Bullish prices and bearish signals: Bitcoin market dramatically intensifies

Although Bitcoin has soared to $116,000 recently, eight of the ten key technical indicators that historically predict bullish momentum are now showing bearish divergence. Indicators such as Bitcoin’s market dominance, MVRV ratio, new address creation, and exchange capital inflows have all weakened, suggesting potential selling pressure and the market’s shift toward altcoins. Although trading volumes remain high, analysts warn that these divergences, combined with macroeconomic uncertainty such as Fed policy, indicate possible future volatility or market pullbacks.