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Bitcoin Updates: Fundamental Changes Extend Bitcoin’s Bull Run, 2026 High on the Horizon

Bitcoin Updates: Fundamental Changes Extend Bitcoin’s Bull Run, 2026 High on the Horizon

Bitget-RWA2025/10/27 07:28
By: Bitget-RWA
- Bitcoin's bull market remains intact as 30 key indicators remain untriggered, suggesting potential extension into early 2026. - Institutional confidence grows with $20.3M ETF inflows and strong on-chain accumulation, while structural factors like macroeconomic trends prolong the cycle. - Geopolitical developments and Fed policy uncertainty create volatility, but Bitcoin's dominance (59.1%) and low selling pressure indicate sustained institutional support. - Analysts highlight undervalued altcoins and cau

According to on-chain analytics platforms and market specialists, Bitcoin's bull run continues to gain momentum, with none of the 30 primary cycle indicators signaling a peak as of October 2025. This has sparked renewed discussions about where the cryptocurrency might head next, with some experts predicting the current upward trend could last into the beginning of 2026.

The

, which tracks data points such as the Bubble Index, Puell Multiple, and Altcoin Season Index, showed no triggers as of October 22. Historically, when at least half of these indicators reach 100%, it has marked a market top. At present, Bitcoin's market dominance stands at 59.1%, and indicators like the MVRV Z-Score (1.94) and Puell Multiple (1.11) point to steady, sustainable growth rather than speculative excess, according to . Blockchain data also indicates that long-term investors hold 15.13 million BTC, with selling activity remaining below key thresholds, supporting the view that institutional and experienced investors are still optimistic, Coinfomania reports.

Bitcoin Updates: Fundamental Changes Extend Bitcoin’s Bull Run, 2026 High on the Horizon image 0

Market sentiment has been swinging between extremes, as shown by the Alternative Fear & Greed Index, which shifted from "extreme greed" to "fear" within a matter of weeks in late 2025, according to

. Despite these sharp changes, Bitcoin's price has demonstrated strength, recovering to $107,983 after surpassing $120,000 earlier in 2025. Technical experts observe that the MACD indicator is showing signs of slowing momentum, but this is generally interpreted as a possible short-term pullback rather than a major downturn, the Lookonchain post notes.

Institutional interest continues to support the bullish outlook. On October 23, Bitcoin ETFs saw net inflows of $20.3 million, with BlackRock's IBIT leading the way. On-chain liquidity data also points to significant accumulation by corporate treasuries and investment funds, according to

. At the same time, exchange reserves have fallen to their lowest levels in years, and miner selling has decreased following the halving, indicating a more robust market environment, as detailed in .

Leading analysts believe that fundamental changes are lengthening the current bull cycle. The Bull Theory suggests that Bitcoin's usual four-year cycle has expanded to five years, influenced by ongoing macroeconomic factors such as extended debt monetization and slower liquidity movement, according to a NewsBTC update. This framework predicts a possible market peak in the second quarter of 2026. Meanwhile, Michaël van de Poppe from Coinedition points out that undervalued altcoins and the absence of widespread retail excitement indicate the market is still in its early stages, as discussed in

.

Broader geopolitical and economic developments add further complexity. The trade agreement between the U.S. and China reached in late October boosted risk assets, pushing Bitcoin to $113,367 and raising the total crypto market value to $3.83 trillion, according to

. Still, investors remain wary ahead of the Federal Reserve's policy meeting on October 29, with markets anticipating a 96.2% probability of a 375–400 basis point rate cut, according to .

With no definitive signs of a market top and strong institutional backing, Bitcoin appears poised to challenge new record highs—though volatility from ETF flows, options expirations, and macroeconomic events may bring instability. As one analyst remarked: "We're still at the very bottom of this entire indicator. There's much more room for growth ahead." Van de Poppe added.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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