NEWSLETTER
As bitcoin (btc) struggles to claim its maximum of all time after a<a target="_blank" href="https://www.newsbtc.com/analysis/btc/bitcoin-price-crashes-hard-77k/amp/” target=”_blank” rel=”noopener nofollow”> Price shock Under the critical brand of $ 80,000, concerns about the future perspective of cryptocurrency have intensified.<a target="_blank" href="https://www.newsbtc.com/bitcoin-news/bitcoin-bearish-lately-cryptoquant-head-chimes/amp/” target=”_blank” rel=”noopener nofollow”> Ki Young JuCryptoquant's Founder and Executive Director (CEO) has taken a step forward with an explanation backed in the chain, arguing that the bitcoin upward market has officially completed.
bitcoin's upward market officially finished
In an x (previously twitter) <a target="_blank" href="https://x.com/ki_young_ju/status/1908537068420304974?s=46″ target=”_blank” rel=”noopener nofollow”>mail On March 5, Ju announced to all and all the diverse that the bitcoin Bull Market is overWith only low conditions waiting for cryptocurrency<a target="_blank" href="https://www.newsbtc.com/bitcoin-news/bitcoin-dips-below-78000-as-tariff-fears-trigger-market-volatility/amp/” target=”_blank” rel=”noopener nofollow”> fall below $ 80,000. He argues that current market indicators, including market capitalization and capitalization, indicate the end of the bitcoin ascending movement during the next six months.
Using these key metrics, he painted an unseading image for investors waiting for a rapid<a target="_blank" href="https://www.newsbtc.com/analysis/btc/bitcoin-price-still-trouble-83500/amp/” target=”_blank” rel=”noopener nofollow”> Price recovery or a short -term bull rally after the recent bitcoin accident. In a detailed breakdown, the CEO cryptocant highlighted the relationship between market capitalization and capitalization made to determine if bitcoin is in a bull or bassist market.
Ju explained that Capitalization carried out It is the real amount of capital that enters the bitcoin market through the activity in the chain. This metric works when tracking when bitcoin enters a blockchain wallet and when he leaves. Through this method, an average cost estimate can be determined for each wallet.
On the other side, bitcoin market capitalization It is based on the last commercial price and does not necessarily reflect the Capital entrance. Ju pointed out that many people often misunderstand this concept, assuming, for example, that a bitcoin purchase of $ 10 directly increases its market capitalization in the same amount. Actually, the market limit is influenced by the balance between the purchase and sale pressure in the order book instead of individual transactions.
Usually, during the upward markets, small capital tickets tend to boost significantly higher prices, which means that the market limit increases, while the limit made is still relatively flat. According to Ju analysis, this trend is no longer the case of bitcoin. Revealed that even large capital entries are<a target="_blank" href="https://www.newsbtc.com/news/bitcoin/bitcoin-price-just-crashed-7-trump-tariff-shock/amp/” target=”_blank” rel=”noopener nofollow”> Do not move the price of bitcoin Higher: a clear indicator of a bearish market.
The btc growth rate table supports the bears market
A Cryptoquant chart supports Ju<a target="_blank" href="https://www.newsbtc.com/news/bitcoin/bitcoin-traders-turn-bearish/amp/” target=”_blank” rel=”noopener nofollow”> bitcoin bearish posture. It shows the difference in the growth rate between cryptocurrency market capitalization and the limit made.
Currently, bitcoin has become red, validating the analysis of the CEO of crypto that, although capital still flows, the market has not been able to respond positively. Historically, such conditions have required at least six months to complete Bear market.
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