Bitcoin’s ’Peak Signal’ Still Missing—Analyst Predicts Extended Rally Ahead

CryptoQuant's latest analysis suggests Bitcoin's bull run isn't done yet. The missing 'peak signal' historically precedes major price surges—and traders ignoring this might regret it.

Why the rally could have legs

Market cycles show sustained momentum when this metric stays quiet. Meanwhile, Wall Street's latecomers are still trying to explain the last 20% pump.

Warning signs? What warning signs?

While traditional assets flatline, BTC keeps defying gravity. Just don't tell the Fed about the institutional FOMO brewing beneath the surface.

Another day, another 'this time it's different' moment for crypto. At least the volatility beats Treasury bonds.

‘Peak signal’ refers to the metric indicators that say the market is overheated and a corrective phase is approaching.

Analyst AxelAdlerJr said in a thread that Peak Signal appears when “the combined normalized Market to Realized Price Index and 30 day/ 365 day Value Days Destroyed ratio score reaches or exceeds 1.”

The world’s largest crypto rallied past $122,000 on Monday, driven by renewed institutional interest, and favourable policy. However, it retracted and is now trading at $118,231 at press time.

Alexander Zahnd, interim CEO of Zilliqa, calls it a signal that crypto has entered a new phase, where “institutional confidence is driving consistent demand.” He emphasized the quality of the rally this time.

“It’s spot-driven, not built on leverage, and it’s unfolding in a relatively calm market,” he told Cryptonews. “That points to a more mature and resilient structure compared to previous cycles.”

Bitcoin Could Eventually Hit $130K if Momentum Holds

According to Zahnd, Bitcoin’s next bullish key level could be $123,200, with room to push toward $126,500 and eventually $130,000, provided, momentum holds.

However, on the downside, BTC WOULD plunge toward $115,000 or $112,000, which could “still be healthy in the broader trend,” he added.

“At a macro level, concerns about rising debt, persistent inflation, and uncertainty in monetary policy are all reinforcing the idea of bitcoin as a long-term store of value. That dynamic isn’t going away anytime soon.”

Only Broader Institutional Participation Can Propel BTC to $150K Swiftly

Andrejs Balans, risk manager of EU-based fintech platform YouHodler, said that inflows alone will not help propel Bitcoin to $150,000 swiftly.

A broader shift in institutional sentiment could be a major catalyst to drive BTC prices up, Balans told Cryptonews.

Though institutional exposure has increased through ETFs and custody services, senior banking executives have reiterated their cautious stance, describing crypto as an area of interest but not yet a strategic priority.

“Without a broad shift in institutional sentiment, it is unlikely that inflows alone will propel Bitcoin to $150,000 swiftly.”