Why trust?
Editorial policy is strict and focuses on accuracy. Relevance, and neutrality.
Designed by professionals and carefully reviewed
Highest standards of reporting and publication
A strict editorial policy that emphasizes accuracy, relevancy, and impartiality
Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.
A recent CryptoQuant Quicktake by burakkemeci indicates that Bitcoin is starting to reverse its downward trend after several weeks. BTC broke through $100,000 for the very first time since Feb. 3.
Bitcoin: Is the trend about to reverse?
Bitcoin has a price of slightly more than $100,000 at the moment of this writing. It is still about 5.2% off its January 20th all-time record high of $108,786. Bitcoin, the world’s leading cryptocurrency, has made an impressive recovery of more than 20% since its low point of $74,508 on April 6, 2018.
Related Reading
Crypto analyst burakkemeci said that the CryptoQuant bull-bear market cycle indicator is blinking in their analysis. early signs A potential trend reversal could be bullish. Analyst noted:
With Bitcoin surging back above $100K, the indicator has started flashing bullish signals again – for the first time in weeks. Even though the indicator is not strong (coefficient 0.029), it is nonetheless encouraging to see a shift in the direction of positivity.
The CryptoQuant Bull Bear Market Cycle indicator, also known as the on-chain Bull-Bear Market Cycle tool, is a tool that compares price momentum with investor behaviour trends to track long-term and shorter-term market sentiment. It uses two key components – the 30-day and 365-day moving averages (MA) – to identify shifts between bull and bear cycles.
The analyst noted that the Bull-Bear 30 day MA had begun to move upward. The historical trend suggests that Bitcoin price may enter a period of rapid growth if this metric crosses over the 365-day MA.
Recent macroeconomic development may support Bitcoin’s bullish narrative. Julien Bittel of Global Macro Investor’s Head of Macro Research recently discussed the link between global M2 and BTC prices.
Bittel posted a chart overlaying BTC’s current price and the money supply M2, adjusted to a 12-week delay. Data shows a sharp increase in global liquidity from early 2025. This suggests that BTC may follow the trend in coming months and keep rising.
Warning Signs Still Linger For BTC
Even though recent signals have been bullish, they are not universal. Analysts have warned that the recent rally may be a blip. accompanied Increase the chance of local top formation by taking excessive profits.
Related Reading
Recent analysis shows BTC Demand Momentum has not yet risen above the negative zone. This analyst pointed out that the market’s behavior is most common during macro-level consolidation or late-cycle phase distribution.
The Stochastic Relative Strength Index of Bitcoin (RSI), which measures the relative strength between Bitcoin and other currencies, is starting to rise. reflect Renewing bullish momentum. BTC is trading at $103,444, an increase of 4% over the last 24 hours.
Charts created using CryptoQuant charts, X, TradingView.com and Unsplash.
“This article is not financial advice.”
“Always do your own research before making any type of investment.”
“ItsDailyCrypto is not responsible for any activities you perform outside ItsDailyCrypto.”
Source: www.newsbtc.com
