Bitcoin’s Bull Cycle Over? This Critical Metric Says It Might Be
Bitcoin’s (BTC) prolonged downturn over the last two months has raised speculation about the end of the bull cycle and the onset of a bear market. While several market analysts continue to predict the cryptocurrency’s short-term price trajectory, only on-chain data and metrics can paint a clear picture.
A weekly report from the market intelligence platform CryptoQuant says the Bitcoin Bull Score Model can tell if this drawdown is a temporary correction or the start of a prolonged downturn. Unfortunately, this metric does not paint a bullish scenario for BTC.The Bull Score Model
According to CryptoQuant, the Bull Score Model assesses the investment environment for BTC by evaluating nine on-chain indicators and one market metric. Each metric acts as a binary indicator of market conditions and is assigned a value of 1 (bullish) or 0 (bearish) based on rules that evaluate network activity, market liquidity, demand, and investor behavior.
The metrics include the Market Value to Realized Value (MVRV) Ratio, the Bitcoin Profit and Loss Index, the Bull-Bear Market Cycle Indicator, and the Inter-Exchange Flow Pulse (IFP). The Bitcoin Bull Score Model also includes indicators like the CryptoQuant Network Activity Index, Stablecoin Liquidity, Bitcoin Demand Growth, Trader On-chain Profit Margin, Trader Realized Price, and Technical Signal.
Currently, only two out of the ten metrics – Stablecoin Liquidity and Technical Signal – are flashing bullish signals,signifyinga predominantly bearish market. CryptoQuant said such conditions reveal a lack of strong fundamentals to support and sustain a price rally or recovery.
“We can observe that the metrics have switched between bullish and bearish phases multiple times, with extended periods of green indicating strong bullish cycles and prolonged stretches of red corresponding to market conditions. Recently, a significant number of metrics have turned red, particularly since mid-February 2025,” the market analytics platform added.Bitcoin’s Bull Cycle is Over
Some metrics, like the Network Activity Index, have been bearish since December 2024,signalinga sustained reduction in network activity. Overall, these metrics are at their least bullish state since January 2023.
The Bull Score Model measures the percentage of bullish metrics from 0 to 100, with the former being bearish and the latter being bullish. During past bull markets, BTC has experienced strong rallies with the Bull Score at 60 and above. However, whenever the Bull Score falls below 40, the cryptocurrency has witnessed prolonged downturns aligned with bear markets.
Bitcoin’s Bull Score is currently at 20 – its lowest level since January 2023 – signaling a weak investment environment and low chances of a sustained rally in the near term.
$BTC
pi/usdt fund flow analysis
Overall Trend Analysis
The charts primarily focus on fund flow analysis for the PI/USDT trading pair. This means we're looking at the volume of buy and sell orders to gauge market sentiment and potential price movement.
Key Observations:
Dominance of Large Orders: The largest volume of both buy and sell orders comes from the "Large" category. This indicates that significant players (whales, institutions) are driving the market for PI/USDT.
Sell-Side Pressure: The "Large" sell orders (18.07M) are slightly higher than the "Large" buy orders (16.81M). This suggests some selling pressure from larger holders.
Small Order Sell Bias: Small sell orders (671.56K) significantly outweigh small buy orders (408.58K), indicating potential retail investor profit-taking or a lack of confidence in the short term.
5-Day Net Inflow Negative: The 5-day large order net inflow is negative (-25248804). This implies that over the past 5 days, large sell orders have significantly exceeded large buy orders, suggesting a bearish trend.
24-Hour Net Inflow Positive but Volatile:
The 24-hour net inflow shows positive values in the last 24 hours, but there's significant volatility. This could indicate short-term buying interest but with uncertainty.
Where Do the Remaining Orders Go?
The "remaining" orders after the deduction of buy and sell don't "go" anywhere in a physical sense. Instead, they are reflected in the price movement of PI/USDT.
Here's how it works:
Order Book Matching: When you place a buy or sell order, it goes into the exchange's order book. The exchange's matching engine tries to find a corresponding order (sell for buy, buy for sell) at the same price.
Price Impact: If there are more buy orders than sell orders at a given price, the price tends to rise as buyers compete to get their orders filled. Conversely, if there are more sell orders than buy orders, the price tends to fall.
Unfilled Orders:
Any unfilled portion of your order remains in the order book until it's either filled or canceled.
Market Makers:
Market makers play a crucial role in providing liquidity by placing both buy and sell orders. They profit from the spread (the difference between the buy and sell price).
In the context of the charts:
The net inflow (buy minus sell) reflects the overall buying or selling pressure.
A negative net inflow (like the 5-day) means there's more selling, pushing the price down.
A positive net inflow (like parts of the 24-hour) means there's more buying, potentially pushing the price up.
Important Note:
Fund flow analysis is just one piece of the puzzle. It's essential to consider other factors like technical analysis, news sentiment, and overall market conditions when making trading decisions.
disclaimer :
don't agree with me do your investment at your own research and risk.
With an 11% gain, PI is holding at the $1 level.The daily trading volume has jumped over 40%.
With an 11% gain, PI is holding at the $1 level.The daily trading volume has jumped over 40%. The crypto market remains trapped in fear, with the Fear and Greed Index lingering at 27. Leading cryptocurrencies are stuck near their previous lows, unable to break higher. Meanwhile, PI has defied the trend, climbing over 11.78%. In the early hours, the asset traded at around $0.8618, and the wake of bulls triggered the price to climb toward the $1.13 mark. PI’s mighty resistance zones should be tested to reinforce the bullish wave. At the time of writing, PI traded within the $1 range, with its market cap reaching $6.79 billion. Concurrently, the asset’s daily trading volume has touched $790 million. Notably, over the last seven days, PI has lost over 31.56%. The asset began trading in the $1.46 range, and the weekly high and low prices are observed at around $1.55 and $0.8666. Can PI Hold Its Ground? The four-hour candlestick of PI reinforced the potent bear pressure within the market. The bears could likely retrace the price to the $0.9857 range. A deeper correction might drive the asset down to the $0.96 support zone. Should the bulls make a comeback, PI might target the $1.0998 resistance in the next move. Upon clearing this crucial range, the asset could kickstart a bull run, triggering the price to climb to the $1.19 level. PI’s Moving Average Convergence Divergence (MACD) line has crossed over the signal line, infers the bullish momentum. However, both are stationed below the zero line, suggesting the overall trend is within the bearish territory. In addition, the Chaikin Money Flow (CMF) indicator staying at -0.17 signals that bears are in control of the market with the capital flows out of the asset. Meanwhile, the daily trading volume of PI has surged by over 40.70%. The Bull-Bear Power (BBP) reading of -0.0933 hints that bears are slightly stronger than bulls. Moreover, the daily relative strength index (RSI) of PI at 40.60 indicates that the asset is in a neutral to slightly bearish zone. Disclaimer: The opinion expressed in this article is solely the author’s. It does not represent any investment advice. TheNewsCrypto team encourages all to do their own research before investing.
$PI
Bitcoin (BTC) Future Price Performance Outlook and Predictions
Bitcoin ($BTC ), the world's first and most prominent cryptocurrency, has captivated investors, institutions, and governments since its inception in 2009. Over the years, Bitcoin has experienced meteoric rises, dramatic crashes, and periods of consolidation, making it one of the most volatile and debated assets in financial history. As we look ahead, the future price performance of Bitcoin remains a topic of intense speculation. This article explores the factors influencing Bitcoin's future price, expert predictions, and potential scenarios for its trajectory.
Key Factors Influencing Bitcoin's Future Price:
1. Adoption and Institutional Interest:
Bitcoin's price is heavily influenced by its adoption rate. Over the past few years, institutional interest in Bitcoin has surged, with companies like MicroStrategy, Tesla, and Square adding BTC to their balance sheets. Additionally, the approval of Bitcoin ETFs (Exchange-Traded Funds) in various jurisdictions has opened the door for more traditional investors to gain exposure to Bitcoin. Increased institutional adoption could drive demand and push prices higher.
2. Regulatory Environment:
Governments worldwide are grappling with how to regulate cryptocurrencies. Positive regulatory developments, such as clear guidelines and supportive policies, could boost investor confidence and drive prices up. Conversely, stringent regulations or outright bans in major markets could suppress Bitcoin's growth.
3. Macroeconomic Conditions:
Bitcoin is often referred to as "digital gold" and is seen by many as a hedge against inflation and economic instability. In times of economic uncertainty, such as rising inflation or currency devaluation, Bitcoin may attract more investors seeking to preserve wealth. The global macroeconomic environment, including interest rates and monetary policies, will play a significant role in Bitcoin's price performance.
4. Technological Developments:
The Bitcoin network continues to evolve, with improvements such as the Lightning Network enhancing scalability and transaction speed. Technological advancements that improve Bitcoin's utility and efficiency could positively impact its price.
5. Market Sentiment and Speculation:
Bitcoin's price is highly sensitive to market sentiment. News events, social media trends, and influential figures like Elon Musk can cause significant price swings. Speculative trading also contributes to Bitcoin's volatility.
Expert Predictions for Bitcoin's Future Price:
1. Bullish Predictions:
Many analysts and investors remain optimistic about Bitcoin's long-term potential. Cathie Wood, CEO of ARK Invest, has predicted that Bitcoin could reach $1 million by 2030, driven by institutional adoption and its role as a global reserve asset. Similarly, PlanB, creator of the Stock-to-Flow (S2F) model, has forecasted Bitcoin reaching $100,000 to $288,000 in the next bull cycle, based on its scarcity and halving events.
2. Moderate Predictions:
Some experts believe Bitcoin will experience steady growth but at a more moderate pace. JPMorgan has suggested that Bitcoin could reach $146,000 in the long term, assuming it achieves parity with gold as a store of value. Bloomberg Intelligence has also projected a gradual rise, with Bitcoin potentially hitting $100,000 by 2025.
3. Bearish Predictions:
Not all predictions are optimistic. Skeptics argue that Bitcoin's lack of intrinsic value and regulatory risks could limit its growth. Some analysts, like Nouriel Roubini, have warned of a potential crash, citing environmental concerns, scalability issues, and competition from other cryptocurrencies.
Potential Scenarios for Bitcoin's Price Performance
1. Bull Case Scenario:
In a bullish scenario, Bitcoin could benefit from widespread adoption, favorable regulations, and a weakening global economy. If Bitcoin becomes a mainstream asset class and a hedge against inflation, its price could soar to new all-time highs, potentially exceeding $500,000 by 2030.
2. Base Case Scenario:
In a base case scenario, Bitcoin experiences moderate growth, driven by gradual adoption and technological advancements. Price targets in this scenario could range between $100,000 and $200,000 by 2030, with periodic volatility and corrections.
3. Bear Case Scenario:
In a bearish scenario, regulatory crackdowns, technological failures, or a loss of investor confidence could lead to a significant decline in Bitcoin's price. In this case, Bitcoin could fall below $20,000 and struggle to regain its previous highs.
Bitcoin's future price performance remains uncertain, with a wide range of potential outcomes. While its decentralized nature, scarcity, and growing adoption provide a strong foundation for long-term growth, risks such as regulatory challenges and market volatility cannot be ignored. Investors should approach Bitcoin with caution, conduct thorough research, and consider their risk tolerance before investing.
As the cryptocurrency market matures, Bitcoin's role in the global financial system will likely become clearer. Whether it reaches $1 million or faces significant setbacks, Bitcoin's journey will undoubtedly continue to shape the future of finance.
Flow Soziale Daten
In den letzten 24 Stunden betrug der Stimmungswert in den sozialen Medien für Flow 2.1, und die Stimmung in den sozialen Medien in Bezug auf den Preistrend von Flow war Bärisch. Der Gesamt-Social-Media-Score von Flow war 83,559, was den 325 unter allen Kryptowährungen einnimmt.
Laut LunarCrush wurden Kryptowährungen in den letzten 24 Stunden insgesamt 1,058,120 in den sozialen Medien erwähnt, wobei Flow mit einem Häufigkeitsverhältnis von 0.01% erwähnt wurde und unter allen Kryptowährungen den Rang 311 einnimmt.
In den letzten 24 Stunden gab es insgesamt 384 einzigartige Nutzer, die über Flow diskutierten, mit insgesamt Flow Erwähnungen von 107. Im Vergleich zum vorangegangenen 24-Stunden-Zeitraum hat sich jedoch die Zahl der einzelnen Nutzer Anstieg um 6% und die Gesamtzahl der Erwähnungen Anstieg um 22% verändert.
Auf Twitter gab es in den letzten 24 Stunden insgesamt 9 Tweets, in denen Flow erwähnt wurde. Davon sind Bulllisch für Flow, 67% Bärisch für Flow, und 33% sind neutral für Flow.
Auf Reddit gab es in den letzten 24 Stunden 1 Beiträge, in denen Flow erwähnt wurde. Im Vergleich zum vorherigen 24-Stunden-Zeitraum hat sich die Anzahl der Erwähnungen Rückgang um 0% erhöht.
Übersicht über alle sozialen Aspekte
2.1