Bitcoin (BTC) just gave traders a reason to stay hopeful. This week, BTC showed a strong mix of signals that many traders look for when markets are heating up. These signs are called a “bull run combo,” and they don’t happen very often. When they do, they usually mean something big might be coming.

A Golden Cross and Strong Support

The first signal was a golden cross. This is when a short-term moving average goes above a long-term moving average. In this case, the 23-day moving average moved above the 200-day moving average on the daily chart. That move tells us the short-term price is gaining strength over the long-term trend.

Traders often take this as a good sign. It means momentum is growing. While it doesn’t promise that the price will go up fast, it shows a shift toward bullish behavior.

At the same time, Bitcoin bounced from a key support zone. That zone is around $95,488. BTC dipped into that area but did not fall lower. Instead, it held steady and even moved up. That bounce tells us buyers are protecting that price range. It’s a place where demand is strong.

Price Movement Around $96K

As of May 4, Bitcoin is trading just under $95,500. That puts it near the upper edge of its recent price range. There has been some resistance around $96,000. That means the price tried to move higher but couldn’t stay there for long. Still, BTC has held above the $94,200 breakout area. This gives bulls more confidence.

Even if BTC pulls back, it still has good support. Below $95,488, the next support levels are $91,000, $90,288, and $89,738. These levels could act as a safety net. They can help BTC hold its ground during sideways moves or short dips.

Why This Combo Matters

A golden cross shows long-term growth. A bounce off support shows near-term strength. When both happen at once, traders pay attention. It means the price is rising, and buyers are stepping in to help.

This combo does not guarantee fast gains. But it lays the groundwork for a new wave of buying. That can lead to higher prices or at least stability in the market.

BTC’s Larger Trend Still Intact

Bitcoin has been trading in a wide range for months. After touching highs above $73,000 in March, the price pulled back. But it didn’t crash. Instead, it moved sideways and formed strong support zones.

The recent rally toward $96,000 is part of a longer trend. The market is trying to build up strength again. If this continues, BTC could retest past highs or even aim higher.

In fact, many traders are now watching for a breakout above $96,000. If Bitcoin can close above that level and hold it, we might see a run toward $100,000. That number is both a psychological and technical goal. Many traders will likely buy if BTC gets close.

What Could Go Wrong?

As always, there are risks. If BTC fails to break above $96,000 and falls back, it could test the support zones again. If it breaks below $89,000, the mood could turn bearish. Also, global events, regulation news, or tech bugs could impact price at any time.

Still, the current chart shows more green than red. Bitcoin is holding its ground, and key levels are working. For now, the bulls seem to have the edge.

The golden cross and bounce from support make a strong case for Bitcoin’s bullish setup. While no signal is perfect, this mix often means good things for price action. Traders are watching closely. And if BTC can keep up this strength, a fresh move higher may not be far away.

Bitcoin’s current structure gives hope to both short-term and long-term traders. As always, the crypto market moves fast. But when signals like these show up, it’s worth taking a closer look.