Bitcoin's Golden Cross Signals 30-40% Altcoin Dip, $230,000 Peak Predicted

's latest price was $, in the last 24 hours. The cryptocurrency has recently triggered a rare and historic Golden Cross, a technical formation that has historically preceded significant bull runs. This pattern has been observed in previous bull markets, such as in 2016, 2017, and 2020, where it marked the beginning of substantial price surges. However, this time, analysts predict a short-term pullback before the real rally begins. This pullback is seen as a strategic buying opportunity, often referred to as a “flash sale” on . During such corrections, alternative cryptocurrencies tend to suffer more severe declines, with analysts expecting altcoins to shed 30-40% of their value in the coming dip.

has climbed above $110,000, signaling a potential shift into the most aggressive phase of the current bull cycle. This move places the market in a key historical price zone that previously marked the beginning of BTC’s parabolic rallies in 2013, 2017, and 2021. Forecasts are now pointing to a potential move toward $130,000 by July, followed by a climb to $160,000 by the fourth quarter of 2025. The analyst has even projected a potential price peak of $230,000. This macro analysis chart compares Bitcoin’s past market cycles, suggesting that the current structure is closely mirroring those of previous bull runs. With the flagship cryptocurrency now reclaiming a strong position above $110,000, the analyst predicts that will soon enter a price discovery mode where parabolic rallies happen.

is showing remarkable strength as it flirts with new highs this week, trading just below $112,000. While global markets react to rising U.S. Treasury yields and persistent inflation, appears to be thriving in the chaos, solidifying its role as both a risk asset and a macro hedge. As traditional markets face pressure, continues to lead with resilience, even as geopolitical and policy-related uncertainty clouds investor sentiment. Top analyst Darkfost shared fresh insights on Bitcoin’s on-chain condition, focusing on the utility of UTXOs (Unspent Transaction Outputs). UTXOs are the technical mechanism that ensures a single BTC can only be spent once on the blockchain. But beyond that, they serve as a powerful tool for assessing unrealized profits across all held BTC. One key metric derived from UTXOs is the percentage of BTC supply in profit. Currently, is approaching the critical 99% threshold, meaning nearly all coins are in unrealized gain territory. Historically, this level is associated with periods of market euphoria and sustained uptrends, but it also comes with a warning: elevated unrealized profits often precede spikes in profit-taking. While BTC’s structure remains bullish, macro uncertainty—especially around the Trump administration’s policy direction—keeps risk-on conviction muted. As Darkfost notes, “We’re not fully euphoric yet, but we’re entering a zone where late buyers should be cautious.”

ETFs have garnered over $2.5 billion in investments this week, coinciding with the cryptocurrency’s ascent to a new all-time high of $111,000 after a challenging close of the year’s first quarter. This surge in inflows signals renewed investor confidence in as it rebounds from recent lows of $74,000 reached earlier in April. The recent spike in investments was largely driven by the IBIT exchange-traded fund, issued by the world’s largest asset manager BlackRock. On Thursday alone, IBIT recorded an astonishing $877 million in inflows, marking the largest single-day inflow for any ETF in history. The cryptocurrency’s rise can also be partially attributed to geopolitical developments. Last week, President Trump announced a rollback of tariffs on Chinese imports, reducing them from 145% to 30%. This significant de-escalation in the ongoing trade war between the US and China contributed to a surge in Bitcoin’s price. However, the currency saw a slight decline to around $108,640 on Friday after Trump threatened to impose additional tariffs on the European Union, illustrating the volatility that often accompanies trading. The financial markets faced turbulence earlier in April when Trump announced a series of tariffs on nearly all foreign imports, in addition to a baseline 10% tariff. This led to a sell-off of riskier assets like and equities, as investors grew concerned about inflation and disruptions to global supply chains. In a bid to stabilize the situation, Trump subsequently authorized a 90-day pause on most tariffs, while maintaining some on China.