Signs of a potential major Bitcoin $BTC rally are lighting up across the crypto landscape, as analysts point to a confluence of key indicators that have historically preceded sharp price increases. With Bitcoin currently trading between $90,000 and $100,000, many experts believe a breakout to a new all-time high may be imminent.
Renowned Bitcoin advocate and macroeconomist Robert Breedlove has drawn attention to two crucial metrics: the average cost to mine Bitcoin and the behavior of long-term holders. Both factors are flashing bullish signals that have reliably predicted market bottoms and rallies in the past.
Mining Costs: A Key Market Floor
Breedlove references a recent study by Blockware, a firm that monitors the average cost of mining Bitcoin — a calculation that considers electricity prices, hardware efficiency, and other operational inputs. Historically, when Bitcoin’s price nears or dips below this cost, the market tends to bottom out.
“This model has accurately identified six major Bitcoin market lows in the past,” Breedlove stated. “And now, it’s flashing that same signal again.”
The logic is simple: if it becomes unprofitable to mine Bitcoin, supply slows as miners shut down or consolidate. This reduction in supply often sets the stage for a price rebound. As prices rise back above mining cost, miners re-enter the market, reinforcing the bullish momentum.
Long-Term Holders Tighten Supply
Another major factor is the behavior of long-term Bitcoin holders — wallets that have held BTC without moving it for at least 155 days. These investors are often seen as the market’s “strong hands,” with little interest in selling during temporary price swings.
In the past 30 days, these long-term holders have added roughly 150,000 Bitcoins to their wallets. Breedlove highlights this as a sign of growing confidence and tightening supply.
“When accumulation happens during sideways or declining markets, it’s often the calm before the storm — a big rally,” he said. “And the fewer people willing to sell, the more explosive the price action can become when demand returns.”
This supply squeeze dynamic is a familiar pattern in Bitcoin’s history. As fewer coins are available for sale, upward price pressure intensifies — especially when combined with new demand from institutional investors, ETFs, or retail buyers.
What’s Next?
With mining cost support holding strong and long-term holders aggressively accumulating, the stage appears set for another bullish phase in Bitcoin’s cycle. While markets are never guaranteed, these historically reliable indicators suggest that Bitcoin’s next all-time high could be just around the corner.
As always, investors should exercise caution and do their own research, but the signals are clear: Bitcoin’s fundamentals remain strong, and the next major move could be upward.
