
Bitcoin could be approaching one of the more closely watched technical events on its chart, and the timing has opened an interesting debate about how far the next major BTC price cycle could eventually go. A potential Golden Cross could appear within the coming week, but the bigger argument goes well beyond that single technical event.
Crypto analyst Micro2Macr0 believes the setup could eventually put a Bitcoin price target of $400,000 on the table. His timeline stretches toward early 2029, which means the forecast is less about an immediate explosion and more about what could happen across the next major market cycle.
Bitcoin’s native price structure offers some support for a continued recovery, although several important resistance levels still stand between the current price and another all time high. Monthly technical indicators also remain mixed, which makes the path toward Micro2Macr0’s ambitious target far from straightforward.
What you'll learn 👉
Bitcoin Golden Cross History Gives Micro2Macr0 a Case for Another Major Cycle
Micro2Macr0 based much of his argument on Bitcoin’s first Golden Cross after previous bear markets. A Golden Cross happens when a shorter term moving average crosses above a longer term moving average, usually the 50-day moving average above the 200 day moving average.
Previous occurrences after major Bitcoin bear markets were followed by strong price advances. Returns became smaller across later cycles, although Micro2Macr0 argues that unusual macroeconomic events affected those periods.
The analyst pointed toward several factors:
- The COVID pandemic interrupted the Bitcoin cycle that began around 2020 and created an unusual global market environment.
- Rapid Federal Reserve interest rate increases placed pressure on Bitcoin and other risk assets after BTC reached about $69,000 in 2021.
- Gold gained more than 250% from its 2022 bottom to its January 2026 peak, based on figures cited by Micro2Macr0.
- AI related assets also absorbed enormous amounts of capital during the latest Bitcoin cycle.
Micro2Macr0 estimates that gold and AI related investments combined pulled close to $35 trillion into their respective runs. His argument is that Bitcoin could perform differently if some of those previous obstacles become less powerful during the next cycle.
That does not guarantee that another Golden Cross will repeat previous outcomes. Golden Crosses are lagging indicators because they rely on price action that has already occurred.
Can #Bitcoin's GOLDEN CROSS (This next week) launch us on a path $400,000 by early 2029?
— Micro2Macr0 (@Micro2Macr0) September 4, 2026
HERE ME OUT before you discount this statement.
1) The chart below shows what happened after the 1st Golden Cross after the end of each bear 🧸 market. As you can see, it did REALLY well… pic.twitter.com/VUcM8reovp
Micro2Macr0 Believes Bitcoin Price Could Reach $400,000 Around Early 2029
Micro2Macr0’s broader argument centers on where global capital could move during the coming years. Rising government debt, higher bond yields, AI adoption and growing use of digital assets could all influence that equation.
Artificial intelligence forms an important part of his thesis. Micro2Macr0 pointed toward commentary from figures including Jordi Visser, Fundstrat, Cathie Wood and Vlad Tenev when discussing how AI systems could eventually interact with digital financial infrastructure.
Stablecoins could provide one part of that infrastructure. Ethereum could support applications and tokenized assets, and Solana could provide another transactional network. Bitcoin could potentially maintain a different role as a scarce digital asset and store of value.
The analyst therefore questions why Bitcoin would necessarily stop near $250,000 if another large cycle develops.
His $400,000 Bitcoin price target would require BTC to gain several trillion dollars in market value. Micro2Macr0 argues that this scale should not automatically make the target impossible, especially when compared with the enormous amounts of capital that can move through assets such as gold.
Timing remains important here. The analyst’s argument points toward early 2029, rather than the coming weeks or months.
Bitcoin Price Must First Break $83,000 To $85,000 Before Larger Targets Matter
A closer look at the Bitcoin price chart gives a more immediate picture of what BTC needs to accomplish before targets such as $400,000 become relevant.
Bitcoin dropped from its 2021 high toward approximately $15,000 during the 2022 bear market. BTC subsequently developed an ascending channel that eventually carried the price toward its latest all time high near $126,000.
The latest major decline pushed Bitcoin below that channel and toward approximately $57,000. However, the recovery that began around 2 weeks ago allowed BTC to climb back above the broken area and reenter the broader ascending structure.

Several price levels now deserve attention:
- $83,000 to $85,000: Bitcoin needs to clear this resistance area to strengthen the current recovery.
- $98,000 to $99,000: A successful breakout above $85,000 could open a path toward this next resistance zone.
- $126,000: This remains the major all time high barrier that BTC would eventually need to reclaim.
- Above $126,000: A confirmed breakout would place Bitcoin into price discovery and make larger cycle targets more relevant.
The return into the ascending channel is constructive, but Bitcoin still has plenty of work ahead. Failure around $83,000 to $85,000 could delay the recovery and keep BTC below the stronger resistance levels.
Bitcoin Monthly Indicators Remain Mixed Despite Several Buy Readings
Bitcoin’s monthly technical indicators do not currently provide a completely bullish picture. Several readings favor buyers, although others show that BTC has not reached an overwhelmingly strong technical position.
| Indicator | Value | Reading |
|---|---|---|
| RSI(14) | 52.211 | Neutral |
| Stochastic(9,6) | 60.839 | Buy |
| MACD(12,26) | 1973.1 | Buy |
| Ultimate Oscillator | 45.46 | Sell |
| Bull/Bear Power(13) | 2596.3332 | Buy |
The RSI reading of 52.211 is close to the middle of its range. That means Bitcoin is neither heavily overbought nor oversold on the monthly timeframe, which leaves room for the next major move to develop in either direction.
The Stochastic reading of 60.839 produces a buy signal and indicates improving monthly price strength. However, the reading has not reached an extreme level that would indicate an overheated market.
The MACD reading of 1973.1 also provides a buy signal. MACD measures changes in trend strength and direction, so the positive reading supports the possibility that Bitcoin’s broader recovery can continue.
The Ultimate Oscillator at 45.46 provides the main bearish reading among these indicators. Its sell signal shows that some underlying price pressure remains despite the recent BTC recovery.
Finally, Bull/Bear Power at 2596.3332 gives another buy reading. That indicator points toward buyers having greater control over the broader monthly structure.
Taken together, the indicators lean positive but remain mixed overall. Bitcoin still needs price confirmation through the major resistance levels before the technical picture becomes considerably stronger.
Read Also: Hedera Price News: HBAR Tops 9 Million Accounts as Questions Over Real Adoption Grow
Bitcoin Price Could Target $98,000 Next Before Any $400,000 Scenario Develops
Micro2Macr0’s $400,000 Bitcoin price prediction presents an ambitious scenario, but the chart provides a much shorter list of levels that matter first.
Bitcoin reclaiming $83,000 to $85,000 would strengthen the case for a continuation toward approximately $98,000 to $99,000. Another successful breakout there could eventually place the $126,000 all time high back into focus.
A move beyond $126,000 would completely change the conversation because Bitcoin would return to price discovery. Targets substantially above the previous high would become easier to evaluate at that stage.
The proposed Golden Cross could become another positive technical development if it appears as expected. History alone cannot determine what Bitcoin does next, especially across a timeline stretching into 2029.
Micro2Macr0’s argument ultimately depends on something much larger than one chart signal. Bitcoin would need another powerful expansion cycle, favorable global liquidity conditions, and enough demand to support a multi-trillion-dollar increase in market value.
FAQs
Subscribe to our YouTube channel for daily crypto updates, market insights, and expert analysis.
