Bitcoin (BTC) could be preparing for another major bull rally as a Golden 
Cross has recently appeared on the cryptocurrency’s Inter-exchange Flow Pulse 
(IFP). A crypto analyst who explained the significance of this occurrence 
notes that the timeline of this Golden Cross aligns almost perfectly with past 
bull rallies. Based on this historical trend, the analyst suggests that the 
next two to three weeks are important for Bitcoin’s next move. Historical 
Golden Cross Pattern Signals Bitcoin Rally Crypto market expert CW has shared 
a new Bitcoin forecast that, if realized, could completely invalidate the 
widespread bearish outlook for the cryptocurrency. In his post on X, the 
analyst shares a chart displaying BTC’s Inter-exchange Flow Pulse, a key on- 
chain indicator that tracks the net flow of Bitcoin between exchanges. Related 
Reading: Bitcoin Rainbow Chart Says Price Is Ranging Above $60,000 For A 
Reason, Here’s Why Usually, this indicator signals a bull market when it turns 
green and a bear market or correction when it turns red. This particular 
metric is often used to identify Bitcoin’s market position and has gained 
recognition for its strong track record of predicting major market turning 
points. During his analysis, CW noted a recurring Golden Cross pattern that 
has appeared twice in Bitcoin’s history on the Inter-exchange Flow Pulse 
chart. The first time this crossover occurred was in 2019, and then it was 
subsequently repeated in 2023. In both cases, the analyst noted that the 
Golden Cross had foreshadowed the start of a massive bull rally that lasted 
for months. However, the anticipated rally did not start immediately after the 
Golden Cross emerged. Instead, the broader market waited 30 to 40 days before 
the Bitcoin bull run began. Specifically, during the 2019 cycle, BTC 
consolidated for about 30 days after its Golden Cross before skyrocketing 
above $40,000 from a low price between $4,000 and $10,000. This bull rally had 
also extended into the 2021 bull market, where the cryptocurrency found a top 
of $69,000. Subsequently, in 2023, the chart shows that Bitcoin crashed below 
$20,000 following the 2022 bear market. Shortly after, the same Golden Cross 
appeared again on the Inter-exchange Flow Pulse. Just 40 days later, Bitcoin 
climbed above $100,000, extending its bull run into 2025. BTC Set For 
Explosive Run As New Golden Cross Emerges Fast forward to today, CW noted in 
his analysis that the market cycle is currently 33 days past its most recent 
Golden Cross on the Inter-exchange Flow Pulse. This places the Bitcoin price 
right within the historical 30-40 day window. As a result, if the pattern 
continues to hold, Bitcoin could be on the verge of another sustained bull 
rally. Related Reading: Analyst Says Bitcoin Hasn’t Seen A True Bottoming 
Formation Yet, What This Means For Price With only a few days left in this 
window, the analyst warns that the next two to three weeks are critical, 
urging investors and traders to watch BTC’s price closely. Based on past 
trends, a confirmed breakout during this period could likely be the start of a 
bull run. Featured image from Pixabay, chart from Tradingview.com

Bitcoin Golden Cross Trend Enters Flow State: Why The Next 2-3 Weeks Are Important

Bitcoin price started a strong increase above the $70,500 zone. BTC is 
consolidating gains and might aim for more gains above the $71,650 zone. 
Bitcoin gained pace for a move above the $70,500 and $71,500 levels. The price 
is trading above $70,200 and the 100 hourly simple moving average. There is a 
new bullish flag pattern forming with resistance at $71,650 on the hourly 
chart of the BTC/USD pair (data feed from Kraken). The pair might extend gains 
if it stays above the $70,250 and $69,500 levels. Bitcoin Price Holds Support 
Bitcoin price managed to climb higher above the $69,500 resistance zone. BTC 
gained pace for a move above the $70,500 and $71,200 levels. The pair even 
rallied above the $72,200 level. A high was formed at $72,728, and the price 
started a downside correction. There was a move below the 23.6% Fib 
retracement level of the upward move from the $67,735 swing low to the $72,728 
high. However, the bulls were active above $70,000. Bitcoin is now trading 
above $70,500 and the 100 hourly simple moving average. If the price remains 
stable above $70,000, it could attempt a fresh increase. Immediate resistance 
is near the $71,650 level. There is also a new bullish flag pattern forming 
with resistance at $71,650 on the hourly chart of the BTC/USD pair. The first 
key resistance is near the $72,000 level. A close above the $72,000 resistance 
might send the price further higher. In the stated case, the price could rise 
and test the $72,800 resistance. Any more gains might send the price toward 
the $73,500 level. The next barrier for the bulls could be $74,000. More 
Losses In BTC? If Bitcoin fails to rise above the $71,650 resistance zone, it 
could start another decline. Immediate support is near the $70,300 level or 
the 50% Fib retracement level of the upward move from the $67,735 swing low to 
the $72,728 high. The first major support is near the $70,000 level. The next 
support is now near the $69,650 zone. Any more losses might send the price 
toward the $69,000 support in the near term. The main support now sits at 
$68,800, below which BTC might struggle to recover in the near term. Technical 
indicators: Hourly MACD – The MACD is now losing pace in the bearish zone. 
Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now near the 50 
level. Major Support Levels – $70,300, followed by $70,000. Major Resistance 
Levels – $71,650 and $72,800.

Bitcoin Price Trims Gains, But Uptrend Still Holds Strong

Evernorth advances its SPAC merger with an amended SEC filing detailing XRP- 
based financing, refining how token contributions translate into equity within 
its planned public market debut. Key Takeaways: Evernorth advances SEC filing 
with XRP-based equity tied to 126,791,458 tokens from Ripple. Ripple-backed 
structure links token pricing to CME CF rates, tightening valuation and share 
issuance […]

Evernorth Amended SEC Filing Deepens XRP Role in Crypto Market Structure

Data shows the uplift that Bitcoin and other cryptocurrencies have seen during 
the past day has induced a significant amount of liquidations in the 
derivatives market. Crypto Derivatives Market Has Witnessed Nearly $630 
Million In Liquidations According to data from CoinGlass, a large amount of 
liquidations have occurred in the cryptocurrency derivatives sector. 
&#8220;Liquidation&#8221; here refers to the forceful closure that any open contract 
undergoes after it has amassed losses of a specific degree. Related Reading: 
Cardano Whale Count Climbs To 4-Month High Amid Steady Accumulation In the 
digital assets market, coins tend to be volatile and leverage usage can be 
high among traders, so events where mass liquidations take place at once 
aren&#8217;t a rare sight. One such squeeze has again occurred in the past day. 
Below is a table that breaks down the numbers relevant to the latest 
cryptocurrency market liquidations. In total, the cryptocurrency market has 
seen liquidations of about $627 million in the last 24 hours. This flush is a 
result of the sharp price action that Bitcoin and other assets have observed 
following the ceasefire between Iran and the United States. From the table, 
it&#8217;s apparent that liquidations have heavily leaned in the short direction, 
involving bearish bets of more than $473 million. The dominance of shorts 
isn&#8217;t surprising as price action has overall been toward the upside inside 
this window. In terms of the individual assets, Bitcoin has contributed the 
most toward the liquidation squeeze, with $276 million in positions involved. 
Like is usually the case, Ethereum has followed Bitcoin in second place with 
almost $121 million in liquidations. Out of the altcoins, Solana has witnessed 
the largest derivatives flush at $19 million. While the market has faced a 
large amount of liquidations, it would appear that speculative activity has 
been high enough to replace the lost positions. As highlighted by CryptoQuant 
community analyst Maartunn in an X post, the Ethereum Open Interest has seen a 
sharp surge alongside its rally back above the $2,200 level. The Open Interest 
here is an indicator tracking the total number of derivatives market positions 
related to Ethereum that are currently open on all centralized exchanges. This 
metric jumped by more than 14% as ETH observed its breakout. Related Reading: 
XRP 1-Year MVRV Falls To -41%, Lowest Since FTX Crash In the past, rallies 
fueled by speculative activity have often tended to be unstable, as a sharp 
surge in the Open Interest can unwind with strong liquidations. From the 
chart, it&#8217;s visible that the price jump at the start of this week saw this 
pattern play out. Bitcoin Price Bitcoin briefly touched the $72,800 mark 
during the rally before retracing back to $71,600. Featured image from Dall-E, 
chart from TradingView.com

Bitcoin Surge To $72,000 Unleashes $470M Squeeze On Crypto Bears

Bitcoin and ethereum allocations can swing from near zero to over 20% in 
diversified portfolios as return expectations rise, with Charles Schwab 
showing investor assumptions directly dictate crypto’s role in portfolio 
construction. Key Takeaways: Charles Schwab shows bitcoin allocations up to 
22.4% depending on return assumptions. Bitcoin allocations reach 16.9% for 
moderate portfolios when expected […]

Cryptocurrency price in KRW