Bitcoin To The Moon? BTC Price Chart Flashes Golden Cross For First Time Since 2023


Bitcoin To The Moon? BTC Price Chart Flashes Golden Cross For First Time Since 2023



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Bitcoin’s MVRV ratio, a key indicator used to gauge whether BTC is overvalued or undervalued, is reportedly on the verge of flashing a rare “golden cross” signal — a development that analysts often associate with the early stages of a major bullish breakout for the world’s largest cryptocurrency.

Bitcoin MVRV Momentum Flashes Major Bullish Signal

According to CW8900, an analyst at CryptoQuant, Bitcoin’s MVRV golden cross is signaling a potential transition to a bullish phase, with similar past setups often preceding extended rallies and sustained upward momentum for BTC.

“A golden cross between the $BTC MVRV Ratio and the 200D EMA line is imminent. This signal is a representative trend-reversal signal and a bullish indicator. A golden cross is about to occur again following the dead cross last August,” CW8900 wrote in a May 10 post on X.

The previous time Bitcoin’s MVRV indicator flashed this bullish crossover was shortly after the 2022 market bottom, a signal that was followed by a powerful 90% BTC rally from roughly $16,300 to $31,000 during the first quarter of 2023. 

CW8900 also pointed to another golden cross that appeared in September 2023, which later preceded a massive 400% surge culminating in Bitcoin’s all-time high of $126,000 reached in October 2025, reinforcing the indicator’s reputation as a historically strong bullish signal.

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In a previous market analysis, CW8900 observed a bullish golden cross in late April, when Bitcoin’s 30-day SMA of the MVRV ratio crossed above its 90-day SMA. According to the pundit, the crossover signaled a major shift in market structure, prompting him to declare that “BTC has completely turned to a bullish trend.”

BTC rallied to a local high of $82,347 on Monday but has slipped slightly over the last 24 hours, trading around $81,681, according to CoinGecko.

Meanwhile, fellow market expert Moustache further pointed to strengthening bullish signals, highlighting that Bitcoin’s market capitalization and Relative Strength Index (RSI) are both rebounding from key multi-year support levels on the monthly chart. 

Drawing comparisons to the 2022 market bottom, the analyst told his X followers earlier today that he believes Bitcoin has once again established a cycle low, adding that prices are likely headed “much, much higher,” and suggesting that a major upside move could still be ahead for the alpha crypto.

Let’s see if history repeats itself.

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