Bitcoin Breaks All-Time High Record as Risk-Off Metric Plunges to Record Low

Recent data indicates Bitcoin could reach new highs soon, with the Bitcoin Risk-Off signal dropping to its lowest point since 2019. This drop coincides with a surge in institutional interest and DeFi activity, signaling potential for bullish market trends. The signal, which assesses correction risk based on onchain and exchange data, dropped to 23.7, indicating low risk for a price correction. The last time the Risk-Off Signal hit such a low level was on May 5th, 2025, signaling potential for further growth from this historically bullish environment. Analysts point to increasing institutional investments through the launch of spot Bitcoin ETFs in the US and growing public company holdings of Bitcoin as key factors driving this recent surge. The indicator’s historical correlation with past price increases, including a staggering 1,550% rally that saw Bitcoin soar to $68,000 in 2021, adds further weight to its predictions. Furthermore, the Macro Chain Index (MCI) has flashed a strong buy signal for the first time since 2022, indicating potential for significant gains over the coming weeks. Bitcoin’s growing influence as a hedge against inflation and increasing mainstream adoption also plays a key role in this bullish outlook. While recent data points to a slight decline in network activity, analysts suggest this lull could represent an opportunity for long-term investors. Remember, this article offers no investment advice and readers are encouraged to conduct their own research before making any trading decisions.