Golden Cross Revives Bitcoin's $100K Target Amid $3.8B ETF Inflows

Bitcoin's price is trading near $79,000 after forming a golden cross, a widely watched bullish trend signal. This occurred when Bitcoin's 50-day moving average crossed above its 200-day average for the first time since November 2025.

The technical picture remains constrained by resistance, with immediate barriers at $79,730 to $79,920 and a heavier zone from $80,000 to $82,793. Support sits at $76,000 to $77,600 and then $71,781 to $75,674.

Nearly $3.8 billion in ETF inflows has strengthened the bullish case, although hawkish Federal Reserve outcomes could weaken the setup and push Bitcoin back toward support near $75,674.