{"id":19574,"date":"2025-04-30T12:15:00","date_gmt":"2025-04-30T12:15:00","guid":{"rendered":"https:\/\/gold.creditcard\/bitcoin-macro-indicator-that-predicted-2022-bottom-flashes-buy-signal\/"},"modified":"2025-04-30T12:15:00","modified_gmt":"2025-04-30T12:15:00","slug":"bitcoin-macro-indicator-that-predicted-2022-bottom-flashes-buy-signal","status":"publish","type":"post","link":"https:\/\/gold.creditcard\/es\/bitcoin-macro-indicator-that-predicted-2022-bottom-flashes-buy-signal\/","title":{"rendered":"Bitcoin macro indicator that predicted 2022 bottom flashes 'buy signal'"},"content":{"rendered":"

Key takeaways<\/strong>:<\/p>\n

Macro Chain Index issues first buy signal since 2022, hinting at a new Bitcoin bull run.<\/p>\n

RSI crossover on the MCI aligns with past cycle bottoms that preceded 500%+ BTC rallies.<\/p>\n

Bitcoin price recovers from $74K to $95K amid rising open interest and positive funding rates.<\/p>\n

A key Bitcoin (BTC<\/a>) indicator that accurately signaled the 2022 market bottom has just flashed another buy signal, suggesting the cryptocurrency may be entering a new bull phase.<\/p>\n

Bitcoin metric hints at \u201cabsolute bottom\u201d<\/h2>\n

Dubbed the Macro Chain Index (MCI)<\/a>, the indicator is a composite of several long-term on-chain and macroeconomic metrics. <\/p>\n

It analyzes factors such as accumulation behavior, network activity, and supply trends, helping identify whether Bitcoin is undervalued or overvalued relative to its historical cycle position.<\/p>\n

The most important part of the current chart is the RSI (Relative Strength Index<\/a>) of the MCI (purple). In April, the RSI crossed above its 52-week moving average (yellow), which has historically confirmed the start of Bitcoin bull runs.<\/p>\n

Bitcoin macro chain index. Source: Alpha Extract<\/em><\/p>\n

This RSI crossover previously appeared in 2015 ahead of Bitcoin\u2019s surge to $20,000, in 2019 before the run to $65,000, and in late 2022 just before BTC bottomed near $15,500.<\/p>\n

If historical patterns hold, the April 2025 crossover means the beginning of a new bull run, particularly as several other indicators also point to Bitcoin breaking above its key psychological resistance at $100,000<\/a>.<\/p>\n

\u201cOur Macro Chain Index fired a long signal, the first buy signal since 2022, when it successfully went long at the absolute bottom,\u201d Alpha Extract, the creator of the Macro Chain Index, stressed further, adding: <\/p>\n

\u201cConsidering that the fundamentals align and the market structure is gradually following, this is a significant call, imho.\u201d<\/p>\n

Related: <\/strong><\/em>Bitcoin price always rallies at least 50% after these two patterns emerge<\/strong><\/em><\/a><\/p>\n

Bitcoin dipped by as much as 32% after establishing a record high of nearly $110,000 in January, a sharp decline caused primarily by US President Donald Trump\u2019s global trade war<\/a>. <\/p>\n

BTC\/USD weekly price chart. Source: TradingView<\/em><\/p>\n

BTC formed a local low below $74,450 in early April, but has since recovered to around $95,650 amid signs that it is \u201cdecoupling<\/a>\u201d from an otherwise bearish US stock market.<\/p>\n

Bitcoin open interest rises by $2.2 billion in April<\/h2>\n

Bitcoin\u2019s recent price rebound is gaining strong support from futures markets, especially on Binance.<\/p>\n

Between January and early April, open interest<\/a> (OI) on the exchange dropped<\/a> from $11.9 billion to $7.5 billion, marking a 36.9% decline and signaling reduced confidence and lower leverage during the market downturn. But the trend flipped in mid-April.<\/p>\n

Over the past three weeks, traders have pushed open interest up by 29.3%, from $7.5 billion to $9.7 billion, aligning with Bitcoin\u2019s price rise in spot markets.<\/p>\n

Bitcoin open interest (Binance) daily chart. Source: CryptoQuant<\/em><\/p>\n

This synchronized rise in price and open interest shows that traders are entering new long positions, not just closing shorts. It signals growing confidence in Bitcoin\u2019s upside.<\/p>\n

Funding rates<\/a> have also stayed mostly positive, which means long-position holders are paying short sellers, a typical sign that the market expects higher prices.<\/p>\n

Bitcoin funding rates. Source: CryptoQuant<\/em><\/p>\n

The rising open interest and positive funding rates are showing renewed bullish momentum, adding weight to the argument that Bitcoin could continue climbing toward $100,000 in the coming days.<\/p>\n

This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.<\/p>","protected":false},"excerpt":{"rendered":"

Key takeaways: Macro Chain Index issues first buy signal since 2022, hinting at a new Bitcoin bull run. RSI crossover on the MCI aligns with past cycle bottoms that preceded 500%+ BTC rallies. Bitcoin price recovers from $74K to $95K amid rising open interest and positive funding rates. A key Bitcoin (BTC) indicator that accurately […]<\/p>","protected":false},"author":0,"featured_media":19575,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"_eb_attr":"","site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[9],"tags":[],"class_list":["post-19574","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-digital-finance"],"_links":{"self":[{"href":"https:\/\/gold.creditcard\/es\/wp-json\/wp\/v2\/posts\/19574","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/gold.creditcard\/es\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/gold.creditcard\/es\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/gold.creditcard\/es\/wp-json\/wp\/v2\/comments?post=19574"}],"version-history":[{"count":0,"href":"https:\/\/gold.creditcard\/es\/wp-json\/wp\/v2\/posts\/19574\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/gold.creditcard\/es\/wp-json\/wp\/v2\/media\/19575"}],"wp:attachment":[{"href":"https:\/\/gold.creditcard\/es\/wp-json\/wp\/v2\/media?parent=19574"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/gold.creditcard\/es\/wp-json\/wp\/v2\/categories?post=19574"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/gold.creditcard\/es\/wp-json\/wp\/v2\/tags?post=19574"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}