Will Bitcoin Defy the Crash? Golden Cross Signals Surprise $130K Rally After Trump vs Musk Market Shock
Bitcoin just tumbled after Trump and Musk’s feud shook the markets—yet top analysts predict a powerful rally that could smash records.
Quick Facts
- Bitcoin plunged 5% in hours after Trump vs Musk feud.
- Golden Cross detected—historic signal for explosive rallies.
- Analysts set first major target at $130,000 (25% upside).
- Fear & Greed Index shows “Fear,” but predictions remain bullish.
Bitcoin’s wild ride set a new high in late May—but a heated spat between US President Donald Trump and Elon Musk sent shockwaves through the financial realm. The cryptocurrency market, famed for its volatility, didn’t disappoint: Bitcoin plummeted 5% in a single day, crashing from $106,000 to just under $101,000.
Yet behind the fear and headlines, experts spot the makings of another bull run—potentially one of Bitcoin’s most dramatic in years.
Q: Why Did Bitcoin Crash After the Trump-Musk Feud?
When two titans—Trump and Musk—clash on the global stage, markets take notice. The ripple effect spread swiftly to stocks and crypto, dragging Bitcoin down as nervous investors scrambled for the exits.
But while many panicked, seasoned traders saw opportunity in the chaos.
How Does the Golden Cross Point to a Bull Market?
Analysts at CoinMarketCap and social media influencers, including the widely-followed “CrypFlow,” point to a key signal: the “golden cross.” This occurs when the 50-day simple moving average shoots above the 200-day moving average—a classic sign that market momentum has flipped bullish.
The last golden cross in November 2024 paved the way for a major rally. Now, with a recent breakout above a stubborn downward trendline from December, history may be about to repeat itself.
Q: Can Technicals Overpower Short-Term Turmoil?
If Bitcoin repeats its 2024 performance, analysts foresee gains of up to 62% in the coming months. CrypFlow’s conservative short-term target is $130,000—a significant jump from current levels. Site Coindesk supports this outlook, citing technical reversals and massive momentum building beneath the surface.
Even famed prediction platform Coincodex pegs Bitcoin at $134,074 in five days and over $155,000 within three months, despite current market “fear.”
How to Prepare for the Next Bitcoin Surge?
1. Watch Key Resistance Levels: Track the golden cross and breakouts from downward trendlines—you can monitor these via TradingView.
2. Follow Fear & Greed Index: Historically, “Fear” phases often precede big bullish moves.
3. Don’t Ignore Market Volume: A drop in trading volume often signals a reversal is coming.
Your Top Bitcoin Checklist: Ready for the Next Rally?
- ✅ Monitor Bitcoin’s moving averages daily
- ✅ Follow updates from major analysts and platforms
- ✅ Prepare for volatility—set stop-losses and targets
- ✅ Stay updated with market news from sites like CoinTelegraph
Don’t miss the breakout. Keep your eyes on the charts and prepare for what could be Bitcoin’s strongest rally yet in 2025!