Analysis: Bitcoin may restart its surge to $100,000, as macro indicators once again show bullish signals

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Mars Finance reports that a macro model combining the US 10-year Treasury yield and the China 10-year Treasury yield (US10Y × CN10Y) has recently generated an “extremely accurate” bullish crossover signal, which may provide guidance for Bitcoin’s next rally. Historical data shows that this indicator has issued similar signals before the bull markets in 2013, 2017, 2020–2021, and 2023, with Bitcoin’s gains reaching approximately 8,700%, 1,900%, 600%, and over 350%, respectively. Additionally, on-chain data indicates that whale addresses (wallets holding 1,000–10,000 BTC) have recently resumed accumulation during the price correction, similar to behavior patterns near previous market bottoms. Analysts believe that if Bitcoin stabilizes and rebounds around the 200-week moving average, the price could test $100,000 around August. However, if it fails to break through the key resistance level of $78,000, there remains a risk of forming a “bull trap.”

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