Bitcoin may be set to see its first trend reversal signal since 2025: the MACD is nearing a golden cross, but macro uncertainty still drives the trend

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ME News message, April 6 (UTC+8): This week, Bitcoin’s technical and macro factors have intensified their face-off. On the weekly timeframe, the MACD indicator is nearing a critical bullish golden cross; combined with the price reclaiming above the 200-week EMA, it is releasing what could be the first potential trend reversal signal since 2025. Uncertainty around geopolitics and inflation data continues to weigh on the market.

In terms of price action, after the weekly close, Bitcoin briefly broke through the $70,000 level, reaching a new April high, and triggered more than $250 million in short liquidations—indicating a rebound in speculative sentiment in the derivatives market. On-chain data shows that exchange open interest and active buying are rising in tandem, suggesting that new risk exposure is driving short-term momentum.

On the macro level, the situation involving the US and Iran remains a key variable. Trump’s set deadline is approaching, and the market is also watching the progress of a potential 45-day ceasefire agreement. Risk assets are highly sensitive to related news. Some traders still believe Bitcoin may retest the $60,000 range or even lower, but if macro risks ease, the price could further challenge the $80,000 level. (Source: PANews)

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