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CryptoMedium•6 April 2026•

1 min read

Bitcoin Nears Bullish MACD Cross Signaling Potential Price Rally

Key Facts

1Bitcoin is nearing a long-term positive MACD cross, a technical indicator that typically signals a bullish trend reversal.

2The last time this cross occurred in 2025, Bitcoin's price surged by $25,000 within just two months.

Bitcoin is approaching a long-term positive MACD crossover, a technical indicator signaling a potential bullish trend reversal. The cryptocurrency is trading around $69,107, with its Stochastic RSI mirroring patterns observed at the end of the 2022 bear market. However, Nic Puckrin, CEO of Coin Bureau, suggests that Bitcoin may remain in a bearish or transitional phase throughout the second quarter of 2024. This cautious outlook emerges as Bitcoin increasingly decouples from traditional assets, making its price behavior more idiosyncratic and less predictable by standard macro models. While on-chain data shows continued growth in Long-Term Holder (LTH) supply, the effectiveness of traditional economic indicators in forecasting crypto markets appears to be waning. Investors are closely monitoring the BTC/USD pair and spot ETFs like IBIT to see if technical signals can overcome the current transitional phase.

about 9 hours ago

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Version History

11 additional sources confirmed this story

Version 6about 9 hours ago

What changed: Added a counter-narrative from Coin Bureau regarding a potential bearish Q2 phase and highlighted Bitcoin's increasing decoupling from traditional assets and macro models.

Version 5about 20 hours ago

What changed: Added Stochastic RSI analysis mirroring the 2022 bear market bottom as secondary confirmation of a bullish reversal.

Version 4about 20 hours ago

What changed: Added current trading price data and long-term $1 million price targets from prominent financial figures to the existing technical analysis.

Version 3about 23 hours ago

What changed: Added details on the 5% price recovery from Sunday lows, the testing of key resistance in April, and the projected mid-April timeline for the end of the consolidation phase.

Version 21 day ago

What changed: Added on-chain data showing a structural shift toward long-term holding and growth in LTH supply (6+ months), reinforcing the bullish outlook.

Version 11 day ago

What changed: Added a cautious technical outlook from analyst LP suggesting a market bottom hasn't been reached yet, while highlighting Bitcoin's attempt to reclaim $70,000 amid geopolitical developments between the U.S. and Iran.