Bitcoin confirms a concurrent bullish crossover with its strategy, signaling a stronger uptrend: technical analysis.

Bitcoin (BTC) and MicroStrategy (MSTR), the largest public Bitcoin holder, have both triggered bullish crossovers on their daily charts, pointing to a potential strong upward trend in the near term.

This dual confirmation is akin to two prominent newspapers endorsing the same candidate, signaling broad support and confidence.

Specifically, both BTC and MSTR have seen their 50-day simple moving averages (SMA) move above their 100-day SMA—a classic bullish crossover. This shift means short-term price momentum is gaining strength relative to the longer-term trend, often an early indication of a sustained bull run.

Supporting this outlook, momentum indicators like the MACD align with the bullish narrative, suggesting Bitcoin’s price is more likely to rise.

That said, a brief pullback below the key $100,000 level is still possible, as some large investors appear cautious based on recent on-chain data.

Bitcoin’s price currently oscillates between $101,000 and $107,000. A break below this range could trigger profit-taking and potentially deepen a short-term correction toward support near $98,000 before the upward trend resumes.