Bitcoin: Analyst Foresees Potential Final Surge Before Bull Market Ends
As the cryptocurrency market continues to fluctuate, an intriguing prediction has emerged regarding the future of Bitcoin. According to a recent analysis, the leading cryptocurrency may not have reached its peak yet, with one final surge potentially on the horizon before the current bull market concludes.
Bitcoin Boom Still In Play? Analyst Predicts Final Leg Up
According to a CryptoQuant Quicktake post, Bitcoin (BTC) may not have reached the peak of the current market cycle. A key on-chain metric suggests that there could be one final surge for the leading cryptocurrency before this bull market concludes. Data from CoinGecko shows that Bitcoin has dropped over 23% since its ATH of $108,786 on January 8 due to global macroeconomic uncertainties. Despite this, CryptoQuant contributor Crypto Dan believes Bitcoin still has room to grow based on the ratio of BTC volume traded over a six to 12-month period.
Why Bitcoin Might Not Break $90k This Quarter
Bitcoin is currently in an undervaluation zone, marked by sharp sell-offs followed by strong rebounds. The 30-day realized supply metric indicates that Bitcoin is approaching an undervaluation phase. Historically, such conditions have preceded significant market movements. Realized supply refers to the total amount of Bitcoin that hasn’t been moved in a certain period, providing insight into trading activity. High realized supply suggests increased activity, while low realized supply may indicate that Bitcoin is being held by long-term investors or dormant addresses.
Polymarket Bettors Predict 2025 Recession Odds Over 50% Amid Market Decline
Following Donald Trump’s unveiling of sweeping global tariffs, 60% of Polymarket bettors now predict a 2025 recession, a nine-point jump in 24 hours. The Dow crashed nearly 3,700 points in two days, but Bitcoin climbed to over $84K, potentially signaling investor flight to digital hedges. Trump’s aggressive trade rhetoric has sent shockwaves through financial and prediction markets, fueling fears of an economic slowdown.
Bitcoin Keeps Rebounding—But Is Momentum Really Turning Bullish?
Bitcoin has seen another bounce in the past day, continuing a series of rebounds. On-chain analytics firm Glassnode discussed the Realized Profit/Loss Ratio for Bitcoin in its latest weekly report, which measures the ratio between the profit and loss being realized by holders. This indicator helps study investor reaction to price volatility by examining each coin’s transaction history to find its previous transfer price.
Bitcoin Price Correlation with M2 Money Supply Signals a Bullish Q2
The milestone comes amid escalating economic uncertainty following former President Donald Trump’s new tariffs and China’s retaliatory measures, which have roiled global markets. Despite the extreme volatility over the past two weeks, Bitcoin’s average value has remained almost unchanged. Analysts claim that Bitcoin’s latest volatility reflects macroeconomic fears, but it is nowhere NEAR a bear market. This is largely due to the historical correlation between rising M2 levels and significant Bitcoin rallies. M2 is a broad measure of a country or region’s money supply.