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Bitcoin’s price has been regaining momentum after a recent weeks of decline, climbing back above $85,000. This marks a 2.7% increase in the past week, slowly recovering from previous losses.
While the broader market remains cautious, investors appear to now be closely monitoring whether BTC can sustain its upward trend or if further corrections are on the horizon.
Bitcoin Bullish Indicators Emerges
Amid the ongoing Bitcoin price movement, CryptoQuant analyst Crypto Dan has provided insights into the current market structure. In a recent post titled “Past Bull Cycle vs. Current Market”, Dan examined the similarities between previous market cycles and the present conditions.
He highlighted that while bear market phases often feel like prolonged downturns, they also present key accumulation opportunities. Dan explained that in past market cycles, significant stop-loss movements signaled major sell-offs, leading to prolonged bearish sentiment.
However, in the current cycle, such massive liquidations have not occurred, and Bitcoin’s recent drop remains within the standard 30% correction range. He noted that while some fear the onset of a bear market, broader macroeconomic trends suggest that the bull cycle is still intact.
“과거 상승사이클과 현재 시장”
암호화폐 시장의 하락사이클에서는 첫번째 지표처럼 엄청난 크기의 손절의 움직임이 여러번 나옵니다.
누가봐도 하락사이클로 인식이 되고 시장이 망했다는 생각이 들 정도가 됩니다. 그리고 그 최악의 구간은 약 1년간 지속됩니다. 하지만 그 최악의 구간에서… pic.twitter.com/eQvd7yA2rn
— Crypto Dan (@DanCoinInvestor) March 20, 2025
The analyst further pointed out that short-term uncertainties, such as geopolitical tensions and trade disputes, may be influencing market sentiment. However, once these factors subside, the market could see a strong rally. The analyst noted:
Uncertainty in the market is an unavoidable element that will always accompany the investment landscape. Therefore, we analyze and respond to the market while managing risk.
Exchange Outflows Indicate Re-Accumulation
Another CryptoQuant analyst, CryptoOnCain, provided additional insight by highlighting Bitcoin’s highest exchange outflow on a 90-day moving average since January 2023.
This data suggests that Bitcoin is being withdrawn from exchanges at a rapid pace, a sign that investors could be accumulating BTC rather than preparing to sell. Historically, such significant outflows have preceded bullish moves, as reduced exchange supply tends to create upward pressure on price.
The analyst noted that a similar pattern was observed in early 2023 when Bitcoin hit its lowest price in that cycle before rallying. If this trend continues, it could indicate a shift toward stronger market confidence in BTC’s long-term potential.
Featured image created with DALL-E, Chart from TradingView
Meet Samuel Edyme, Nickname – HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others.
Edyme’s foray into the crypto universe is nothing short of cinematic. His journey began not with a triumphant investment, but with a scam. Yes, a Ponzi scheme that used crypto as payment roped him in. Rather than retreating, he emerged wiser and more determined, channeling his experience into over three years of insightful market analysis.
Before becoming the voice of reason in the crypto space, Edyme was the quintessential crypto degen. He aped into anything that promised a quick buck, anything ape-able, learning the ropes the hard way. These hands-on experience through major market events—like the Terra Luna crash, the wave of bankruptcies in crypto firms, the notorious FTX collapse, and even CZ’s arrest—has honed his keen sense of market dynamics.
When he isn’t crafting engaging crypto content, you’ll find Edyme backtesting charts, studying both forex and synthetic indices. His dedication to mastering the art of trading is as relentless as his pursuit of the next big story. Away from his screens, he can be found in the gym, airpods in, working out and listening to his favorite artist, NF. Or maybe he’s catching some Z’s or scrolling through Elon Musk’s very own X platform—(oops, another screen activity, my bad…)
Well, being an introvert, Edyme thrives in the digital realm, preferring online interaction over offline encounters—(don’t judge, that’s just how he is built). His determination is quite unwavering to be honest, and he embodies the philosophy of continuous improvement, or “kaizen,” striving to be 1% better every day. His mantras, “God knows best” and “Everything is still on track,” reflect his resilient outlook and how he lives his life.
In a nutshell, Samuel Edyme was born efficient, driven by ambition, and perhaps a touch fierce. He’s neither artistic nor unrealistic, and certainly not chauvinistic. Think of him as Bruce Willis in a train wreck—unflappable. Edyme is like trading in your car for a jet—bold. He’s the guy who’d ask his boss for a pay cut just to prove a point—(uhhh…). He is like watching your kid take his first steps. Imagine Bill Gates struggling with rent—okay, maybe that’s a stretch, but you get the idea, yeah. Unbelievable? Yes. Inconceivable? Perhaps.
Edyme sees himself as a fairly reasonable guy, albeit a bit stubborn. Normal to you is not to him. He is not the one to take the easy road, and why would he? That’s just not the way he roll. He has these favorite lyrics from NF’s “Clouds” that resonate deeply with him: “What you think’s probably unfeasible, I’ve done already a hundredfold.”
PS—Edyme is HIM. HIM-buktu. Him-mulation. Him-Kardashian. Himon and Pumba. He even had his DNA tested, and guess what? He’s 100% Him-alayan. Screw it, he ate the opp.
Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.
