Bitcoin has recently delivered a strong technical signal that could point to further upside. Historically, the last three weekly MACD crossovers have resulted in gains of 147 percent, 75 percent, and 35 percent.
On Monday, Bitcoin climbed back above the 80,000 dollar level for the first time since January. At the same time, a key technical indicator is now suggesting that the rally could extend significantly.
Crypto analyst Ali Martinez noted that a bullish MACD crossover confirmed on Bitcoin’s weekly chart on April 13 has already led to a 15 percent increase. Based on past trends, similar signals have typically continued much further.
Understanding the MACD Indicator
The MACD measures market momentum by comparing two exponential moving averages. When the faster line moves above the slower one, traders interpret it as a shift away from bearish pressure and the start of upward momentum.
On a weekly timeframe, this signal carries more weight than on shorter charts because it smooths out short term fluctuations and reflects longer term sentiment and price direction.
Martinez shared historical examples of this setup, pointing out that a crossover in October 2023 sparked a 147 percent rally, while another in October 2024 led to a 75 percent gain. A similar signal in May 2025 resulted in a 35 percent increase.
Looking ahead, the analyst is focusing on Bitcoin’s 200 day simple moving average, currently near 83,000 dollars. He sees this level as a major structural barrier. A decisive break above it could pave the way toward 89,000 and then 94,000 dollars. While a move to 100,000 dollars is not certain, past patterns suggest it remains a possibility.
At the time of writing, Bitcoin is trading around 81,000 dollars. Data from CoinGecko shows the asset has gained about 1.4 percent in the past 24 hours and 21 percent over the last month. Trading volume has also surged by 43 percent day over day to nearly 49 billion dollars, indicating strong participation in the current move.
On Chain Data Raises Caution Among Analysts
Not all market observers are convinced the rally will continue smoothly. Trader Doctor Profit has warned that the current price zone could represent the final phase of a bull trap before another downturn.
Meanwhile, blockchain analytics firm Santiment highlighted a concerning trend. Despite Bitcoin reclaiming the 80,000 dollar level, on chain activity has dropped to its lowest point in two years.
Daily active wallets are hovering around 531,000, while new wallet creation is near 203,000 per day, both close to the lower end of their two year range. This suggests a disconnect between rising prices and actual network usage.
Santiment believes the current rally is being driven mainly by a smaller group of participants, likely large holders and institutional investors, rather than widespread retail involvement.
Historically, rallies supported by limited participation tend to be more fragile, as fewer buyers are available to absorb selling pressure if market conditions begin to shift.#crypto#cryptonews https://coinsignals.net https://t.me/coinsignalpublic
