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Bitcoin’s big bounce has graduated to a longer-term uptrend. Is it too late to buy?

Bitcoin’s big bounce has graduated to a longer-term uptrend. Is it too late to buy?

marketwatch.com 05.10.2026 12:46 5 views
A bullish “golden cross” technical pattern has appeared for the first time in more than three years. The last one worked out pretty well.

Bitcoin’s big bounce has graduated to a longer-term uptrend. A bullish ‘golden cross’ technical pattern has appeared for the first time in more than three years. The last one worked out pretty well.

A "golden cross" pattern has just appeared in bitcoin's chart, which in the past has led to some pretty healthy gains. via After a rough start to the year, bitcoin has enjoyed a renaissance over the past few months — enough to produce a pretty rare, positive chart pattern. While that pattern, with the inviting name of “golden cross,” isn’t necessarily meant to time market purchases, history suggests that, at the very least, it shouldn’t be ignored. Copyright ©2026 MarketWatch, Inc.

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Morgan Stanley says these ones are worth buying now. Tomi Kilgore is MarketWatch's managing editor, markets, and is based in New York. You can follow him on Twitter @TomiKilgore.

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