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Bitcoin Weekly MACD Nearing Golden Cross, But Macro Uncertainty Still Drives Price

Bitcoin Weekly MACD Nearing Golden Cross, But Macro Uncertainty Still Drives Price

BlockBeats News, April 6th. Cointelegraph published a market analysis article stating that this week Bitcoin saw an intensification of the technical and macro game. The weekly MACD indicator is close to forming a key bullish golden cross, combined with the price reclaiming the 200-week EMA, releasing a potential first trend reversal signal since 2025. Geopolitical tensions and inflation uncertainty continue to weigh on the market.

On-chain data shows that exchange open interest and buying pressure are rising in sync, indicating that increased risk exposure is driving short-term momentum. At the macro level, the U.S.-Iran situation remains a core variable, with Trump’s set deadline approaching. The market is also watching the potential 45-day ceasefire agreement progress, as risk assets are highly sensitive to related news. Some traders still believe Bitcoin may retest the $60,000 level or even lower, but if macro risks ease, the price is expected to further challenge the $80,000 level.

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