Bitcoin Golden Cross & Bullish On-Chain Signals vs. Market Weakness
Multiple Bitcoin technical indicators are flashing bullish — a Golden Cross is forming, the MVRV Momentum Oscillator turned positive, and Cantor Fitzgerald raised its 12-month BTC target to $112K — even as broader risk markets sell off sharply.
What we know
An account on X aggregated a wave of bullish Bitcoin signals: a Golden Cross forming (historically preceded bull runs in 2013, 2016, 2019, 2023) link; the MVRV Momentum Oscillator turning positive at $83K — 'the signal that called every BTC cycle bottom' link; BTC rallying from $60K to $87K with barely any funding rate rise link; and Cantor Fitzgerald raising its 12-month target to $112K from $98K link. Meanwhile, another account on X warns traders not to flip bias on every daily candle — trends on main alts broke weeks ago and patience is the play. Another account on X simply notes prices are lower today than yesterday.
By the Global Eye 24 desk, with AI assistance. Updated as the story develops. Spot an error? Write to corrections@globaleye24.com.