Bitcoin Golden Cross Pattern Says The Crash To $100,000 Is Normal – What To Expect Next

Scott Matherson

1 month ago

3 mins read

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Bitcoin (BTC) is showing signs of repeating a historic Golden Cross pattern that led to a long-term parabolic run. While the cryptocurrency’s recent pullback near the $100,000 region may have alarmed the crypto market, analysts suggest that this move is part of a broader trend that could push BTC to its next price high.

Golden Cross Formation Pits Bitcoin At $150,000

Bitcoin has once again flashed a classic bullish signal, the Golden Cross, prompting renewed optimism for a major price rally in the coming months. According to a technical analysis by ‘Chain Mind,’ a crypto analyst on X (formerly Twitter), Bitcoin may be on the verge of an explosive surge to $150,000 if this historical pattern plays out as expected.

The last time BTC formed this pattern was in November 2024. Immediately after the cross’s completion, Bitcoin’s price experienced a 10% correction, followed by a sharp 62% rally over the next several weeks. This behavior established a clear trend of a short-term shake-out preceding a strong bullish continuation.

Now, in early June 2025, Bitcoin has printed another Golden Cross on its chart, and so far, price action appears to be closely mirroring the one from the previous year. Notably, Bitcoin has dropped 8%, suggesting a smaller but comparable corrective phase to the one observed in 2024. Technical projections from Chain Minds now show a possible 51% rally on the horizon from the post-correction bottom. This would potentially place Bitcoin in the $150,000 range by the end of 2025.

Notably, Chain Mind’s analysis identifies Bitcoin’s recent crash toward the $100,000 region as a potential local bottom, with the Golden Cross acting as the catalyst for the next leg of the bull run. If the current historical pattern holds, Bitcoin may be entering a sustained period of upward movement to new all-time highs. With the cryptocurrency already recovering from the brief downturn and now trading at $105,050, a 51% increase would potentially place its price at approximately $158,625 once the historical Golden Cross pattern is fully completed.

Bitcoin Uptrend At Risk If $100,000 Level Is Lost

Despite the broader bullish sentiment surrounding Bitcoin, its price is currently navigating a critical trading range between $100,000 and $112,049, which analysts suggest is crucial for maintaining its current optimistic outlook. Crypto Fella, the market expert responsible for this analysis, has shown via a chart that BTC is consolidating within a rectangular band, reflecting a pause in momentum after a sharp upward move earlier in the quarter.

The crypto analyst has boldly asserted that as long as Bitcoin continues to trade within the range above, there should be little cause for concern for another major crash. However, if the $100,000 mark fails to hold, the next likely target for downside movement is between $97,000 and $95,000, representing a 9.56% and 7.66% decline from current levels, respectively.

Featured image from Getty Images, chart from Tradingview.com

Scott Matherson

Scott Matherson is a prominent crypto writer at NewsBTC with a knack for capturing the pulse of the market, covering pivotal shifts, technological advancements, and regulatory changes with precision. Having witnessed the evolving landscape of the crypto world firsthand, Scott is able to dissect complex crypto topics and present them in an accessible and engaging manner. Scott's dedication to clarity and accuracy has made him an indispensable asset, helping to demystify the complex world of cryptocurrency for countless readers.

Scott’s experience spans a number of industries outside of crypto including banking and investment. He has brought his vast experience from these industries into crypto, which allows him to understand even the most complex topics and break them down in a way that is easy for readers from all works of life to understand. Scott’s pieces have helped to break down cryptocurrency processes and how they work, as well as the underlying groundbreaking technology that makes them so important to everyday life.

With years of experience in the crypto market, Scott began to focus on his true passion: writing. During this time, Scott has been able to author countless influential pieces that have drawn in millions of readers and have shaped public opinion across various important topics. His repertoire spans hundreds of articles on various sectors in the crypto industry, including decentralized finance (DeFi), decentralized exchanges (DEXes), Staking, Liquid Staking, emerging technologies, and non-fungible tokens (NFTs), among others.

Scott’s influence is not just limited to the countless discussions that his publications have sparked but also as a consultant for major projects in the space. He has consulted on issues ranging from crypto regulations to new technology deployment. Scott’s expertise also spans community building and contributes to a number of causes to further the development of the crypto industry.

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Scott is known for his work in community education to help people understand crypto technology and how its existence impacts their lives. He is a well-respected figure in his community, known for his work in helping to enlighten and inspire the next generation as they channel their energies into pressing issues. His work is a testament to his dedication and commitment to education and innovation, as well as the promotion of ethical practices in the rapidly developing world of cryptocurrencies.

Scott stands steady in the frontlines of the crypto revolution and is committed to helping to shape a future that promotes the development of technology in an ethical manner that translates to the benefit of all in the society.

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