"Bitcoin (BTC) Signals Trend Reversal Amid Rising Global Liquidity"

# Bitcoin Shows Significant Trend Reversal, Breaches $100,000 Barrier Recent analyses indicate that Bitcoin (BTC) may be in the early phases of a trend reversal following weeks of stagnation. Yesterday, Bitcoin soared past the $100,000 mark for the first time since February 3, igniting investor optimism. According to NewsBTC, Bitcoin is currently trading just above $100,000, about 5% shy of its all-time high (ATH) of $108,786 achieved on January 20. After dipping to $74,508 on April 6, the cryptocurrency has made a robust recovery, surging over 20% since then. # On-Chain Metrics Signal Bullish Momentum Analysts are pointing to early signs of a bullish shift in Bitcoin's market behavior. Burakkemeci, a contributor to CryptoQuant, stated, "Bitcoin's recent breach of $100,000 has activated bullish signals for the first time in weeks. Though the signal is still weak (coefficient: 0.029), the positive turn is notable." The analysis utilized CryptoQuant's "Bull-Bear Market Indicator," an on-chain tool that gauges market sentiment by analyzing price momentum and investor behavior patterns. This metric employs the 30-day moving average (MA) and the 365-day MA to identify shifts between bullish and bearish trends. Analysts noted that the 30-day MA is climbing. Historically, when the 30-day MA moves above the 365-day MA, Bitcoin often enters a parabolic upward trend. # Macro Environment Bolsters Positive Outlook Julien Bittel, head of macro research at Global Macro Investor, discussed macroeconomic factors that could support Bitcoin's bullish trajectory. Bittel highlighted the relationship between global M2 money supply and Bitcoin's price performance, noting, "Global liquidity has been accelerating rapidly since early 2025. Bitcoin is likely to follow this upward trend." # Caution Urged Amid Potential Risks Despite the positive indicators, not all metrics suggest a smooth ride for Bitcoin. Analysts caution about the increased risk of a short-term price peak, coinciding with aggressive profit-taking. Additionally, Bitcoin's demand momentum remains negative, causing concern. Experts explain that this often happens during late-stage market cycles or macroeconomic adjustments. Bitcoin's stochastic relative strength index (RSI) offers some reassurance, signaling potential bullish momentum resumption. Currently trading at $103,444, Bitcoin is up 4% in the past 24 hours. While Bitcoin's surge above $100,000 is a notable milestone, market analysts are divided on whether this indicates the start of a sustained rally or a temporary rebound. Investors are advised to closely monitor key metrics and macroeconomic trends for better clarity.