Bitcoin Chart Flashes Golden Cross. Is the Bear Market Finally Over?

After its strongest August since 2017, Bitcoin (BTC) has faced renewed volatility in September as hawkish Fed signals and strong jobs data pressure risk assets.

Yet, the daily chart has flashed a key bullish signal: a golden cross that bulls have awaited for almost a year. The setup has sparked optimism among analysts that the bear market may finally be over. 

But is the signal strong enough to confirm a lasting trend reversal?

Analysts at BloFin note this is the first such crossover since the death cross of November 2025. In Bitcoin’s history, the same setup has usually preceded significant rallies. However, the analysts argued that critical confirmation is still missing.

Bitcoin’s Golden Cross Comes With a Weekly Asterisk

A golden cross forms when a shorter-term moving average moves above a longer-term one. Traders read it as a sign that a trend is turning up.

Bitcoin last recorded a golden cross in May 2025, and the asset went on to set a new all-time high in October. It gained more than 16% during that period. 

BloFin’s confirmation framework sits on the weekly chart rather than the daily one. The desk uses the 200-week moving average (200W MA) to identify where long-term bottoms form, and treats the 50-week moving average (50W MA) as the stronger test of a new trend.