Bitcoin momentum gauge flashes green as bulls eye critical price levels

Bitcoin’s recovery just gained a serious technical tailwind. A specialized long-term version of the Moving Average Convergence Divergence (MACD) indicator flipped bullish this week, suggesting the recent price bounce has legs. This specific gauge uses a smoother calculation to filter out the noise of daily volatility, and historically, these crossovers mark the start of sustained rallies rather than brief relief pumps. Traders aren't in the clear yet, though. Market analysts are laser-focused on the $65,000 resistance zone as the next major test for the trend. If BTC can’t hold its ground above the 200-day moving average near $63,800, this momentum signal risks becoming a head-fake for over-leveraged longs. Spot demand needs to stay heavy to confirm that this isn't just a technical glitch in a broader range-bound market. Will the macro environment provide enough fuel to turn this indicator's promise into a fresh all-time high?