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

2026.04.06 18:23:07

April 6: Cointelegraph published a market analysis noting Bitcoin’s technical and macro dynamics intensified this week. The weekly MACD indicator is on the verge of a key bullish golden cross, while the price has reclaimed the 200-week EMA—marking a potential first trend reversal signal since 2025. Geopolitical tensions and inflation uncertainty continue to weigh on markets. On-chain data shows exchange open interest and buying pressure are rising in tandem, indicating increased risk exposure is fueling short-term momentum. Macro-wise, the U.S.-Iran situation remains a core variable as Trump’s set deadline approaches. Markets are also tracking progress on a potential 45-day ceasefire, with risk assets highly sensitive to related news. Some traders still expect Bitcoin to retest the $60,000 level or even lower, but a pullback in macro risks could push prices to further challenge $80,000.
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