Overview

Click to expand overview
Despite recent warnings of a potential breakdown in BTC/USD, the NVT-GC tool, akin to Bollinger Bands, indicates a possible rebound. This metric compares Bitcoin's market cap to transaction Bitcoin is signaling a third “local bottom” in 2025 as a leading BTC price metric sees room for growth. Fresh research from onchain analytics platform CryptoQuant on Despite recent warnings of a potential breakdown in BTC/USD, the NVT-GC tool, akin to Bollinger Bands, indicates a possible rebound. This metric compares Bitcoin's While technical and on-chain data shows multiple signs of a market bottom, there may still be room for Bitcoin to drop further before a recovery can begin. Logarithmic The Bitcoin price is attempting recovery on low timeframes as the cryptocurrency struggles to get above $19,000 and prevent further downside. Selling pressure has been relentless over the An optimistic scenario did not pan out for Bitcoin over the weekend. On Sunday, a weekly high of $ was registered however, the Bitcoin’s Advanced NVT Flashes Local Bottom Signal – What Does This Mean? In an X post on February 7, renowned crypto analyst Burak Kesmeci shared some insights on the Bitcoin Analysts highlight 4 on-chain indicators to determine Bitcoin’s price bottom. Indicators include demand growth, trader profitability, stablecoin liquidity, and support levels; After BTC swept liquidity below $95K, it’s headed for liquidity in levels above $98K as Whale buys at $97K. Analysis of Bitcoin [BTC] using the TD Sequential indicator

Is Bitcoin signaling a bottom at $19,000? A key metric suggests a potential rebound for BTC. Despite recent warnings of a potential breakdown in BTC/USD, the NVT-GC tool, akin to Bollinger Bands, indicates a possible rebound. This metric compares Bitcoin's market cap to transaction volume, suggesting Bitcoin is signaling a third “local bottom” in 2025, leaving room for potential growth. Fresh research from onchain analytics platform CryptoQuant, analyzing on-chain indicators, offers insight into potential Bitcoin price movements. Despite recent warnings of a potential breakdown in BTC/USD, the NVT-GC tool, akin to Bollinger Bands, indicates a possible rebound. This metric compares Bitcoin's market cap to transaction volume. While technical and on-chain data shows multiple signs of a market bottom, there may still be room for Bitcoin to drop further before a recovery can begin. Logarithmic analysis further examines potential support levels.

The Bitcoin price is attempting recovery on low timeframes as the cryptocurrency struggles to get above $19,000 and prevent further downside. Selling pressure has been relentless over the past weeks. An optimistic scenario did not pan out for Bitcoin over the weekend. On Sunday, a weekly high was registered; however, the subsequent pullback raises questions. Bitcoin’s Advanced NVT Flashes Local Bottom Signal – What Does This Mean? In an X post on February 7, renowned crypto analyst Burak Kesmeci shared some insights on the Bitcoin market based on this indicator.

Analysts highlight 4 on-chain indicators to determine Bitcoin’s price bottom. Indicators include demand growth, trader profitability, stablecoin liquidity, and support levels. After BTC swept liquidity below a certain level, it’s now aiming for liquidity in higher levels, fueled by Whale buys. Further Analysis of Bitcoin [BTC] using the TD Sequential indicator provides additional insights into potential trend reversals and price targets around the $19,000 mark. Could this be the final bottom before a significant uptrend?

Top Sources

Related Articles