Bitcoin Fundamental Index Reveals 98% Chance of BTC Breaking $115,000 in May
Bitcoin may have paused below its March record, yet fresh analysis from Swissblock Technologies shows no evidence of a bearish reversal.
The private wealth manager’s Bitcoin Fundamental Index, or BFI, measures network health across several indicators.
Despite two sharp pullbacks since February, BFI never dropped into its weakness zone.
Analysts say that stability argues against the idea that a topping pattern is forming.
Swissblock wrote, “A lot of noise about a potential double top as $BTC struggles to break ATH,” but the data remain supportive of a renewed push higher.
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