Is The Bitcoin Price Bottom In? Latest On-Chain | Crypto News
As the Bitcoin market continues to expertise a flurry of gross sales, which began in mid-October, current on-chain data paints a considerably optimistic image of the cryptocurrency’s future. The query is — is the Bitcoin backside in?
Is A BTC Price Reversal Imminent?
In a current Quicktake post on the CryptoQuant platform, pseudonymous crypto pundit Sunny Mom shared that a backside formation for the Bitcoin price could also be around the nook. Sunny Mom’s post was based on 4 different on-chain metrics, all trying into the habits of Bitcoin’s market members.
The first of these is the Futures Taker CVD (Cumulative Volume Delta, 90-day) metric, which helps monitor the web distinction between aggressive buy and promote volumes (referred to as taker orders) in the Bitcoin futures market over the last 90 days.
According to the online pundit, the more dominant promote zones (in pink) are turning into impartial zones. This means the leveraged short positions (sometimes held by the most fearful and aggressive of Bitcoin’s market members) are slowly taking their exits, thus pointing to the weakening of these speculative arms.
Next, the on-chain analyst referenced data from the Spot Taker CVD (Cumulative Volume Delta, 90-day) metric. Although the quantity of speculative sellers is declining, the spot CVD still seems to be in the pink. Typically, a ‘red’ studying from this metric suggests that Bitcoin’s holders are still promoting their cash.
Another attention-grabbing event is that the Bitcoin: Stablecoin Supply Ratio (SSR) has fallen to a hallmark low. For context, this metric measures the ratio between Bitcoin’s provide and the provision of stablecoins (like USDT and USDC).
A high SSR signifies that there are fewer stablecoins in comparability to Bitcoin. As an extension, it factors out that there may be decrease shopping for energy to buy Bitcoin in order to ship its price to the upside. On the other hand, a low SSR signifies a relative abundance of stablecoins in contrast to the premier cryptocurrency, suggesting the presence of more potential shopping for energy in the Bitcoin market.
Upon examination of past price motion, it’s obvious that durations where the SSR read ‘significantly low’ have often preceded vital price rebounds of the flagship cryptocurrency. If historical past is something to go by, the analyst inferred that we may be set for another rebound, seeing as the SSR metric at the moment hovers around a historic low.
Lastly, Sunny Mom explained that data from the Adjusted Spent Output Profit Ratio (aSOPR) also helps the general conjecture of an imminent price backside. At the second, the aSOPR reads around 1.0 — a degree whose breach in April 2025 preceded a major price reversal.
Bitcoin Price At A Glance
As of this writing, the price of BTC stands around $102,510, reflecting an over 1% increase in the past 24 hours.
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