Bitcoin News

Story: Bitcoin Bear Market? On-Chain Indicator Signals Downturn

By Pankaj K

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Bitcoin (BTC) has faced considerable challenges throughout 2025, failing to build on the momentum it generated during the last months of 2024.

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An analysis of Bitcoin's on-chain metrics by a well-known crypto analyst with the pseudonym "Maartunn" has raised significant concerns about the future price trajectory of the…

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The IFP metric works by observing Bitcoin transfers between spot exchanges, where actual Bitcoin is bought or sold, and derivative exchanges, where traders speculate on price…

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The recent IFP data shows a notable shift, with more Bitcoin moving from derivative exchanges to spot exchanges, signaling that investors are beginning to close their long…

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At the time of writing, Bitcoin is trading at approximately $97,500, with no significant movement in the past 24 hours. Over the past week, BTC has seen a modest 1.

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Bitcoin's current position in the market reflects a broader trend of reduced market risk appetite.

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To make matters worse, the broader cryptocurrency market has been facing headwinds from macroeconomic factors and market uncertainty.

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In conclusion, the recent IFP shift toward bearishness may indicate that the Bitcoin bear market is not just a possibility but a near-term reality.

The Currency Analytics

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