Bitcoin News

Story: Bitcoin’s Market Shift: Entering a Bear Phase

By James Thorp

1 / 12

Reshaping Market Momentum. One of the primary indicators pointing to a market shift is the Maartuunn’s 60-day Coin Days…

2 / 12

Market Cycles: A Changing Landscape. Another crucial indicator is CryptoQuant’s Bull-Bear Market Cycle Indicator, which offers an…

3 / 12

The Role of the Bitcoin Mining Economy. Another factor influencing Bitcoin's potential shift is the Hash Price, a key relationship between…

4 / 12

Capitulation Events and Realized Profit Losses. Bitcoin's Realized Profit and Loss chart offers another valuable insight into current market…

5 / 12

Conclusion. Bitcoin’s market dynamics in early 2025 suggest that it may be entering a bearish phase.

6 / 12

Bitcoin's [BTC] market dynamics in early 2025 have shifted dramatically, suggesting a potential transition from a bullish to a bearish phase.

7 / 12

For context, Coin Days Destroyed refers to the activity of long-term holders spending or selling their Bitcoin.

8 / 12

Historically, negative readings on this indicator have preceded bear markets, which are typically characterized by declining prices and heightened selling.

9 / 12

Another factor influencing Bitcoin's potential shift is the Hash Price, a key relationship between Bitcoin’s price and the cost of mining. The BTC Price vs.

10 / 12

Currently, Bitcoin's Hash Price is at a low, which may indicate that Bitcoin is nearing a price bottom.

11 / 12

This capitulation event mirrors the August 2024 market bottom, which followed Japan’s interest rate hike.

12 / 12

Bitcoin’s market dynamics in early 2025 suggest that it may be entering a bearish phase. The shift from a bull market is highlighted by the increase in long-term holder activity,…

The Currency Analytics

Want the full story?