Bitcoin is showing a familiar pattern – the Golden Cross – which historically has preceded major price increases. While a recent dip near $100,000 might have caused some worry, analysts believe this is just a temporary setback.
The Golden Cross and Bitcoin’s Potential
The Golden Cross is a bullish technical indicator. One analyst, Chain Mind, predicts that if history repeats itself, this could launch Bitcoin to $150,000.
The last time this pattern appeared (November 2024), Bitcoin saw a 10% dip followed by a massive 62% surge. This June 2025, we’re seeing a similar pattern: an 8% drop, potentially followed by a significant rally. Chain Mind projects a 51% increase from the post-correction low, putting Bitcoin around $150,000 by the end of 2025. The recent drop to near $100,000 is seen as a potential bottom, setting the stage for this rally.
A Crucial Support Level: $100,000
While the outlook is generally positive, Bitcoin’s price is currently stuck between $100,000 and $112,049. Analyst Crypto Fella highlights this as a critical range. As long as Bitcoin stays above $100,000, a major crash is unlikely. However, breaking below this level could trigger a further drop to between $95,000 and $97,000.
