A Signal Attracting Attention for Bitcoin Has Returned: Expectations of a Rise Are Increasing

Market Development Bitcoin gained about 20% in the last month.
This rise is considered a notable move in the crypto market.
Technical Indicators Market commentator Ali Martinez said Bitcoin has crossed the Warm Supply Realized Price (WSRP) level again, surpassing the cost indicator that has historically triggered major rallies.
The indicator tracks the average cost between the last week and six months.
The level is considered a signal that strong upward moves follow after being retraced four times previously.
Martinez also highlighted the attention drawn by the Golden Cross, a moving average crossover.
Examples were shown where a similar crossover preceded the end of a bear market and a 500% rise in Bitcoin.
Institutional Demand Spot Bitcoin ETFs in the U.S.
recorded a net inflow of $986.9 million last week.
BlackRock’s IBIT product led with a cumulative net inflow of $64.06 billion since its inception, while FBTC followed with $10.33 billion.
Analyst Views Crypto With Haris suggested Bitcoin could experience a sharp decline to $62,000.
Crypto Lens said it is close to completing a bull trap and could retreat to $50,000.
Crypto Patel argued that a rebound from $83,000 still shows a downward bias and could increase the risk of falling toward $50,000.
According to Patel, a daily close above this level and a successful retracement could lift the price to the $100,000 psychological threshold.
Conclusion Bitcoin’s technical indicators and institutional demand data are seen as harbingers of a potential rise.
However, some market commentators argue that the bear market has not yet ended and a sharp decline could come.
For investors, balancing risk and opportunity is important.