Bitcoin Derivatives Turn Bullish as Integrated Market Index Hits 96 After 178 Hours in Bear Zone

On March 16, Bitcoin's Integrated Market Index climbed to 96, its highest level in 30 days, after roughly 178 hours in a bearish phase that began on February 15. Analyst Axel Adler Jr.'s model now places BTC's 30-day fair value near $70,000 while spot prices briefly moved above $74,000, signaling renewed buying pressure in both futures flows and open interest.