“On -chain Valuation Puts the Key Threshold at the Trader’s Realized Price of $ 116,000, and A Multueek Break Above that Could Cold Set The Stage for $ 200,000.”, – WRITE: www.coindesk.com
Apparent Demand Has Grown at A Rate of Roughly 62,000 BTC Per MONTH, ACCORDING TO CRYPTOQUANT, A BACKDROP SIMILAR TO Q4 OF 2020, 2021 And 2024 WHEN PRICES STGERPS.
Sustaned Growth in Demand Has Historically Served As One of the Backdrops for Price Rallies to Occur,
Much of that Expansion is Being Driven by Whales and etfs. Large-Holder Balances Are rising at and Annualized Pace of 331,000 BTC, A Stronger Trend Whose 255,000 BTC Recorded In Q4 2024, The 238,000 Btc at the Start of The Start of Q4 2020 Contraction that marked the Weaker Market in 2021.
ETFS COURCK ADDHER LAYER LAYER AS The PRODUCTS BOUGHT 213,000 BTC IN Q4 2024, A 71% Jump in Holdings, and May Be Positioned to Increase Allocations Into Year-End.
For that demand to translate into another Breakout, Momentum on the Price Side is Still Critical. On -chain Valuation Puts the Key Threshold at the Trader’s Realized Price of $ 116,000.
A Decisive Move Above That Level Wuld Mark The Transition Back Into the “Bull” Phase of the Bull-Bear Market Cycle Indicator and Could Open Up A VALUATION OF $ 160.000.
The Indicator Compares Bitcoin’s Current Market Price with Several Realized Price Metrics-The AVERAGE COST BASIS OF DIFFERENT GROPS OF INVESTORS RECORDED ON-CHAIN.
WHEN SPOT PRICE CLIMBS ABOVE TOSE Levels, The Model Interprets It As A Shift Into the “Bull” Phase, Reflection Rising Momentum and Profits Across The Holder Base. WHEN SPOT PRICE FALLS BLOW, IT FLAGS The “BEAR” PHASE, Signaling Stress and Unrealized Losses.
Market Conditions Entering October Look Strikingly Similar to Last Year.
Cryptoquant’s Bull Score Index Held Between 40 and 50 in Recent Days, Levels that Historical Mark the Edge of Bullish Conditions. In 2024, The Index Broke Above 50 at Start of Q4, Just Before Bitcoin Surged from AROUND $ 70,000 to $ 100,000.
With Demand Metrics Already Strengthaning, Traders Are Watching Closely for A Repeat of That Pattern in the MONTHS AHEAD.
Combined Spot and Derivatives Trading on Centralized Exchanges Surged 7.58% to $ 9.72 Trillion in August, Marking The Highest Monthly Volume of 2025
- Combined Spot and Derivatives Trading on Centralized Exchanges Surged 7.58% to $ 9.72 Trillion in August, Marking The Highest Monthly Volume of 2025
- Gate Exchange Emerged As Major Player With 98.9% Volume Surge to $ 746 Billion, Overtaking Bitget to Become Fourth-Largest Platform
- Open Interest Across Centralized Derivatives Exchanges Rose 4.92% to $ 187 Billion
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ETF SPECULATION FLOWS THAT COLD RE-ANCHOR MEMECOIN Bids Across Doge and Shib.
- Dogecoin’s Price FlCTUATED WITHIN A 5% Range Before Setting Near $ 0.261 After Institutional Liquidation.
- Analysts Highlight Potential Upside Due to An Ascending Megaphone Pattern and Bullish Divergence.
- Traders Are Watching for Stability Above $ 0.260 and Potential Retests of Key Support Levels.
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