- Bitcoin’s latest buy signals and bullish market trends suggest a potential rally toward $100,000.
- With strong futures market activity and favorable technical indicators, investors are eyeing significant price gains in the near future.
Bitcoin may be on the brink of another explosive rally, with fresh buy signals and bullish market sentiment pointing to a potential climb toward the $100,000 mark. The latest insights from Alpha Extract’s Macro Chain Index (MCI) reveal that long-term technical and macroeconomic indicators are aligning for a possible breakout.
The MCI has just issued its first buy signal since 2022—a move that historically precedes major upward price movements. One key driver is the Relative Strength Index (RSI) of the MCI, which in April crossed above its 52-week moving average. This technical crossover previously signaled major bull runs in 2015, 2019, and late 2022, suggesting that Bitcoin could once again be entering a high-growth phase.
Alpha Extract emphasized the importance of this development: “This is a significant call, as fundamentals align with improved market structure.” The last time the MCI fired a similar signal was at the absolute bottom of the 2022 bear market.
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Another bullish factor is Bitcoin’s apparent decoupling from traditional markets. Despite recent volatility in U.S. equities, Bitcoin rebounded from an early-April low below $74,450 to around $95,650. This divergence suggests increasing investor confidence in Bitcoin as a standalone asset class, particularly in times of broader market uncertainty.
Further supporting this outlook is a sharp uptick in futures market activity. Open interest across major exchanges like Binance has surged by nearly 30% in just three weeks, reversing a significant decline earlier this year. Combined with positive funding rates, this rise signals renewed trader enthusiasm and a growing number of long positions.
As these technical, market, and sentiment-based factors converge, many analysts believe Bitcoin could soon breach the psychological $100,000 barrier. While short-term volatility remains a constant, the foundation for a new bull market appears to be forming.
For investors and market watchers alike, the coming weeks could be pivotal. If history is any guide, Bitcoin may be poised to make another historic leap—one that could redefine the next chapter of digital asset adoption.
