Analyst Shares Strong Bullish Signal for Bitcoin (BTC)! "It came from the USA!"

Bitcoin (BTC)*** failed to meet expectations in the first quarter of 2025 and experienced one of the worst quarters.

However, bullish hopes still remain in the market for the third and fourth quarters.

At this point, one analyst said that US stock market activity is bullish for Bitcoin in 2025.

Analyst Axel Adler stated that US-based cryptocurrency platforms have regained their influence on Bitcoin, which gives an important signal for the rise.

Stating that the US-offshore ratio has exited the downtrend and experienced a reversal, the analyst said that this rise points to the increasing dominance of the US stock markets, and that BTC transfer volumes on US exchanges have started to rise again, in line with previous bull market rallies.

According to the analyst, increasing Bitcoin transfer volumes on U.S. exchanges signal a possible bull run in late 2025.

The “U.S. vs. Offshore Ratio” metric shows the extent to which U.S. exchanges dominate or lag behind offshore platforms in the volume of token transfers.

Essentially, after the ATH in January, the metric fell sharply to a level close to 1, marking a significant decline in U.S. stock market dominance.

However, we are now witnessing a reversal in the metric."

The analyst also noted that an important point in the chart is that the 90-day simple moving average (SMA) crossed above the 365-day SMA. Historically, this transition has preceded large price increases.

“In particular, when Bitcoin was at the $60,000 level, the SMA-90 crossed the SMA-365. A week after this transition, an uptick began, and we are now observing a similar pattern.”

This suggests that a potential price increase could occur in the coming weeks. However, it remains to be seen whether this indicator will start a rise in Bitcoin again.