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Is This The Spark? New Bitcoin Metric Points To Bullish Shift

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Is This The Spark? New Bitcoin Metric Points To Bullish Shift - NewsBTC

Quick Summary:

Here are three possible scenarios: 🚀 Bullish: BTC could surge to… pic.twitter.com/8bZ4vmr2CH — Constantin Kogan (@constkogan) May 4, 2025 Price Target May Hit $175K If Momentum Continues If Bitcoin maintains its momentum and drives the Composite Index to more than 1.0, analysts predict the price to rise sharply.

This suggests that additional buyers are entering the market and faith may be on the rise.📈 The upward momentum in Bitcoin is just starting to build, with on-chain metrics like the Bitcoin Composite Index signaling the beginning of a bull market.

Related Reading: BNB Bulls Target $644 As Classic Chart Formation Emerges Index Reading Indicates A Potential Early Bull Market One gauge, which is referred to as the Bitcoin Composite Index v2.0, is now standing at a reading of 0.8.


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Article Details

Author / Journalist: Christian Encila

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-06 @ 12:30:07 (15 hours ago)

News Timezone: GMT +8:00

News Source URL: newsbtc.com

Language: English

Article Length: 513 words

Reading Time: 3 minutes read

Sentences: 81 lines

Sentence Length: 7 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © NewsBTC

News ID: 28439188

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About NewsBTC

NewsBTC Logo

Main Topics: Crypto

Official Website: newsbtc.com

Update Frequency: 4 posts per day

Year Established: 2013

Headquarters: United Kingdom

News Last Updated: 13 hours ago

Coverage Areas: United Kingdom

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #102

Publisher Details

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The story "Is This The Spark? New Bitcoin Metric Points To Bullish Shift" was covered 15 hours ago by NewsBTC, a news publisher based in United Kingdom.

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It's most recent story was published 13 hours ago.

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  • News ID: #28439188
  • URL: https://goldengate-staging18.beamstart.com/news/is-this-the-spark-new-17465375974918

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