Bitcoin Bull Run Imminent as NRPL Metric Signals Upward Momentum

Bitcoin ($BTC) is showing strong signs of entering a new bullish phase, according to the Net Realized Profit and Loss (NRPL) metric. This on-chain indicator, which tracks realized gains and losses across the market, has moved from an overheated zone to a bottom signal—a historical precursor to significant upward momentum. With the current BTC price at 108,379.90 USDT, the NRPL’s trajectory aligns with past cycles that preceded major rallies, suggesting a potential surge in the near future.

NRPL Data Suggests Bitcoin ($BTC) Is Primed for a New Bull Run

Bitcoin, the dominant cryptocurrency by market value, appears poised for another bullish phase according to the Net Realized Profit and Loss (NRPL) metric. This on-chain indicator, which aggregates realized gains and losses across the market, has transitioned from an overheated zone to a bottom signal—historically a precursor to upward momentum.

The NRPL’s current trajectory mirrors past cycles where Bitcoin rallied significantly after similar formations. Market participants now watch for confirmation of this pattern, which could signal the start of a sustained price appreciation period.

Capital Flows Turn Bullish for Bitcoin as Analysts Eye Targets Above $100K

Bitcoin fundamentals have shifted decisively bullish, with technical analyst Willy WOO noting a favorable setup for breaking all-time highs. Capital inflows are accelerating, as evidenced by rising 30-day total network flows and declining speculative activity—a combination that historically signals strong upward momentum.

Market liquidity has returned, according to Woo’s risk signal model, suggesting limited downside pressure during pullbacks. The convergence of fundamental and technical factors creates an environment ripe for price appreciation, with analysts increasingly confident in six-figure price targets.

Top 3 Cryptocurrencies To Watch This Week

The cryptocurrency market has stabilized following a recent recovery, with Bitcoin (BTC) leading the charge. BTC now trades at $94,000, marking a 10% rally over the past fortnight after dipping below $75,000 during the market downturn. The global crypto market cap stands at $3.06 trillion, down 1.4% in the last 24 hours.

Market sentiment appears resilient despite macroeconomic uncertainties. The U.S. has initiated trade negotiations with multiple nations, and a tariff pause may be bolstering investor confidence. Meanwhile, regulatory developments are taking center stage with the appointment of Paul Atkins, a pro-Bitcoin advocate, as the new SEC head. Atkins has prioritized establishing clear crypto regulations in the U.S., a move that could further legitimize the asset class.

Bitcoin Eyes $155K Threshold as Pi Cycle Indicator Signals Bullish Momentum

Bitcoin’s resilience above $91,400 has sparked analyst projections of a potential surge to $155,400, fueled by the Pi Cycle Top indicator’s bullish signal. The cryptocurrency has gained over 14% in April despite geopolitical volatility, now trading NEAR $94,000.

Market sentiment appears decoupled from traditional finance turbulence, with bitcoin demonstrating its characteristic asymmetric upside potential. Ali Martinez and other analysts highlight the $91,400 level as critical support for maintaining this trajectory.

Bitcoin Shows Store-of-Value Traits Amid US Political Uncertainty

Bitcoin’s price action during recent US political turbulence suggests it may be evolving into a true store of value, according to analysis from NYDIG. The cryptocurrency demonstrated unusual decoupling from traditional risk assets during the week ending April 25, displaying characteristics more aligned with non-sovereign monetary instruments than speculative tech stocks.

Greg Cipolaro, NYDIG’s global head of research, observed palpable shifts in Bitcoin’s market behavior. ’The decoupling from traditional risk assets remains early-stage and fragile,’ he noted in a market update, ’but for market participants tracking crypto markets around the clock, the change is unmistakable.’

Bitcoin Greed Gauge Flashes Red While Price Hovers Around $94,000: Next Stop $100,000?

Bitcoin’s relentless rally continues as the cryptocurrency flirts with the $94,000 mark, fueling speculation of an imminent breach of the psychological $100,000 barrier. Market sentiment indicators now flash extreme greed, mirroring levels last seen during the November 2024 U.S. election frenzy.

The Fear & Greed Index suggests the market hasn’t yet reached saturation, with technical analysts noting key resistance levels that could trigger another leg up if decisively broken. Social media metrics reveal a surge in bullish commentary, creating a self-reinforcing cycle of optimism.

Seasoned traders watch these developments with cautious optimism. While the momentum appears strong, history shows such euphoric conditions often precede short-term corrections. The market now balances between technical potential and the risks of overextension.