Despite the price surging to $74,000 on Wednesday, Bitcoin’s departure from the sub-$70,000 price compression did not last long, with the asset struggling below $68,000 at the time of writing.
As of last month, we’re basically back in the trading range we’re used to, but at least one analyst believes the best of the range is yet to come. $BTC Inter-exchange flow pulse metric.
30 to 40 days until the next rally?
CW pointed out to X the metrics that track flows. $BTC A golden cross has just formed between spot and derivatives exchanges, which served as a catalyst for past “explosive bull markets.” However, so far after such a golden cross was formed, the rise did not occur immediately.
Analysts said it took $BTC It took about 30 days after the bear market ended in 2019 for the rally to begin. In 2023, the required period has been extended by 10 days. As such, CW believes Bitcoin could be as volatile next month as it was last month, but added that “the trend is reversing and an explosive bull market is not far away.”
of $BTC Inter-exchange Flow Pulse (IFP) has formed a golden cross. A golden cross on this indicator signals the beginning of an explosive bull market.
However, the rally did not start immediately after the Golden Cross.
In 2019, an explosive rise began in 30 days… https://t.co/QZDHPO9oZs pic.twitter.com/6oVS7mlG01
— CW (@CW8900) March 7, 2026
Will people who buy Bitcoin late be humiliated?
Merlin the Trader expressed a similar opinion. $BTCThe current cycle and latest movements show that the pattern in cryptocurrencies is very clear and easy to follow. Every time we break above the “blow ceiling”, the all-time high above $126,000 in early October, liquidity dries up, momentum weakens, and the price returns to the macro trend line.
In the current cycle, that level remains around $60,000. He added: $BTC Without losing much-needed benevolent support, “the cyclical structure persists.”
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Bitcoin cycles always humiliate late buyers.
The same pattern occurs every time the top is blown.
Liquidity dries up.
The momentum wanes.
Price returns to the macro trend line.That level is currently near 60K.
Retaining it will keep the cycle structure alive.
If we lose that, history may repeat itself. pic.twitter.com/XpPsAETajM
— Merlijn The Trader (@MerlijnTrader) March 7, 2026
