Bitcoin may be on the verge of a key technical signal: Long-term logic behind the $400,000 target
Bitcoin may be approaching one of the most-watched technical events on its chart, a timing that has sparked interesting discussions about how far the next major Bitcoin price cycle will ultimately go. A potential "golden cross" could emerge in the coming week, but the bigger debate goes far beyond this single technical event.
Crypto analyst Micro2 Macr0 believes that the current situation may set a price target for Bitcoin at US$400,000. His timeline extends to early 2029, which means the forecast is not focused on short-term outbreaks, but rather on what may happen in the next major market cycle.
Bitcoin's intrinsic price structure provides some support for a sustained recovery, although several important resistance levels still stand between the current price and another historical high. Monthly technical indicators remain mixed, making the road to the Micro2 Macr0 's ambitious goals by no means smooth sailing.
The history of Bitcoin's gold crossing provides the basis for another big cycle for Micro2 Macr0
Micro2 Macr0 's argument is largely based on Bitcoin's first "gold crossing" since the previous bear market. The golden crossing means that the short-term moving average crosses the long-term moving average, and usually means that the 50-day moving average crosses the 200-day moving average.
Previous gold crossovers that emerged after major bitcoin bear markets have been accompanied by strong price increases. Although returns declined in subsequent cycles, Micro2 Macr0 argued that abnormal macroeconomic events affected those periods.
Analysts pointed to the following factors:
- The COVID-19 epidemic interrupted the Bitcoin cycle that began around 2020 and created an unusual global market environment.
- The Federal Reserve's rapid interest rate hikes put pressure on Bitcoin and other risky assets, when BTC prices hit about $69,000 in 2021.
- According to data cited by Micro2 Macr0, gold prices have increased by more than 250% from the bottom of 2022 to the peak in January 2026.
- Assets related to artificial intelligence (AI) have also absorbed huge amounts of capital in the latest Bitcoin cycle.
Micro2 Macr0 estimates that gold and AI-related investments together attracted nearly US$35 trillion in capital inflows into their respective markets. His point is that if certain obstacles from previous cycles become less powerful in the next cycle, Bitcoin may perform differently.
This is no guarantee that another golden cross will repeat the previous results. Gold crosses are lagging indicators because they rely on price behavior that has already occurred.
Can#Bitcoin's GOLDEN CROSS (This next week) launch us on a path $400,000 by early 2029? 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 (@Micro2Macr0)September 4, 2026
Micro2Macr0 believes that Bitcoin prices could reach US$400,000 by early 2029
Micro2Macr0's broader argument focuses on global capital flows in the coming years. Rising government debt, higher bond yields, the adoption of AI, and increased use of digital assets may all affect this equation.
Artificial intelligence is an important part of his argument. Micro2 Macr0 cited comments from Jordi Visser, Fundstrat, Cathie Wood and Vlad Tenev as it discussed how AI systems could ultimately interact with digital financial infrastructure.
stablecoins may be part of this infrastructure. Ethereum could support applications and tokenized assets, while Solana could provide another trading network. Bitcoin can retain its different role as a scarce digital asset and store of value.
Therefore, analysts question why Bitcoin must stop near $250,000 if another large cycle develops.
His proposed $400,000 bitcoin price target requires BTC to gain trillions of dollars in market value increments. Micro2 Macr0 believes that this size should not automatically make that goal impossible compared to the huge amount of capital flowing in assets such as gold.
Timing is crucial here. Analysts 'views point to early 2029 rather than the coming weeks or months.
Bitcoin must break through US$83,000 to 85,000 for larger goals to make sense
A closer look at the Bitcoin price chart provides a more direct understanding of the tasks BTC needs to complete before goals such as US$400,000 become relevant.
In the bear market in 2022, Bitcoin fell from its 2021 high to about $15,000. Subsequently, BTC formed a rising channel, eventually pushing the price to its latest all-time high of nearly $126,000.
A recent sharp decline pushed Bitcoin off the channel to about $57,000. However, the recovery that began about two weeks ago has allowed BTC to climb back above broken territory and re-enter a broader upward structure.
BTC Price Chart Showing an Ascending Channel
There are currently several price levels worthy of attention:
- US$83,000 to US$85,000: Bitcoin needs to clear this area of resistance to strengthen the current recovery momentum.
- US$98,000 to US$99,000: A successful breakthrough of US$85,000 could open the way to the next resistance zone.
- US$126,000:This remains the main historical high barrier that BTC will ultimately need to recover.
- Over $126,000: A confirmatory breakthrough will put Bitcoin into the price discovery phase and make larger cycle goals more relevant.
Returning to the rising channel is constructive, but Bitcoin still has a lot of work to do. Failure near $83,000 to $85,000 could delay the recovery and keep BTC below stronger resistance.
Despite multiple buy signals, Bitcoin's monthly indicators are still showing a mixed trend
Bitcoin's monthly technical indicators do not currently provide a fully bullish picture. While several readings favor buyers, other readings indicate that BTC has not yet reached an overwhelmingly strong technical position.
The RSI reading of 52.211 is close to its midrange. This means that Bitcoin is neither excessively overbought nor excessively oversold over the monthly time frame, leaving room for the next round of major market developments in both directions.
A Stocking reading of 60.839 generated a buy signal and indicated that monthly price strength was improving. However, the reading has not yet reached extreme levels that suggest the market is overheating.
The MACD reading of 1973.1 also provided a buy signal. MACD measures changes in the strength and direction of trends, so positive readings support the possibility that Bitcoin's broader recovery may continue.
The Ultimate Oscillator is 45.46, providing the main bearish reading among these indicators. Its sell signal suggests that despite the recent recovery in BTC, some potential price pressures still exist.
Finally, Bull/Bear Power was 2,596.3332, giving another buy reading. This indicator suggests buyers have greater control over the broader monthly structure.
Overall, these indicators tend to be positive, but still show a mixed trend. Before the technical picture becomes significantly stronger, Bitcoin will still need to pass price confirmation through the main resistance level.
Bitcoin prices may target US$98,000 before any US$400,000 scenario develops.
The Micro2 Macr0's US$400,000 Bitcoin price forecast presents an ambitious scenario, but the chart provides a shorter list of top levels of concern.
Bitcoin's recovery of US$83,000 to US$85,000 will strengthen the case of a continuation towards approximately US$98,000 to 99,000. Another successful breakthrough there could finally put the all-time high of $126,000 back into focus.
Breaking through $126,000 will completely change the conversation, as Bitcoin will return to the price discovery stage. At this stage, goals well above previous highs will be easier to evaluate.
If the expected gold cross occurs, it could become another positive technological development. History alone cannot determine Bitcoin's next move, especially on a timeline that stretches into 2029.
The Micro2 Macr0 's argument ultimately depends on factors more grand than a single chart signal. Bitcoin needs another strong expansion cycle, favorable global liquidity conditions, and enough demand to support trillions of dollars in market value growth.
FAQs
Does anyone become a millionaire through Bitcoin?
Yes, thousands of people have become millionaires through Bitcoin. Its price soared from a few cents in 2009 to tens of thousands of dollars per coin, creating a vast class of newly wealthy individual investors, early miners and entrepreneurs.
Are Bitcoin's creators rich?
Yes, Bitcoin's founder Satoshi Nakamoto is theoretically one of the richest people in history, with an estimated net asset in cryptocurrency of approximately US$71 billion.

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