Bitcoin Is Bouncing – But These 3 Metrics Decide If the Bull Market Is Returning
Yahoo Finance·2026-01-29 05:32

Bitcoin is rebounding, and it has returned to the higher structure of the high-90,000andlow90,000 and low-80,000 area after temporarily falling to the mid-80,000s.Theshifthasrelievedshorttermdownsidepressure,butmarketevidenceindicatesthattherallyaloneisinsufficienttoindicatethatanewlegofabullmarketisbeginning.Rather,analystsbelievethatthenextstepiswhetheranumberofdeeperregimeindicatorsstarttoreversetoriskon.Atthetimeofwriting,Bitcoinwastradingaround80,000s. The shift has relieved short-term downside pressure, but market evidence indicates that the rally alone is insufficient to indicate that a new leg of a bull market is beginning. Rather, analysts believe that the next step is whether a number of deeper regime indicators start to reverse to risk-on. At the time of writing, Bitcoin was trading around 8 ...