Bitcoin (BTC) has briefly surpassed the critical resistance level of $74,000, 
generating renewed optimism among investors as key market indicators suggest 
the potential for a bottom and further recovery for the leading 
cryptocurrency. A Potential Surge To $108,000 Market analyst Ali Martinez drew 
attention to a significant development in a social media post on Monday, 
noting that Bitcoin&#8217;s funding rates have turned negative. This particular 
signal has historically foreshadowed substantial relief rallies over the past 
three years. Martinez added that current market sentiment reflects a state of 
&#8220;peak fear,&#8221; which often indicates that the local bottom is close. Historical 
patterns reveal a consistent trajectory: when the majority are paying to short 
Bitcoin, it typically signifies a market rebound. Related Reading: Analyst 
Predicts Dogecoin Price Will ‘Pump Hard’ Soon, Here’s Why The analyst has 
highlighted several past instances where this pattern played out effectively. 
For example, in December 2022, Bitcoin climbed from $17,800 to $24,800, a gain 
of 39%. Similarly, from March 2023, the cryptocurrency surged from $20,000 to 
$30,700, marking a 53% increase in price. The trend continued with notable 
jumps in August 2023 and beyond. Considering this pattern persists for the 
cryptocurrency, where Bitcoin has historically demonstrated an average gain of 
46%, there is a possibility that the digital asset could rally back to 
approximately $108,000 for the first time since November of last year. Bitcoin 
Whales Return In addition to funding rates, blockchain analysis firm 
CryptoQuant has reported further bullish signs for Bitcoin. Recent analysis by 
the firm indicates that the ratio of BTC whales on exchanges has reached its 
highest point in six years. An increase in this whale ratio often signifies a 
short-term bottom, while peaks in the ratio typically mark the commencement of 
an upward trend. Presently, the ratio of retail investors is at a six-year 
low, suggesting that larger players in the market are accumulating 
aggressively. On-chain indicators support the notion that Bitcoin may be 
poised for an upward movement, with the exchange whale ratio reinforcing the 
idea that the current price levels represent a bottom. Related Reading: Ripple 
Pushes XRP Global With Multi-Continent Expansion Drive In another observation 
on social media platform X (previously Twitter), market expert Jesus Martinez 
pointed out the presence of an unfilled Chicago Mercantile Exchange (CME) gap 
between $80,000 and $84,000 for the leading cryptocurrency. Nine out of ten 
CME gaps have been successfully closed since August 2025, sparking speculation 
that the cryptocurrency may experience an additional 13% increase should it 
promptly fill the gap at $84,000 in the short term. At the time of writing, 
Bitcoin was trading slightly above the $74,100 mark, with gains of nearly 4% 
and 8% in the 24-hour and seven-day time frames, respectively. Featured image 
from OpenArt, chart from TradingView.com

Bitcoin Returns To Full Bull Mode: Key Indicators Signal Bottom And Major Relief Rally

Local media outlet Asiae reported that the national police aim to select a 
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Ethereum price rallied to a six-week high of $2377.64 on Tuesday as 
institutional investors continue to accumulate the asset. According to data 
from crypto.news, Ethereum (ETH) price rose 6% to hit $2,377.64 on March 17, 
its highest level since the…

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Bitcoin broke past the $76,000 resistance level, reaching a peak of $76,013 
before profit-taking caused a sharp pullback to around $74,000. Resistance and 
Profit-Taking at the Peak Bitcoin shattered the $76,000 resistance level early 
Tuesday, extending a rally that has seen it consistently decouple from 
traditional equities amid escalating Middle East tensions. Bitstamp exchange 
data […]

Cryptocurrency price in GBP