Bitcoin Bears Lose The Lead: Negative Funding Is The Only Thing Stopping A Structural Breakout
Bitcoin has reclaimed the $70,000 level, signaling renewed strength and a potential end to recent bearish conditions. Key structural and regime indicators have turned positive simultaneously for the first time in nearly three months. The Bitcoin Regime Score, which had dropped to -47 in February, has recovered to nearly +1, indicating a shift away from the bearish regime. Price-based structural signals are also aligning, with the Structure Shift Composite reaching +0.56. This synchronized improvement suggests the move toward $73,000 may be a broader market transition rather than a short-term rally. Resistance is near $73,698, with support around $62,981.
bitcoinist03/06 10:07