Key takeaways: Macro Chain Index issues first buy signal since 2022, hinting at a new Bitcoin bull run. RSI crossover on the MCI aligns with past cycle bottoms that preceded 500%+ BTC rallies. Bitcoin price recovers from $74K to $95K amid rising open interest and positive funding rates. A key Bitcoin (BTC) indicator that accurately signaled the 2022 market bottom has just flashed another buy signal, suggesting the cryptocurrency may be entering a new bull phase. Bitcoin metric hints at “absolu...
Bitcoin macro indicator that predicted 2022 bottom flashes 'buy signal'
Coin Telegraph - 30 Apr 2025 14:15
Key takeaways: Macro Chain Index issues first buy signal since 2022, hinting at a new Bitcoin bull run. RSI crossover on the MCI aligns with past cycle bottoms that preceded 500%+ BTC rallies. Bitcoin price recovers from $74K to $95K amid rising open interest and positive funding rates. A key Bitcoin (BTC) indicator that accurately signaled the 2022 market bottom has just flashed another buy signal, suggesting the cryptocurrency may be entering a new bull phase. Bitcoin metric hints at “absolu...
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