- Bitcoin forms a rare MACD golden cross, repeating a bullish April signal.
- Traders eye $160K in September as Fed rate cuts and macro shifts boost sentiment.
- CPI data and ETFs could provide further fuel for BTC’s short-term rally.
Bitcoin (BTC) is back in the spotlight after printing a rare MACD golden cross on the daily chart. This signal, which last appeared in April, preceded a 40% rally and a new all-time high. At the time of writing, Bitcoin trades at $113,788, with bulls speculating the same pattern could propel prices toward $160,000 in September.
Bitcoin just had a MACD golden cross on the daily timeframe.
But this one is a bit different.
For the first time since April bottom, BTC had a MACD bullish cross below 0 line.
Last time it happened, BTC rallied 40% in a month and hit a new ATH. pic.twitter.com/DHSXPu9JJZ
— BitBull (@AkaBull_) September 10, 2025
According to the tweet, the last time this happened, BTC rallied 40% in a month and broke into price discovery. With that history in mind, the $160K target aligns with popular forecasts for Bitcoin’s 2025 cycle peak.
Macro Indicators Fuel the Rally
While technical indicators are flashing bullish, Bitcoin is also benefiting from macroeconomic shifts. U.S inflation data has risen steadily in August and this is likely to lift risk assets, including gold and cryptos. Having this back in mind, traders are now betting on the likelihood of the Federal Reserve cutting interest rates as early as this month, a move that has historically boosted capital inflows into digital assets.
Breaking News: U.S. inflation accelerated in August at a speed that is likely to keep the Federal Reserve cautious about cutting interest rates too quickly. https://t.co/DDbVhSS9uX
— The New York Times (@nytimes) September 11, 2025
The August Consumer Price Index (CPI) report, released today, Sep 11th, confirms this momentum. It came in exactly as expected. Annual inflation rose 2.9%, while Core CPI, which excludes food and energy, climbed 3.1% year-over-year, both matching forecasts. The in-line data keeps pressure on the Federal Reserve to move ahead with rate cuts later this month, a scenario that could add further momentum to Bitcoin’s climb.
Short-Term vs. Long-Term Outlook
Despite Bitcoin’s strong setup, September historically has been a weak month for the asset, amongst stocks too. Data shows it underperforms on average compared to other months.
September isn’t just tough for stocks.
It’s been one of $BTC’s weakest months since 2015:
🔴 40% win rate, -2.5% avg return pic.twitter.com/sdWKzJg1aV— TrendSpider (@TrendSpider) August 24, 2025
Yet, this year could prove to be an exception as both technical and macro conditions align.
Some analysts argue that the MACD golden cross has even greater weight this time because of its position below the zero line. Negative MACD values typically signal local downtrends, so the cross implies a trend reversal with room for momentum expansion.
If Bitcoin repeats its April performance, a 40% rally would place the asset near $160,000, aligning with many 2025 cycle top predictions. However, traders caution that volatility will remain high, particularly around macroeconomic data releases.
For now, the golden cross has injected fresh optimism into the market. Combined with a favorable macro backdrop, Bitcoin may be entering a multi-month uptrend that defies seasonal patterns and sets the tone for the next phase of the bull cycle.
