“This Bitcoin Rally Is Unlike Any Before!” Analyst Firm Claims

Novaque Report: Bitcoin's Rally This Time 'More Sustainable Than Ever'

Bitcoin surges on solid foundation
According to cryptocurrency research firm Novaque Research , Bitcoin’s (BTC) latest price surge is not a one-off phenomenon , but is based on “more resilient fundamentals” than previous cycles.

The report said that selling pressure from miners has decreased significantly, while investor interest and the position of financial institutions are increasing, indicating a structural shift in market dynamics .

Money flow signals and market sentiment reverse positively
Novaque said miner hoarding has returned , ending months of declining reserves, thereby reducing supply pressure and shifting liquidity toward buyers.

In addition, the bid-ask ratio in the spot and futures markets exceeded 1.0, indicating that active buying power is dominant .

“The shift from the indifferent sentiment in late September to strong buying in early October is a clear sign of a reversal in market sentiment,” the report stressed.

Institutional investors return and the possibility of “wiping out” $16 billion in short positions
On the institutional side, short and medium-term open interest volumes in the CME options market increased sharply , reflecting renewed confidence from professional investors .

Novaque commented that new capital is pouring into the market in parallel with the increase in Bitcoin price.

The report concludes that if this trend continues, a “strong recovery” could occur, in which approximately $16 billion in short positions are at risk of being liquidated, providing further momentum for BTC’s growth cycle.