Bitcoin (BTC) failed to meet its expectations in the first quarter of 2025, with one of the worst quarters.
However, there is still hope for upward trends in the markets in the third and fourth quarters.
At this point, one analyst said that US stock market activity was giving Bitcoin a bullish signal in 2025.
Analyst Axel Adler said the US-based cryptocurrency platform will regain its impact on Bitcoin, and this situation will provide a significant signal to the rise.
Analysts said offshore rates have reversed from a downward trend, indicating an increase in the dominance of the US stock market, with BTC transfers on US stock exchanges beginning to rise again along previous bull market rallies.
Analysts say an increase in Bitcoin transfers on US exchanges indicates the possibility of a Bull Run in the second half of 2025.
The “US-to-Offshore Ratio” metric shows the extent to which the exchanges behind offshore platforms dominate or delay in the amount of token transfers.
Essentially, after the ATH in January, the metric has dropped sharply to a level close to 1, indicating a significant decline in US stock market control.
But we are now witnessing a metric reversal. ”
Analysts also noted that a key point on the chart is the intersection of the 90-day simple moving average (SMA) beyond the 365-day SMA.
“Specifically, Bitcoin is $60,000 and the SMA-90 surpasses the SMA-365. A week after this crossover, the uptrend began and I'm still observing a similar pattern.”
This suggests a potential price rally in the coming weeks, but only time will tell if this indicator will cause another rally in Bitcoin.
*This is not investment advice.
