{"id":26138,"date":"2025-05-10T14:46:40","date_gmt":"2025-05-10T14:46:40","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=26138"},"modified":"2025-05-10T14:46:40","modified_gmt":"2025-05-10T14:46:40","slug":"bitcoin-bull-bear-cycle-indicator-flashes-1st-bullish-signal-since-february-details","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=26138","title":{"rendered":"Bitcoin Bull-Bear Cycle Indicator Flashes 1st Bullish Signal Since February \u2013 Details"},"content":{"rendered":"
\n

Bitcoin is now facing a critical test as it consolidates around the $103,000 mark, holding gains made during last week\u2019s powerful breakout. After tagging $104,300, the price has remained steady in a narrow range, suggesting a period of accumulation before the next major move. Bulls appear to have the edge, with sentiment leaning toward a continuation of the uptrend. The key level to watch is the $109,000 all-time high, which could be challenged if momentum builds in the coming days.<\/p>\n

Insights from CryptoQuant reveal that the Bull Bear Market Cycle indicator\u2014an on-chain metric that has consistently signaled a bear market since February 24, 2024\u2014is now beginning to flash early signs of a potential reversal. This shift could mark the transition into a new bullish phase. Although the current signal remains weak, the upward turn in the short-term moving average is particularly notable.<\/p>\n

With macro conditions stabilizing and altcoins starting to catch fire, Bitcoin\u2019s consolidation<\/a> at these elevated levels may be a precursor to a much larger move toward new highs.<\/p>\n

Bitcoin Eyes Continuation As Key Indicator Flashes Early Bullish Signal<\/h2>\n

Bitcoin is preparing to test uncharted territory after months of heavy selling pressure, negative sentiment, and persistent macro uncertainty. Following a strong rally that pushed the price above $100,000, BTC is now finding resistance near the $104,000 level\u2014a key supply zone that could act as a short-term ceiling. Bulls are firmly in control, but the market remains cautious as this level represents the final major hurdle before a potential breakout toward the $109,000 all-time high.<\/p>\n

Breaking above $104,000 would likely trigger significant momentum, pushing prices into price discovery and unleashing a new wave of investor optimism. However, this area could also invite increased profit-taking and fresh sell-side pressure. Whether Bitcoin can sustain this rally will depend on broader market dynamics and investor conviction at these highs.<\/p>\n

According to CryptoQuant<\/a>, there\u2019s reason to believe the tide is shifting. Since February 24, 2024, the platform\u2019s Bull Bear Market Cycle indicator has consistently signaled bearish conditions.<\/p>\n

\"CryptoQuant<\/p>\n

Yet, in recent days, this signal has started to flip. Although the current bullish coefficient remains weak at 0.029, it marks the first positive reading in weeks. More importantly, the Bull-Bear 30DMA, a short-term trend signal, has begun to turn upward. If it crosses above the longer-term 365DMA, historical data suggests that Bitcoin could enter a parabolic rally phase similar to past bull cycles.<\/p>\n

This confluence of price action and on-chain momentum points to a critical juncture. If the structure holds and indicators align, Bitcoin may be on the verge of rewriting history once again.<\/p>\n

Price Consolidates After Explosive Rally<\/h2>\n

Bitcoin is currently consolidating just below the $103,600 resistance level after a powerful rally that pushed the price from below $90,000 to over $103,000 in a matter of days. As shown on the 4-hour chart, BTC has printed a tight bullish flag right below a key supply zone, suggesting continuation potential if momentum holds. The 200-period SMA ($89,946) and EMA ($92,357) are both trending upward, further confirming the strength of the underlying uptrend and offering strong support in case of a pullback.<\/p>\n

\"BTC<\/p>\n

Volume has slightly decreased during this consolidation phase, which is typical of a bullish structure where buyers pause before attempting a breakout. A sustained close above $103,600 could quickly send Bitcoin toward the all-time high zone around $109,000. However, failure to break this resistance could lead to short-term profit-taking and a retest of the $100,000 level as psychological support.<\/p>\n

Overall, the price structure remains very constructive, and the recent clean break above the previous range between $92K\u2013$98K adds weight to the bullish thesis. Bulls are in control for now, but the next few sessions will determine whether this momentum leads to price discovery or a short-term cool-down.<\/p>\n

Featured image from Dall-E, chart from TradingView<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Bitcoin is now facing a critical test as it consolidates around the $103,000 mark, holding gains made during last week\u2019s powerful breakout. After tagging $104,300, the price has remained steady in a narrow range, suggesting a period of accumulation before the next major move. Bulls appear to have the edge, with sentiment leaning toward a […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-26138","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/26138","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=26138"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/26138\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=26138"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=26138"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=26138"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}