Bitcoin News Today: Kaspa Price Surge Awaits Golden Cross and BTC Breakout

Kaspa (KAS) has been exhibiting signs of a potential price surge, but it has yet to materialize as many had anticipated. The token is currently trading significantly below its all-time high. An analyst from the Crypto MindSet YouTube channel provided a detailed analysis, exploring the technical levels and market cycles that could drive Kaspa higher.

The analyst highlighted two critical barriers that Kaspa must overcome. The first is a long-term downtrend, which KAS is currently trapped under. Unless KAS breaks and holds above this key resistance line, an immediate price rally is unlikely. The second barrier is the 200 Exponential Moving Average (EMA), which the price is currently attempting to surpass. However, this alone is insufficient. Traders are looking for the 50-day moving average to cross above the 200-day moving average, a technical setup known as a golden cross, which often marks the beginning of major bull runs in the crypto market.

The analyst emphasized that for any significant price movement in Kaspa, two conditions must be met. First, KAS needs to close above its current downtrend and hold, marking a technical breakout that could reset the trend. Second, a golden cross must appear, where the 50-day moving average climbs above the 200-day moving average. Even if these conditions are met, the analyst warned that the price will likely face heavy resistance from earlier buyers looking to sell, resulting in a non-linear upward movement. The price might pump and retrace before fully breaking out after several attempts. The analyst noted that Kaspa will not experience a significant price surge until this setup is confirmed with volume.

Beyond technical levels, the analyst identified the true trigger for a Kaspa price explosion. He pointed to the KAS to Bitcoin chart, stressing that unless this ratio breaks out above key levels, namely the 200 and 50 EMAs and a past swing high from April or May, KAS will not outperform Bitcoin. This is a critical point because for KAS to truly explode in price, it must not only rise but also outperform BTC. Otherwise, investors have little reason to rotate capital into it. A bullish KAS to BTC breakout is the clearest trigger event that could flip sentiment and launch Kaspa into its next rally.

The analyst also noted that Kaspa is a mid-cap coin trying to move during a large-cap season. Currently, liquidity in the crypto market favors coins like Ethereum and XRP, which have already made strong gains. The rotation of capital, first to Bitcoin, then Ethereum, then larger altcoins, follows a seasonal pattern. Kaspa may get its moment, but not while the current narrative is all about pumping the big names. The analyst bluntly stated that whale money is not flowing into Kaspa right now.

Despite his criticism of KAS holders who are too emotionally attached, the analyst made it clear that he still believes in Kaspa as a project. He described it as solid, well-developed, and one of the best projects out there. However, he also warned that a great project does not always equal a great trade at any moment. Kaspa’s fundamentals may be strong, but until the market narrative rotates back to mid-caps, price action will remain limited. He speculated that delays in smart contract updates or insider selling might be holding the coin back. Still, he expects that eventually Kaspa will break out and deliver strong returns, but only once the setup is right.

The analyst’s strategy is to wait and rotate. For now, he is not recommending large exposure to Kaspa. His strategy is to accumulate fiat or profits from large caps like Ethereum or XRP, then rotate into Kaspa once the breakout occurs. This strategy is all about patience. He encouraged traders to watch for the breakout, monitor the KAS to BTC chart, and only commit serious capital once all signs are aligned. Until then, it is better to rotate capital into more profitable setups.

Kaspa price is not exploding yet, but that does not mean it will not. According to the Crypto MindSet channel, the conditions for a KAS rally are clear, but they have not been met. Investors need to wait for a trendline break, a golden cross, and a bullish KAS to BTC setup. Only then will Kaspa be ready to move with the market rather than lag behind it. For now, traders are better off staying nimble, focusing on large-cap altcoins, and preparing for the moment Kaspa finally breaks out. As the analyst put it, there is order in the chaos, and when KAS finally gets its moment, it could be explosive.