Bitcoin witnessed major setbacks in the first quarter of 2025. After reaching the highest level ever of more than $ 109,000, the leading cryptocurrency fell and remained in a declining direction until mid -March.
After the last recovery, which exceeds $ 88,000, BTC finds itself in a decisive stage on the market trip.
Market health and future trend
Cryptoquant’s joint market index (BCMI) reveals decisive Visions In the health of the assets market. BCMI combines a mixture of feelings and feelings, including MVRV (30 %), NUPL (25 %), SOPR (25 %), fear and greed (20 %). Each scale has a minimum and the maximum specified.
Reading less than 0.15 indicates the intense market fear, and it is often seen as a state of columns and a possible purchase opportunity, while reading above 0.75 greedy signals in the strong market, usually preceded market peaks or corrections. Currently, BCMI is less than 0.5, indicating that Bitcoin was not yet fierce.
This puts the market at a critical crossroads, which mainly indicates two potential scenarios. In the scenario A, the market can suffer from a natural correction in the midst of a continuous bull round. This trend may provide a possible purchase opportunity before increasing the price.
On the other hand, the scenario provides an early decline in the market, which indicates the end of the current bull cycle and the potential start of the bear market.
As such, I advised Cryptoquant,
“Watch the clear direction signals of the BCMI average for 7 days and 90 days.”
BTC can be added from Gamestop retail speculation
Bitcoin witnessed dramatic fluctuations after President Trump’s re -election. So far, his presidency appears to enhance a favorable environment for Bitcoin’s growth. For example, Gamestop Gamestop announced this week this week that the Board of Directors unanimously agreed to a plan to buy Bitcoin with corporate money,
As such, QCP Capital sees the Bitcoin field to outperform the recent tactic. In the latest to updateDigital Asset Trading Company said that Gamestop’s decision to add Bitcoin to its wardrobe, which, although it is not the first case to adopt companies, carries a significant symbolic weight due to the Gamestop.
As history shows, it can challenge the investment of retail coordinated institutional control, as it is clear from the increase in market 2021.
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