Bitcoin Growth Rate Indicator Signals Bullish Continuation – Analyst

Bitcoin has entered a consolidation phase after briefly pushing above the $120,000 level, marking a significant milestone in its ongoing bull cycle. Despite the temporary pause in upward momentum, bulls remain firmly in control as the broader landscape continues to improve. Global adoption is steadily accelerating, and in the US, the introduction of legal clarity—particularly through the GENIUS Act—is helping set the foundation for long-term growth in the crypto sector.

Top crypto analyst Darkfost recently shared insights suggesting that Bitcoin’s trend remains intact, with the growth rate indicator maintaining a bullish trajectory. This resilience comes after a period marked by volatility and market uncertainty, where clear direction was often hard to discern. According to Darkfost, the current environment offers a far more constructive setup, driven by improving macroeconomic clarity and institutional interest.

With Bitcoin now consolidating above a major psychological level, market participants are watching closely for the next leg of the move. Whether a breakout occurs in the near term or after a longer consolidation, sentiment remains largely optimistic. The strength of the trend and underlying fundamentals suggest that this is likely just another pause in a much broader uptrend for the digital asset.

Bitcoin Market Outlook: Growth Signal Holds As Macro Clarity Improves

According to Darkfost, the Bitcoin growth rate indicator—measured by comparing Bitcoin’s Market Cap to its Realized Cap—continues to signal that the bull market remains intact. This metric has proven reliable in identifying broad market trends, and its current momentum reflects continued strength. After months of volatility and a highly stressful market environment, the latest data suggest that the worst of that phase has passed, giving the market much-needed room to breathe.

Darkfost notes that we are now transitioning from uncertainty to clarity. While the macroeconomic picture is not yet fully stable, there are growing signs of normalization. Market participants are closely watching the US Federal Reserve, as policymakers weigh further steps to regain control over inflation and restore market confidence. Although the process will take time, the foundation for long-term stability appears to be forming.

Geopolitically, trade tensions remain a variable. The impact of tariffs imposed under the Trump administration has not been fully absorbed, and this week brought new developments from Trump signaling a renewed push on trade policy. Yet, despite these pressures, risk appetite has returned.

BTC Price Analysis: Consolidation Range In Focus

The 12-hour chart shows that Bitcoin is currently consolidating just below the $120,000 mark after reaching a local high at $122,077.61. The price is holding within a defined range between this high and support around $115,724.12. So far, bulls have defended the $115K zone well, signaling continued strength despite a slowdown in upward momentum.

The moving averages are in bullish alignment: the 50 SMA is trending above the 100 and 200 SMAs, with the 50 SMA currently at $112,152.29 and climbing. This structure supports the view that the broader uptrend remains intact. However, the lack of volume spikes during this phase suggests the current consolidation may persist before the next breakout attempt.

If Bitcoin holds above $115,700 and breaks above $122,000 with strong confirmation, we could see a renewed push toward uncharted territory. On the other hand, a breakdown below $115,700 could lead to a deeper retracement toward the 50 SMA or even the $110K region.

Featured image from Dall-E, chart from TradingView