Over the past month, Bitcoin saw the 30-day moving average of its Fear & Greed Index cross above the 90-day average, a golden cross that last occurred in May 2025. This shift followed BTC moving back above $90,000 and briefly nearing $100,000, according to this chart. (data shows)
The chart shows the 30-day MA at about 30.2% and the 90-day MA at about 26.1%. These figures reflect short-term sentiment becoming stronger than the three-month trend.
When the shorter moving average exceeds the longer one, traders often view it as a bullish signal for upcoming price action. The crossover suggests recent sentiment has improved relative to the prior quarter.
On-chain analyst MorenoDV warned the market remains cautious. “This is not euphoric behavior, it usually happens when the market is still skeptical, volatility remains elevated, and confidence is fragile (The key signal is not whether sentiment is fearful or greedy, but how it is changing relative to its own trend.),”
He noted golden crosses frequently follow long fear periods and that BTC’s price often rises in subsequent weeks. (Ed. note: the signal matters more when price forms higher lows and lacks heavy selling.)
BTC currently trades near $91,200, down roughly 2% over the past 24 hours.
