Bitcoin Enters Bull Regime As Taker Flow Surge Drives $3,400 Premium
Bitcoin has reclaimed the $70,000 level and is testing resistance near $74,000, signaling renewed bullish momentum. According to analyst Axel Adler, the Bitcoin Integrated Market Index has flipped back into a bullish regime, currently at 96, after a bearish period from mid-February. Key indicators show Bitcoin trading at a $3,453 premium above its Fair Value, with a Price Index of 95.35, suggesting strong buyer interest. The market structure shifted on March 10 as taker flow reversed and open interest expanded. A break above $74K could target the $82K–$90K range, though failure may lead to consolidation.
bitcoinist03/17 02:35
