Main takeout:
The macro chain index issue issues the first purchase signal since 2022, suggesting a new Bitcoin bull run.
The RSI crossover of the MCI is aligned with the past cycle floor before 500%+ BTC rally.
Bitcoin prices recover from $ 74K to $ 95K, with open interest and positive financing rates.
The major Bitcoin (BTC) indicators, which have accurately signaled the 2022 market floor, have shown another purchase signal, suggesting that cryptocurrency can enter a new bull phase.
Bitcoin Metric Hint “Absolutely Floor”
This indicator, called the Macro Chain Index (MCI), is a compound of several long -term warmth and macroeconomic indicators.
It analyzes factors such as accumulation behavior, network activities and supply trends, which helps to identify whether Bitcoin is underestimated or overestimated compared to the past periodic location.
The most important part of the current chart is the RSI (relative robbery) of MCI (purple). In April, RSI has historically confirmed the beginning of Bitcoin Bull Run beyond the 52 -week mobile average (yellow).
The RSI crossover appeared just before the surge in Bitcoin in 2015, $ 20,000 in 2015, $ 65,000 in 2019, and BTC nearly $ 15,500 in late 2022.
If the historical pattern is maintained, the crossover in April 2025 means the beginning of a new bull run. In particular, many other indicators point out that Bitcoin breaks down its main psychological resistance to $ 100,000.
Alpha extract, the producer of the macro chain index, said, “The macro chain index has launched its first purchase signal since 2022, since 2022.
“Considering that the foundation is aligned and the market structure is gradually following, this is an important phone.”
relevant: Bitcoin prices are always over 50% after these two patterns appear
Bitcoin fell to 32 percent after a record of nearly $ 110,000 in January, mainly due to US President Donald Trump’s global trade war.
The BTC formed a region’s lowest level of less than $ 74,450 in early April, but since then, it has recovered to about $ 95,650 in the US stock market with a signal “separation.”
Bitcoin Open Interest increased $ 2.2 billion in April.
Bitcoin’s recent rebound is strongly supported by FutureS Markets, especially Binance.
In January and early April, the public interest (OI) decreased from $ 11.9 billion to $ 7.5 billion, decreasing 36.9% and signaling, reducing signals and lower leverage during the market downturn. But the trend was upside down in mid -April.
In the last three weeks, traders have matched Bitcoin’s on -site market prices, rising 29.3%of interest from $ 7.5 billion to $ 9.7 billion.
This synchronized price increase and interest interest shows that the trader is entering a new long -distance position, not a shorts of shorts. It is a signal that develops confidence in the rise of Bitcoin.
Most of the financing fees were maintained positively, which is a typical signal that long -range holders pay short sellers, which is a higher price.
Open interest and positive financing rate shows a new optimistic driving force, and adds weight to the claim that Bitcoin can continue to rise to $ 100,000.
This article does not include investment advice or recommendation. All investment and trading measures include risks, and the reader must do his own research when making a decision.