Bitcoin Updates: Bullish Technical Signals for Bitcoin Face Off Against Underlying Bearish Threats
- Analysts highlight Bitcoin's proximity to key technical indicators, suggesting a potential rebound to $96,000 amid undervaluation signals like the Puell Multiple (0.86) and a two-year low MVRV Z-Score (1.13). - Structural risks persist, including MSCI index exclusions of crypto treasuries (Jan 2026) and ETF outflows, which could trigger sell-offs and weaken liquidity despite improving bull-bear momentum (-20%) and fair-value gaps ($99,000 target). - Market views diverge: some see a 30% drawdown from $126
Bitcoin's recent price movements have sparked fresh interest, with experts indicating the cryptocurrency may be entering a promising phase for a potential rebound. New figures show that
Additional on-chain and derivatives indicators further support the argument for a possible reversal. The Bitcoin Bull-Bear Structure Index, which had been negative since November 11,
Nonetheless, there are still significant structural hurdles.
Opinions among market participants are split regarding the timing and durability of any recovery. Some believe that Bitcoin’s 30% drop from its record high of $126,000 presents a buying window, while
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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