Recent developments in Bitcoin have shown a modest recovery in its price, surpassing the key threshold of $90,000 and even approaching $100,000 briefly.

The 30-day moving average (MA) of Bitcoin’s Fear & Greed Index has crossed above the 90-day average, a significant indicator that last happened in May 2025.

Golden Cross in Bitcoin

The 30-day MA serves as a technical measure of Bitcoin’s price volatility, tracking its average closing value over the past 30 days. This crossover, known as the Golden Cross, is traditionally seen as a bullish indicator. According to analysis shared by MorenoDV from CryptoQuant, the current 30-day MA stands at 30.2%, while the 90-day average is at 26.1%.

When the 30-day MA exceeds the 90-day average, it typically suggests increasing investor interest in the cryptocurrency.

Market Sentiment Remains Cautious

Despite the positive trend, MorenoDV has expressed a more cautious market outlook, stating:

“This is not euphoric behavior; it usually occurs when the market is still skeptical, volatility remains elevated, and confidence is fragile.”

Such golden crosses often follow prolonged periods of market fear, as indicated by the Fear & Greed Index. He concluded that Bitcoin’s price tends to rise in subsequent weeks after such signals.

Current BTC Price: $91,200, reflecting a 2% drop in the last 24 hours. The future trajectory remains uncertain but may lean positive if the recent indicators align with increasing price stability.