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Bitcoin Weekly Outlook Signals Possible Bullish Shift Amid Market Volatility
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Bitcoin Weekly Outlook Signals Possible Bullish Shift Amid Market Volatility

Bitcoin faces a decisive week as macro tensions collide with signs of a potential long-term bullish reversal. The weekly chart shows Bitcoin reclaiming the 200-week exponential moving average (EMA), while the moving average convergence/divergence (MACD) indicator is close to producing its first bullish cross since May 2025. During the last similar signal, Bitcoin surged from $94,000 to $119,000 within two months.

Tristan R.
By Tristan R.

Senior Author · April 6, 2026

2 min
Key takeaways
Bitcoin faces a decisive week as macro tensions collide with signs of a potential long-term bullish reversal.
The weekly chart shows Bitcoin reclaiming the 200-week exponential moving average (EMA), while the moving average convergence/divergence (MACD) indicator is close to producing its first bullish cross since May 2025.
During the last similar signal, Bitcoin surged from $94,000 to $119,000 within two months.

Bitcoin faces a decisive week as macro tensions collide with signs of a potential long-term bullish reversal. The weekly chart shows Bitcoin reclaiming the 200-week exponential moving average (EMA), while the moving average convergence/divergence (MACD) indicator is close to producing its first bullish cross since May 2025. During the last similar signal, Bitcoin surged from $94,000 to $119,000 within two months.

$BTC one-week chart with MACD data, 200 EMA

MACD Indicator and Liquidation Activity Drive Market Focus

Analysts note that Bitcoin recently moved above $70,000, triggering more than $250 million in liquidations as short positions were caught off guard. Onchain data shows aggressive short term positioning, with increased open interest and trading volume, particularly on Binance. Some traders expect potential liquidity hunts near the $64,000 to $64,500 range, signaling possible downside pressure before further gains.

Bitcoin open interest change by exchange 

Macro Risks and Inflation Data Add Volatility

Geopolitical tensions surrounding US-Iran developments remain a major concern, especially as US President Donald Trump set a deadline related to reopening the Strait of Hormuz. Oil prices have climbed above $115 per barrel, raising concerns that inflation could increase.

Markets are also awaiting key US inflation indicators, including the Personal Consumption Expenditures (PCE) Index and Consumer Price Index (CPI). Analysts estimate CPI could rise to around 3.7% if elevated oil prices persist, adding uncertainty to Bitcoin’s short-term direction.

US CPI 12-month % change: Bureau of Labor Statistics
Disclaimer

This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.

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Disclaimer

This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.

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About the author

Tristan R.
Tristan R.

8+ years covering crypto markets, macro, and geopolitics. Previously at Decrypt and CoinDesk. Focused on the intersection of digital assets and traditional finance.

Bitcoin Weekly Outlook Signals Possible Bullish Shift Amid Market Volatility — Blockto — Blockto