Bitcoin's "Golden Cross" signal indicates an explosive rally

Meanwhile, another analyst said BTC trading could resume soon if it breaks above $60,000.

Bitcoin’s reversal from its price squeeze below $70,000 didn’t last long, despite a price rally to $74,000 on Wednesday, and the asset is struggling below $68,000 as of press time.

Although it essentially returned to its familiar trading range last month, one analyst believes the best is yet to come, at least according to the BTC Inter-exchange Flow Pulse metric.

30 to 40 days for the next Rally?

CW on X noted that the metric, which tracks the flow of BTC between spot exchanges and derivatives, has only formed a golden cross that has acted as a catalyst for “explosive upward movement” in the past. However, the rally was not a moment after the establishment of such a golden cross in previous years.

The analyst said it took about 30 days for BTC to go on a wild run after the 2019 bear market ended. In 2023, the required period increased by 10 days. Thus, CW believes that next month could be as confusing for Bitcoin as the previous month, but added that “the trend has reversed and an explosive rally to the top is not far away.”

In $BTC Inter-exchange Flow Pulse (IFP) formed a golden cross. The golden cross of this indicator indicates the beginning of an explosive upward movement.

But the rally did not start immediately after the golden cross.

In 2019, the explosive move up 30 days started… https://t.co/QZDHPO9oZs pic.twitter.com/6oVS7mlG01

– The CW (@CW8900) March 7, 2026

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Merlijn The Trader also weighed in on BTC’s current cycle and BTC’s recent moves, showing that cryptocurrency patterns are very clear and easy to follow. After each “striking top”, which was the highest in early October above $126,000, liquidity decreases, momentum decreases and price returns to the macro trend.

As for the current period, this level is around $60,000. He added that until BTC loses this desired support for good, “the cycle structure will survive”.