Following the recent correction in Bitcoin's price, do analysts see a glimmer of hope for an uptrend on the horizon? Here are the comments. Continue Reading: HasFollowing the recent correction in Bitcoin's price, do analysts see a glimmer of hope for an uptrend on the horizon? Here are the comments. Continue Reading: Has

Has the Expected Recovery Signal Been Seen in the Bitcoin (BTC) Price? Latest Data Here

2 min read

In its latest analysis published following the sharp declines in the cryptocurrency market, K33 stated that Bitcoin has fallen by approximately 40% from its all-time high.

This chart, reminiscent of the downward cycles of the past four years, has reignited concerns among investors that a new bear market may be on the horizon. However, the company argues that the current decline does not mirror the sharp crashes seen in 2018 and 2022.

K33 Research Director Vetle Lunde acknowledged that recent price movements resemble historically deep corrections, but stated that the current market structure is based on stronger foundations than in past cycles. According to Lunde, there is stronger institutional participation in the market today. Fund inflows into regulated investment products continue, and the interest rate environment appears more supportive compared to previous crisis periods. Furthermore, it is noted that a chain reaction collapse similar to the systemic delegitimization that deeply shook the market in 2022 is not currently present.

Related News: BREAKING: Donald Trump Signs Bill Ending Government Shutdown in the US

The analysis also notes that some bottoming signals are beginning to emerge. In particular, indicators of excessive pressure in spot trading volumes and derivatives markets suggest that the selling wave may be approaching its maturity phase. However, Lunde adds that these indicators do not yet signify a clear and confirmed bottom.

From a technical perspective, the approximately $74,000 level is considered a critical support point. A break below this level could see the price fall to $69,000, and even to the $58,000 region, which coincides with the 200-week moving average.

*This is not investment advice.

Continue Reading: Has the Expected Recovery Signal Been Seen in the Bitcoin (BTC) Price? Latest Data Here

Market Opportunity
Bitcoin Logo
Bitcoin Price(BTC)
$72,737.76
$72,737.76$72,737.76
-1.86%
USD
Bitcoin (BTC) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

UBS CEO Targets Direct Crypto Access With “Fast Follower” Tokenization Strategy

UBS CEO Targets Direct Crypto Access With “Fast Follower” Tokenization Strategy

The tension in UBS’s latest strategy update is not between profit and innovation, but between speed and control. On February 4, 2026, as the bank reported a record
Share
Ethnews2026/02/05 04:56
When Will Altcoin Season Start? FED Rate Cut Fuels Bitcoin, but Ethereum Still Lagging

When Will Altcoin Season Start? FED Rate Cut Fuels Bitcoin, but Ethereum Still Lagging

The post When Will Altcoin Season Start? FED Rate Cut Fuels Bitcoin, but Ethereum Still Lagging appeared first on Coinpedia Fintech News The crypto market edged higher today after the U.S. Federal Reserve announced a 25 basis point rate cut, fueling optimism across risk assets. Bitcoin price today is trading around $117,000, while Ethereum holds steady near $4,600. The broader crypto market cap rose modestly, with major altcoins mixed but stable. Analysts note the short-term tone is …
Share
CoinPedia2025/09/18 14:59
Cryptos Signal Divergence Ahead of Fed Rate Decision

Cryptos Signal Divergence Ahead of Fed Rate Decision

The post Cryptos Signal Divergence Ahead of Fed Rate Decision appeared on BitcoinEthereumNews.com. Crypto assets send conflicting signals ahead of the Federal Reserve’s September rate decision. On-chain data reveals a clear decrease in Bitcoin and Ethereum flowing into centralized exchanges, but a sharp increase in altcoin inflows. The findings come from a Tuesday report by CryptoQuant, an on-chain data platform. The firm’s data shows a stark divergence in coin volume, which has been observed in movements onto centralized exchanges over the past few weeks. Bitcoin and Ethereum Inflows Drop to Multi-Month Lows Sponsored Sponsored Bitcoin has seen a dramatic drop in exchange inflows, with the 7-day moving average plummeting to 25,000 BTC, its lowest level in over a year. The average deposit per transaction has fallen to 0.57 BTC as of September. This suggests that smaller retail investors, rather than large-scale whales, are responsible for the recent cash-outs. Ethereum is showing a similar trend, with its daily exchange inflows decreasing to a two-month low. CryptoQuant reported that the 7-day moving average for ETH deposits on exchanges is around 783,000 ETH, the lowest in two months. Other Altcoins See Renewed Selling Pressure In contrast, other altcoin deposit activity on exchanges has surged. The number of altcoin deposit transactions on centralized exchanges was quite steady in May and June of this year, maintaining a 7-day moving average of about 20,000 to 30,000. Recently, however, that figure has jumped to 55,000 transactions. Altcoins: Exchange Inflow Transaction Count. Source: CryptoQuant CryptoQuant projects that altcoins, given their increased inflow activity, could face relatively higher selling pressure compared to BTC and ETH. Meanwhile, the balance of stablecoins on exchanges—a key indicator of potential buying pressure—has increased significantly. The report notes that the exchange USDT balance, around $273 million in April, grew to $379 million by August 31, marking a new yearly high. CryptoQuant interprets this surge as a reflection of…
Share
BitcoinEthereumNews2025/09/18 01:01