Ali Charts|May 05, 2026 04:01
Is Bitcoin heading to $100,000?
BTC continues to show structural strength. Following a bullish MACD crossover on the weekly chart on April 13, we have already seen a steady 15% price increase.
Historically, this specific weekly crossover has been a premier signal for defining multi-month trends. Looking at past performance:
• October 23, 2023: Led to a 147% rally.
• October 14, 2024: Resulted in a 75% rally.
• May 5, 2025: Led to a 35% rally.
On the daily chart, Bitcoin is approaching the 200SMA at $83,000, which is the most significant psychological and structural barrier.
A clean daily close above this hurdle could clear the path for a macro expansion toward $89,000, with a secondary target at $94,000.(Ali Charts)
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