Bitcoin's Golden Cross Just Fired. Is The Bull Run Starting?
Bitcoin's Golden Cross Just Fired. Is The Bull Run Starting?
12 hours agoVirtualBacon@virtualbacon
YouTube15 min 5 sec
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Note: AI-generated summary based on third-party content. Not financial advice. Read more.
Quick Insights

Bitcoin (BTC) is expected to consolidate between $65,000 and $80,000 over the next one to two months, signaling that investors should avoid using aggressive leverage.

Investors looking to accumulate should deploy remaining cash reserves into BTC if the price pulls back to retest major support near $65,000.

Wait for a confirmed weekly close above $80,000 on BTC before shifting into a high-risk portfolio posture, as this level validates the official start of the macro bull run.

Exercise patience and avoid chasing speculative altcoins for now, as these high-beta assets face steep downside risk during short-term market pullbacks.

Prepare to aggressively scale into altcoins only after BTC decisively breaks above $80,000 or reaches deep discount levels during a drop to $65,000.

Detailed Analysis

Bitcoin (BTC)

  • A daily Golden Cross (the 50-day SMA crossing above the 200-day SMA) has recently occurred, signaling that the broader bear market structure is ending, though it is not immediate confirmation that the parabolic bull run has begun.
  • Historical data shows that buying on a daily golden cross and holding until the subsequent Death Cross offers a strong long-term strategy, but short-term price chop or pullbacks to retest moving averages are very common immediately following the signal.
  • The definitive technical level to confirm the start of the bull market is a weekly close above the 50-week SMA, currently sitting at approximately $79,600 (rounded to $80,000).
  • The base-case scenario for the next one to two months is sideways consolidation within a price range of $65,000 to $80,000.
    • A breakdown below $57,000$58,000 or down to $53,000 is considered unlikely given the strength of the recent rally and support at the 200-week SMA.
  • The macro cycle is still in its earliest stage (estimated within the first 5% of a typical 500-day bull market), meaning investors have ample time and do not need to take unnecessary risks out of fear of missing out (FOMO).

Takeaways

  • Avoid premature leverage: Hold off on aggressive long positions while the price is range-bound below $80,000.
  • Accumulation trigger: Consider deploying reserve cash (moving from 85% BTC / 15% cash to 100% all-in) if price retests major support around $65,000.
  • Bull run confirmation trigger: Wait for a confirmed weekly close above $80,000 (the 50-week SMA) before shifting into an aggressive, risk-on portfolio posture.

Altcoins & High-Beta Crypto Assets

  • Chasing altcoins while Bitcoin remains under critical resistance creates an unfavorable risk-to-reward ratio.
  • If BTC encounters minor weakness in this consolidation phase (such as dropping from $78,000 to $73,000), high-beta altcoins are vulnerable to amplified panic selling and steep drawdowns.
  • Altcoin market outperformance and "gem hunting" are most effective after Bitcoin has officially validated the macro bull market.

Takeaways

  • Exercise patience: Avoid chasing speculative altcoin rallies until the broader crypto market trend is confirmed.
  • Entry criteria: Prepare to scale aggressively into beaten-down altcoins only after BTC achieves a weekly close above $80,000, or opportunistically if deep discounts occur during a BTC drop to $65,000.
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Video Description
Bitcoin's golden cross fired this morning. The 50-day moving average crossed above the 200-day, which is the most widely tracked version of that signal, and every headline called it bullish. It fired on the same morning Bitcoin lost the one weekly line that actually decides whether this is a bull market or a bear market rally. So this video answers three things: where the golden cross fired, whether it matters, and how it matters. Short version: the golden cross is a signal you want to see, but it is not the start of the bull run, and the data across the last three cycles is nothing like the headlines suggest. The confirmation I am actually waiting for is a weekly close above the 50-week simple moving average at roughly 79,600. I also show you exactly where I am positioned, 85 percent Bitcoin and 15 percent cash, what makes me go all in, and why being 4 percent early costs you far more than it saves. Taken from the VirtualBacon livestream, 2026-09-08. I go live every weekday at 10 AM Eastern covering crypto, stocks, AI and macro. Subscribe and turn notifications on so you catch the confirmation when it happens. ---------------------------------------------------- All Exchanges and Links ✅ Toobit Exchange: https://bacon.link/toobit ($50 Free Bonus, No Verification Required) ✅ PropW: https://bacon.link/propw (Trade a $50K Funded Account) ✅ Bitunix Exchange: https://bacon.link/bitunix ($5,500 Bonus, no KYC) ✅ ByBit Exchange: https://bacon.link/bybit ($30,000 Bonus, KYC Needed) 💎 Join The Coiners, our Trading Dashboard and Community: https://thecoiners.io 📢 Follow my X for Quick Alpha: https://x.com/virtualbacon 📢 Courses, Exchange Guides, and All Links: https://virtualbacon.com/ ----------------------------------------------------- My Other Videos 8 Years of Crypto Trading Advice in 40 Minutes 👉 https://youtu.be/p9iEJgFReB8 Crypto Investing for Beginners, Full Course 👉 https://youtu.be/niT7g4ghm3o ----------------------------------------------------- Chapters 0:00 Bitcoin's golden cross just fired 0:57 What happened the last two times 4:46 Why one signal on its own is a trap 6:30 The real confirmation: the 50-week line at 79,600 10:40 My position, and what makes me buy ----------------------------------------------------- 📜 Disclaimer 📜 The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial, legal, or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses a considerable risk of loss. The speaker does not guarantee any particular outcome. #Bitcoin #BTC #Crypto #BitcoinAnalysis #BitcoinPrice #GoldenCross #BitcoinETF #Fed #FOMC #CPI #Inflation #ECB #Gold #Nasdaq #VirtualBacon
About VirtualBacon
VirtualBacon

VirtualBacon

By @virtualbacon

I'm Dennis, a Crypto angel investor with 100+ startups in our portfolio. On this channel I share my views on market trends and investing strategy for Crypto.