According to a new analysis published by Cryptoquant, Crypto para The market continues to remain in the rise phase, but the data on the chain shows that care should be careful.
Blockchain Analysis Company, Bitcoin While continuing to withdraw a significant amount of capital entry, investor’s sensitivity reaches the enthusiastic levels that the cycle may be approaching the summit.
Cryptoquant’s analysis focuses on the Bitcoin value held by investors, which are an important indicator of market cycles less than six months. Historically, there is an increase in the participation of new investor and capital in each rise cycle. This time, the release of Bitcoin Spot ETFs increased the investments of both corporate and individual participants by providing an additional catalyst. The company expects this trend to continue until the first half of 2025.
Despite the optimism surrounding Bitcoin’s price movement, Cryptoquant warns that excessive market enthusiasm can point to an upcoming loop summit. With a strong acceleration, Bitcoin exceeds the highest level of all time, and if the subcoins follow it, a new wave of capital may come. Although this seems positive at the beginning, similar models in past cycles often come before market peaks and corrections.
“If Bitcoins and Altcoins attract significant interest, if they lead to an increase in new investors and additional capital from existing participants, this may indicate that the end of the current rise cycle is close,” the statement said.
*It is not an investment advice.
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Source: https://www.bitcoinsistemi.com/analiz-sirketi-bitcoin-icin-uyardi-eger-bitcoin-ath-yapar-ve-altcoinler-de-bogayi-takip-ederse/
