Bitcoin (BTC) Price: VanEck's Buy Signal Activated

Bitcoin (BTC) Price: VanEck's 'Buy' Signal Activated

Summary:
Recent indicators in the cryptocurrency market show strong bullish signals, suggesting a potential bullish turnaround for Bitcoin. VanEck's MarketVector Crypto Heat Index has signaled a buying opportunity for the first time since April. As analysts watch closely, Bitcoin could soon reach significant price milestones.

Key Takeaways:

The MarketVector Crypto Heat Index has triggered a "Buy" signal for Bitcoin.
This is the first such signal since early April 2025, which correctly predicted a market bottom.
Currently, the index shows Bitcoin is in the "Undervalued" zone at 16.8%.
Historical data suggests that "Buy" signals typically lead to notable price increases for Bitcoin.
Popular analyst John Bollinger sees Bitcoin on the verge of a significant breakout, potentially pushing the price to $100,000.

Bullish Signals Emerge in the Crypto Market

Technical and market sentiment indicators across the wider cryptocurrency sector are displaying some of their most substantial bullish signs in months. The prolonged "capitulation phase" experienced in late 2025 appears to be coming to an end.

Martin Leinweber, a Digital Asset Product Strategist at MarketVector, a VanEck subsidiary, shared on Monday that the MarketVector Crypto Heat Index has activated a "Buy" signal for Bitcoin for the first time since early April. This signal is particularly significant as it successfully marked a critical point during the major market correction fueled by rising trade tensions between the U.S. and China.

Understanding the MarketVector Crypto Heat Index

The MarketVector Crypto Heat Index assesses the market's "temperature" by categorizing it into three zones: undervalued (0–25%), neutral (25–75%), and overheated (75–100%). Currently, the index stands at 16.8%, placing Bitcoin firmly in the "Undervalued" category.

The signaling event coincided with the 20-day Simple Moving Average (SMA) of the index crossing above its 50-day SMA while remaining in undervalued territory.

Historical Significance of 'Buy' Signals

Historically, 'Buy' signals generated by this index have preceded an average return of 20.4% over 90 days and an impressive 76.7% return over one year for Bitcoin.

As previously reported by U.Today, renowned technical analyst John Bollinger notes that Bitcoin is at a crucial "make-it-or-break-it" juncture. He has identified a "near-perfect base" which could propel the asset into six-figure territory.

Potential Price Breakout for Bitcoin

Should a breakout occur, Bollinger suggests Bitcoin could rise to $100,000 or even higher. Currently, Bitcoin is trading at $93,662 following a slight decline in its value.

This convergence of favorable technical indicators and the insights from prominent analysts signals that Bitcoin investors should keep a close eye on upcoming market movements.