Bitcoin price always rallies at least 50% after these two patterns emerge
Bitcoin price rallies often correlate with easing US Federal Reserve policy expectations, low crypto market leverage, and strong retail data. Historical surges of 50% or more occurred under these conditions, notably from $40,000 to $73,500 in early 2024 and from $16,700 to $25,100 in early 2023. In January 2024, Bitcoin rose 84% after a low perpetual futures funding rate of 4% and better-than-expected retail sales data. Similarly, a 50% increase from January to February 2023 followed a surge in funding rates and positive retail sales. A 76% rally from July to September 2021 was driven by a spike in funding rates and strong retail sales data. Future Bitcoin price movements may depend on upcoming Federal Reserve communications and retail sales data releases.
