Deep Tide TechFlow News, on March 1st, according to Cointelegraph, the bottom signal that appeared in Bitcoin in 2023 has re-emerged this week. This signal previously indicated a 130% increase in 2024, sparking market speculation about a new bull market turning point.
Data aggregation platform Swissblock pointed out that Bitcoin has been in the “Very High Risk” zone for 25 consecutive days, setting a new record, surpassing the 23 days peak in 2023. Historically, prolonged stays in this zone are often associated with late-stage corrections or bottom signals.
However, the current macroeconomic environment differs from two years ago. Since August, gold ETF inflows have exceeded Bitcoin spot ETF inflows, which have shown negative flows over a 90-day rolling basis, currently at -$2.06 billion. Regarding inflation trends, Personal Consumption Expenditures (PCE) are close to 2.9% year-over-year, with core PCE near 3.0%, showing no clear downward trend, limiting liquidity expansion expectations.
Analyst Willy Woo stated that any short-term rebound to $70,000–$80,000 could face new selling pressure, and the broader market environment remains bearish.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Bitcoin bottom signals reappear, but analysts question their validity in the 2026 environment
Deep Tide TechFlow News, on March 1st, according to Cointelegraph, the bottom signal that appeared in Bitcoin in 2023 has re-emerged this week. This signal previously indicated a 130% increase in 2024, sparking market speculation about a new bull market turning point.
Data aggregation platform Swissblock pointed out that Bitcoin has been in the “Very High Risk” zone for 25 consecutive days, setting a new record, surpassing the 23 days peak in 2023. Historically, prolonged stays in this zone are often associated with late-stage corrections or bottom signals.
However, the current macroeconomic environment differs from two years ago. Since August, gold ETF inflows have exceeded Bitcoin spot ETF inflows, which have shown negative flows over a 90-day rolling basis, currently at -$2.06 billion. Regarding inflation trends, Personal Consumption Expenditures (PCE) are close to 2.9% year-over-year, with core PCE near 3.0%, showing no clear downward trend, limiting liquidity expansion expectations.
Analyst Willy Woo stated that any short-term rebound to $70,000–$80,000 could face new selling pressure, and the broader market environment remains bearish.