Key Takeaways:
A historically bullish signal for Bitcoin (BTC) has emerged as a “Golden Cross” pattern formed on the cryptocurrency’s Inter-exchange Flow Pulse (IFP) indicator around April 8, 2026, suggesting a major price rally could be forthcoming.
"The timeline of this Golden Cross aligns almost perfectly with past bull rallies," a crypto analyst noted, highlighting the potential for a significant upward move in the coming weeks.
The IFP indicator tracks the momentum of Bitcoin moving between different cryptocurrency exchanges, with a Golden Cross occurring when a shorter-term moving average crosses above a longer-term moving average. This event is often interpreted by traders as a signal of a definitive shift from a bearish or sideways market to a bullish one. The last time this formation appeared, it preceded a substantial increase in Bitcoin's price.
The appearance of the Golden Cross suggests that buying pressure and market momentum are building, potentially setting the stage for a rally in the next two to three weeks. Traders will be closely watching for confirmation of this trend as the indicator enters what the analyst described as a "flow state." The price of Bitcoin was trading around $68,500 at 14:00 UTC, with market participants also monitoring broader macroeconomic factors such as US Treasury yields and the Dollar Index (DXY) for their potential impact on the crypto market.
This article is for informational purposes only and does not constitute investment advice.
