Bitcoin is paying attention to new historical highs? Growth rate difference spark hope parabolic surge
As the cryptocurrency market continues to seize the spotlight in the financial sector, Bitcoin On Sunday, May 11, BTC’s re-bullish movement was reflected in several key indicators as these indicators moved to positive territory, indicating that BTC’s re-bullish movement was reflected in several key indicators, indicating that BTC’s re-bullish movement was reflected in several key indicators, indicating that BTC’s re-bullish movement was reflected in several key indicators, indicating that BTC’s re-bullish movement was reflected in several key indicators, indicating that the rally was continuation.
Key metrics flashing Bitcoin’s main rally
Bitcoin’s price shows strength as it approaches its current all-time high at the $109,000 threshold, about 5% from the recovery. Many key on-chain indicators have begun to flash bullish signals, similar to the early parabolic periods in the history of the BTC market.
Recently, the indicator likes Funding rate Already enter positive territory, which means the price of flagship assets may rise in the near term. The latest indicator signal of BTC price continues to upward performance is the growth rate difference.
Kyle Doops Overview Due to the obvious changes in the differences in Bitcoin growth rate, the BTC market dynamics are promising. This indicator indicates the current status of the market, indicating that BTC has been entered Another Bull Stage Hovering slightly behind bearish territory.
As market sentiment improves, Bitcoin continues to trajectory, and this bullish phase shows that the basis for a stable rise may be forming. In the past, BTC prices have witnessed strong performance, showing The current rally is intensifying.
According to market experts, the growth rate is different from the market value. The hat that changes from red to green is not just noise. Instead, positive moves suggest that “BTC may be preparing for big things” for the rest of this ongoing cycle.
Kyle Doops further pointed out that key developments show that the setup is reliable unless something breaks down, such as the holdings of a large number of investors returning to the profit field or the sentiment with a positive attitude. Overall, experts believe this transition can begin Parabola parasitizes to new historical highs.
The existence of retail investors remains low in the current market state
While Bitcoin prepares for parabolic measures indicated by the parabolic variance indicator, sentiment among retail investors is relatively low. Darkfost, on-chain analyst and author, Report even though BTC Now it is about 5% from its all-time high.
Chain Chain Expert’s analysis is based on retail transactions ranging from $0 to $10,000. In the past, peaks in retail demand have occurred near the top of the market, raising concerns about when enthusiasm will be restored. However, these investors often show little demand during corrections.
This current trend has also been observed between June and September 2024 Retail demand Even if the market offers attractive opportunities, it is obviously poor. Retail demand may be low at the moment, but DarkFost notes that these investors may be late as usual, suggesting their general inexperience.
Featured images from Pixabay, charts from TradingView.com
Editing process For Bitcoin experts, focus on thorough research, accurate and impartial content. We adhere to strict procurement standards and each page is diligently evaluated by our top technical experts and experienced editorial team. This process ensures the integrity, relevance and value of our content to our readers.
