Bitcoin ‘golden cross’ appears for the first time since 2023: Will BTC price rally?

Written by Nancy Lubale, Staff Writer. Reviewed by Allen Scott, Staff Editor. Written by Nancy Lubale, Staff Writer. Reviewed by Allen Scott, Staff Editor. Bitcoin ‘golden cross’ appears for the first time since 2023: Will BTC price rally?MarketsPublishedMay 11, 2026Bitcoin’s MVRV suggests a shift to bullish momentum as BTC's market structure strengthens, which may be an early sign of a new bull market.Bitcoin (BTC) could be set for an extended uptrend, with a pending bullish signal from a key valuation metric suggesting that BTC prices might go “much higher,” according to crypto analysts.Key takeaways:Bitcoin's MVRV golden cross signals a shift to bullishness, historically preceding prolonged price rallies.Bitcoin traders argue $60,000 was the bear market bottom, see “huge” BTC price breakout next.Bitcoin MVRV momentum sends a “trend reversal signal”Bitcoin’s Market Value to Realized Value (MVRV) ratio, an indicator that measures whether the asset is overvalued, is about to print a “golden cross,” an occurrence that has previously preceded massive price rallies, according to CryptoQuant analyst CW8900.Related: Saylor signals another Bitcoin buy after hinting at selling in Q1 earnings call“A golden cross between the $BTC MVRV Ratio and the 200D EMA line is imminent,” the analyst said in an X post on Sunday, adding: “This signal is a representative trend reversal signal and is a bullish indicator.”Bitcoin MVRV momentum indicator. Source: CryptoQuantThe last time the indicator produced this bullish crossover was just after the 2022 cycle bottom, preceding a 90% BTC price rally to $31,000 from $16,300 in Q1 2023. Another cross in September 2023 was followed by a 400% bull run to the current all-time high of $126,000 reached in October 2025.In an earlier analysis, CW8900 highlighted a golden cross when the 30-day simple moving average (SMA) of Bitcoin’s MVRV ratio crossed above its 90-day SMA in late April, saying:“$BTC has completely turned to a bullish trend.”S…

Bitcoin ‘golden cross’ appears for the first time since 2023: Will BTC price rally?

Coins in this story

Related stories

Keel Infrastructure Posts $145 Million Loss as Firm Completes Pivot From Bitcoin Miner to AI

Kraken parent Payward seeks fresh funding at $20 billion valuation ahead of planned IPO

Galaxy, Sharplink plan $125M institutional DeFi yield fund backed by ETH treasury