Bitcoin has formed its fifth Golden Cross since 2020, a technical indicator often linked to significant price increases. Analyst Merlijn The Trader suggests this could lead to a 45%–50% rally, potentially driving Bitcoin's price to around $130,000. Historically, such patterns have preceded gains ranging from 33% to 87%. Currently, Bitcoin is trading near $86,600, with resistance expected between $90,000 and $95,000, as derivatives traders continue to drive recent buying activity.