it's the first time it's appeared since 2023.

[00:00:34]Um and 2023, towards the end of 2023, rallying into 2024, that's when we really started going up. Obviously, you know, right now with 2026, it would kind of like um be 2022's counterpart, not 2023's counterpart. But, same thing did kind of happen in uh 2019, and went up to 13,000 and before it dumped back down to 6,000. So, we're going to take another look at this phenomenon. And yes, if you're wondering what I'm streaming, have to wait another one or two days because uh my throat is almost done healing, but uh it'll take one or two more days for me to completely get uh everything back. So, Bitcoin's NVRV suggests a shift to bullish momentum as Bitcoin's market structure strengthens, which may be an early sign of a new bull market. Now, I don't know if about a new bull market, could be a mini bull market much like 2019 was.

[00:01:31]So, Bitcoin could be set for an extended uptrend. Sometimes people do think that the golden cross and the death cross are lagging indicators, which much of the get with much of the gains having already occurred by the time the golden cross um arises. But, that's not that might not always be true. So, key takeaways, Bitcoin's NVRV golden cross signals a shift to bullishness, historically preceding prolonged price rallies.

[00:01:58]Bitcoin traders argue 60K was near the market bottom. And then they see a big BTC breakout. This signal is representative trend reversal signal and is a bullish indicator. And usually Bitcoin does actually um go perform pretty well for a little bit at least after the golden cross. Um and uh we got to talk about this because the last time something like this happened that can compare well, like I said, is 2019 during more of a uh bearish year. The gold The Bitcoin golden cross in 2019, where the 50-day moving average crossed above the 200-day moving average, appeared in late April 2019. Now, 2019 is like 2023, which should be like 2027. So, this is happening a year before. So, it is on an accelerated cycle, but we don't really know if it's actually real. With price reports indicating it occurred around the $5,300 to $5,500 range. Now, Bitcoin, remember, did not break a new all-time high after that. It actually broke to about 13,000, which is over twice as high, but still falling quite short of the 20,000 um maximum that was achieved in 2017-2018 before that. So, obviously, uh this time I don't expect it to double after we achieve the golden cross. If we can get to like 90 or 100,000 or 100 like around 100,000 before we go back down, um that would be a big achievement. And then once it went back down, it went back down to like 6, 5, 6,000. So, if we kind of follow this pattern, maybe 60,000 was the bottom, and then we could might we might be able to go up to 100,000 before going back down to 60,000 and then starting from there. And then maybe a couple months after that, we really start pumping after that. And that could be the most likely scenario. I still don't think we've actually reached the bottom because back then in 2019, this was before COVID. COVID didn't happen until the end of the year, obviously, in 2019 into 2020. So, we didn't have these kind of macroeconomic pressures that we actually do have now. Now, this is in Trump's first term.

[00:04:12]You know, like his first term wasn't quite as crazy as the second term. He had advisers that kept him from doing his craziest things, whereas this time he does not. So, we didn't really have the Iran war, we didn't have the inflation coming because the Iran war, we didn't have the tariffs, we didn't have all that stuff. So, very surprising that Bitcoin has gotten a major rally, mainly because of AI stocks, and that could actually remain hot. So, we could actually be for in for a longer uptrend, although there are many things that could possibly break it down. Like I said, I don't expect it to behave like 2019, where we more than doubled, but after the golden cross because in 2018 we dumped a lot more than we did now, percentage-wise, before we actually hit that point where the golden cross reversed up. But, I can see um a scenario where we actually rally to about 100,000, maybe even 110 before we drop back down because of this golden cross. Overall, it's a bull signal and it is something that uh people should actually uh look at. So, that's the news for today. Let me know what you think.

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