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<a href="https://u.today/bitcoin-whales-back-as-wallets-hit-3-month-high-will-price-follow" rel="noopener noreferrer nofollow">Bitcoin</a>, the first and largest cryptocurrency by market capitalization, could be on the cusp of its next major move, and all eyes are on a key technical signal that might mark the start of its next leg higher.
According to crypto analyst Ali, Bitcoin’s Market Value to Realized Value (MVRV) Ratio is nearing a golden cross with its 30-day simple moving average (SMA).
Ali wrote in a <a href="https://x.com/ali_charts/status/1939078604622844214" rel="noopener noreferrer nofollow">tweet</a>, "Watching for a golden cross between the MVRV Ratio and its 30-day SMA, which could mark the beginning of Bitcoin (BTC) next leg up."
<blockquote class="twitter-tweet">
 Watching for a golden cross between the MVRV Ratio and its 30-day SMA, which could mark the beginning of <a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Bitcoin</a> <a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$BTC</a> next leg up. <a href="https://t.co/TPbRQa6ko2" rel="noopener noreferrer nofollow">pic.twitter.com/TPbRQa6ko2</a>— Ali (@ali_charts) <a href="https://twitter.com/ali_charts/status/1939078604622844214?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">June 28, 2025</a>
</blockquote>
A golden cross happens when a short-term moving average crosses above a long-term one and often signals potential bullish momentum.
The MVRV ratio measures whether Bitcoin is overvalued or undervalued based on the average price at which coins were acquired. A golden cross in this context may indicate that BTC holders are entering profitable territory, which might be a setup for further upside if buying pressure increases.
However, like with the crypto markets, no indicator is fail-safe. Traders and investors should keep an eye out in the next few days to see if the golden cross confirms and Bitcoin ultimately breaks out of its current range.
<h2 id="bitcoin-currently-in-consolidation">Bitcoin currently in consolidation</h2>
<a href="https://u.today/bitcoin-whales-back-as-wallets-hit-3-month-high-will-price-follow" rel="noopener noreferrer nofollow">Bitcoin</a> continues in the $100,000-$110,000 range as profit-taking slows and activity measures decline. At the time of writing, Bitcoin was up 0.8% in the last 24 hours to $108,179.
Despite Bitcoin price rebounding to the $100,000-$110,000 level, symptoms of declining profitability and slow on-chain activity are becoming more visible. These tendencies are typical of choppy consolidation periods when volatility diminishes and investor interest declines.
Until profitability and activity metrics improve, the possibility of a breakout to new all-time highs remains low. For the time being, the market looks to be digesting previous gains while waiting for new momentum and demand to emerge. <a href="https://u.today/is-bitcoin-ready-to-surge-key-btc-indicator-nears-golden-cross" rel="noopener noreferrer nofollow">Read original article on U.Today</a>

Is Bitcoin Ready to Surge? Key BTC Indicator Nears Golden Cross

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