Bitcoin Rides the Bull Market Wave with New Highs
2025-07-18 12:15:25
Main Idea
Bitcoin is currently in the 'ignition phase' of a bull market, with analysts predicting further upward movement based on momentum and historical trends.
Key Points
1. Bitcoin is in the 'ignition phase' of a bull market, characterized by rising prices and new bullish signals.
2. A similar market structure was observed in November 2024, when Bitcoin's price rose from $70,000 to a peak of $106,000.
3. For Bitcoin to transition into a 'full bull market' phase, its Fundamentals Index (BFI) must exceed 60; it recently reached 59.
4. Bitcoin recently set a new all-time high at $123,000 and was trading around $120,246 at the time of publication.
5. Analysts recommend monitoring indicators like the BFI and market structure to gauge continued bullish momentum.
Description
Bitcoin Vector signals a bullish trend through current price movements. Bitcoin is in its "ignition phase," suggesting future upward momentum. Continue Reading: Bitcoin Rides the Bull Market Wave with New Highs The post Bitcoin Rides the Bull Market Wave with New Highs appeared first on COINTURK NEWS .
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