Is the Bitcoin Bear market here? This indicator on the chain suggests that


The Price performance for bitcoin has been overwhelming in most parts of 2025 and failed to take advantage of the red hot momentum in the last 30 days of 2024. Despite the market leader’s obvious struggle, investors have still not lost hope at BTC that makes a last rally a new all-all- Time high.

But the latest disclosure on the chain points out that this can be a pipe dream, with the Bitcoin Bear market apparently here. The question here is – is it time to move on or is there still a last upward driving in this bike?

Is it time to move on in this bike?

On one Quicktake Post On the Cryptoquant platform, a crypto analyst with the pseudonym Maartunn presented an interesting forecast for the current attitude on the chain of the Bitcoin Prize and the bike. This observation is based on the changes in the inter -exchange flow pulse (IFP).

Inter-Exchange Flow Pulse (IFP) is a measurement work on the chain that tracks BTC feeds between Spot and Derivative Exchanges with Cryptoquants Bitcoin interboys data. Changes in this indicator can help to determine if the investors’ feeling in the largest crypto market is Hausse or Baiss.

Usually, when significant amounts of BTC are transferred to derivative exchanges, the indicator signals a haisseatic period. “This suggests that traders are moving coins to open long positions in the derivative market,” Maartunn added.

On the back, Increased flow of bitcoin Out of derivative exchanges but rather in spot exchange signals the beginning of a baisse -like period. The Quicktake analyst noted that this usually occurs when long positions are closed and large investors (whales) are looking to reduce their risk exposure.

Bitcoin

Source: CryptoQuant
As shown in the diagram above, IFP metric has turned Bain again, indicating a case in market risk appetite and potentially signals the beginning of a baisse -like phase. The last time this indicator turned red was in the middle of 2024, a period characterized by prolonged lateral movement for the flagship Cryptocurrency.

However, this trend must not be maintained if the BTC price is to make a last rally in this cycle. The last maintained IFP baissid coincided with the autumn of the Bitcoin price from over $ 60,000 to less than $ 20,000 in 2022.

Bitcoin price

From this writing, BTC is valued to about $ 97,500, which reflects no significant price change over the past 24 hours. Similarly, the main Cryptocurrency barely moved in the past week and registered only a profit of 1.2% in the last seven days.

Bitcoin

The price of BTC on the daily timeframe | Source: BTCUSDT chart on TradingView

Image from iStock, chart from tradingview



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *