Bitcoin (BTC) Surges, but Indicators Still Show Bearish Trend? (10/28/25)

Jakarta, Pintu News – Bitcoin (BTC) has recently managed to break the 50-day simple moving average (SMA), which is often considered an indicator of a short-term bullish trend. Despite positive signals from some technical indicators, there is still caution in the market.

This rise in the price of Bitcoin (BTC) appears to have been triggered by expectations of an interest rate cut by the Federal Reserve scheduled to occur this Wednesday, as well as positive developments in trade tensions between the US and China.

Bitcoin (BTC) Technical Analysis

The breakout above the 50-day SMA was supported by a bullish crossover on the daily MACD histogram and a bullish crossover between the 5-day SMA and 10-day SMA. This indicates an increasingly strong upside momentum. However, despite these bullish indications, Bitcoin (BTC) is still below the Ichimoku cloud on the daily chart, which is a key resistance level.

A decisive move above the Ichimoku cloud would confirm a bullish revival and potentially set the stage for a rally towards $120,000 and higher. However, as long as Bitcoin (BTC) is unable to break this level, opportunities for further gains are limited.

Also Read: Potential DOGE Explosion November 2025: Technical Analysis Shows Sharp Rise?

CoinDesk Trend Indicator for Bitcoin (BTC)

Despite some positive signals from technical indicators, the CoinDesk Bitcoin (BTC) Trend Indicator still shows a bearish trend. This indicator measures the presence, direction, and strength of momentum, and currently does not support substantial higher price movements.

Investors and traders should pay attention to this indicator as it can give a broader picture of market sentiment. Although there is hope for a recovery, caution is still required as the market may still experience volatility.

Influence of Federal Reserve Policy and US-China Trade

The recent rise in Bitcoin (BTC) price has also been influenced by market expectations of the Federal Reserve’s monetary policy. An anticipated interest rate cut could weaken the US dollar, making assets like Bitcoin (BTC) more attractive.

In addition, positive developments in trade negotiations between the United States and China also provided a boost. A reduction in tensions could boost global market sentiment and encourage more investment into riskier assets such as cryptocurrencies.

Conclusion

Although Bitcoin (BTC) has shown some positive signals, there are still some obstacles to overcome before the bullish trend can be fully confirmed. Investors and traders should monitor key indicators and global developments to make informed investment decisions.

Also Read: Bitcoin Reserve Drop on Binance: A Bullish Signal for BTC Price in November 2025?

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This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities are subject to high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying andselling Bitcoin and other crypto asset investments are the responsibility of the reader.

Reference

• Coindesk. Bitcoin Surpasses 50-Day Average but CoinDesk BTC Trend Indicator Remains Bearish. Accessed on October 28, 2025