Bitcoin Price Flashes ‘Rarest Signal’ Ever, Is A 100% Rally Possible?
The Bitcoin price action has just delivered one of the rarest and most closely watched signals in technical analysis — the Golden Cross. Analysts suggest that this powerful setup could lay the groundwork for an explosive...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
The Bitcoin price action has just delivered one of the rarest and most closely watched signals in technical analysis — the Golden Cross. Analysts suggest that this powerful setup could lay the groundwork for an explosive rally, with speculations pointing toward a potential surge of over 100%.
Bitcoin Price Chart Flashes Golden CrossOn Thursday, crypto analyst ‘Merlijn The Trader’ declared on X social media that Bitcoin has just flashed a Golden Cross, its rarest and most powerful technical signal. The analyst described this development as a historic moment that has only occurred three times since BTC’s inception. Each past occurrence has led to extraordinary price rallies, establishing the Golden Cross as a key signal that most traders and investors watch closely.
Sharing a detailed price chart, Merlijn outlined Bitcoin’s trajectory after each prior Golden Cross, pointing to returns that have left an indelible mark on the cryptocurrency’s history and the market as a whole. In 2016, the appearance of a Golden Cross set the stage for a bull rally of roughly 264%, a move many saw as the opening act of BTC’s first major run into mainstream recognition.
A year later, the signal reemerged in 2017, coinciding with Bitcoin’s meteoric rise of over 2,200%, culminating in the unprecedented high between $17,000 and $27,000. The third Golden Cross formation came in 2020, when BTC surged more than 1,190%, climbing from a low between $4,600 and $7,000 to roughly $69,000 by late 2021. Each instance not only marked a breakout rally but also achieved a new all-time high for the cryptocurrency.
Now, in 2025, Bitcoin has reportedly triggered the Golden Cross signal for the fourth time in its history. Merlijn’s analysis highlights that this is not just a routine crossover but an ignition point. He noted that previous Golden Cross signals aligned with the start of Bitcoin’s most powerful bull phases. As a result, the current setup could prepare the cryptocurrency for another outsized rally to new ATHs.
Based on historical data, even a conservative repeat of past percentage gains suggests Bitcoin could climb well beyond $200,000. A 100% rally from current levels above $115,000 could push the leading cryptocurrency well above $230,000. However, Merlijn’s chart points to an even greater move, projecting a potential surge to nearly $400,000.
Bitcoin Bull Market Support Bands Hold FirmCrypto analyst Mags has also drawn attention to a different technical signal, reinforcing Bitcoin’s bullish case. According to him, BTC’s bull market support bands have acted as critical support zones in the past cycles, keeping the broader uptrend intact during temporary corrections.
Throughout this cycle, each time Bitcoin’s price tested the bull market support band, it managed to hold and rebound strongly. The most recent test saw the cryptocurrency bounce cleanly off the band, suggesting buyers are stepping in at these levels to defend support. Mags added that this consistent support has created a foundation for further gains in BTC’s price, indicating that the market is not overextended.
Why this matters
This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on NewsBTCRelated market context
Sam Altman ChatGPT AI Predicts Insane Bitcoin Price by 2026
Sam Altman ChatGPT AI just circled November on the calendar and put a number next to Bitcoin Price Prediction. The model predicts...
Elon Musk Grok AI Predicts Incredible XRP Price Target by End of 2026
Elon Musk Grok AI just published what might be the most partnership-heavy XRP price prediction in this entire series. The model pr...
BlackRock put $209M behind Bitcoin’s rebound but can it last?
U.S. spot Bitcoin ETFs turned positive again on July 6, and the clearest question for Bitcoin is whether BlackRock's IBIT provided...
Bitcoin dominance hits one-month low as altcoin winners start breaking away
Bitcoin's dominance dropped to a one-month low of 54%, down from 58.12%, according to CoinGecko's dominance table. Over the same s...
Crypto News, July 8: U.S. Strikes Iran Again, Ethereum Price Wobbles After Bitcoin Spot Sell-Off
Crypto markets woke up to fresh news as U.S. strikes hit Iran again. The Bitcoin price is stuck chopping between $62,000 and $64,5...
Whale Buying Hints at Bitcoin Bottom After Worst Month Since 2022 — 3 Signals to Watch
Three signals may determine whether bitcoin’s worst month since 2022 marks a bottom, as tighter central bank policy, inflation pre...