Bitcoin may see its first trend reversal signal since 2025: MACD is approaching a golden cross, but macro uncertainty still dominates the trend

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ME News message, April 6 (UTC+8): This week, the technical and macroeconomic tug-of-war for Bitcoin intensified. On the weekly level, the MACD indicator is approaching the formation of a key bullish golden cross. Combined with the price reclaiming the 200-week EMA, this 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. As for price action, after the weekly close, Bitcoin briefly broke through the $70,000 threshold, hit an 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 exchange open interest and active buy orders rising in tandem, suggesting that newly added risk exposure is driving short-term momentum. On the macro front, the situation between the US and Iran remains the core variable. The key deadline set by Trump is approaching, and the market is also closely watching the progress of a potential 45-day ceasefire agreement; risk assets are highly sensitive to related news. Some traders still believe Bitcoin could 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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