Bitcoin (BTC) faces a fresh showdown this week as macro tensions contrast with a bullish BTC price trend reversal.
A classic BTC price metric is above to flip bullish for the first time in nearly a year — last time, price gained $25,000 in two months.
Short time frames see liquidations as “aggressive” traders pile in at $70,000.
Iran war tensions are at breaking point as US President Donald Trump’s “Bridge Day” deadline nears.
US inflation data will come thick and fast as the war begins to reflect in the numbers.
The Bitcoin bear flag stays in play, with analysis warning that new lows are “likely just a matter of time.”
MACD indicator teases key bullish cross
On longer time frames, the weekly chart has become a source of hope for Bitcoin bulls this week.
The weekly close reclaimed the 200-week exponential moving average (EMA) trend line, but more than that, a classic BTC price metric is about to produce a key bull signal.
On a weekly basis, the moving average convergence/divergence (MACD) hinted that Bitcoin’s latest downtrend is in the process of reversing.
“Holding this level is crucial for the entire Crypto industry,” X commentator Crypto Seth argued on Monday, noting that Ether (ETH) was also due an MACD cross.
BTC/USD one-week chart with MACD data, 200 EMA. Source: Cointelegraph/TradingView
Bitcoin’s last bullish weekly MACD flip occurred in May 2025, around one month after BTC/USD put in its 2025 low near $74,500. Over the following two months, price went from $94,000 to $119,000, setting new all-time highs.
Continuing on the phenomenon, X trading resource GalaxyTrading flagged key MACD comparisons across Bitcoin’s past two bear markets.
“In the 2018 bear market, it took around 245 days for the weekly MACD to turn positive,” it noted.
“In 2022, it also took 245 days to turn bullish. In 2026, we will reach 245 days by the end of April.”BTC/USD MACD data. Source: GalaxyTrading/X
Liquidations spike as Bitcoin tags $70,000
Bitcoin managed a trip beyond $70,000 after the weekly close, data from TradingView confirms, reaching new April highs.
BTC/USD one-hour chart. Source:…..
