CryptoQuant analyst warns rising Bitcoin loss supply may indicate early bear market

According to CryptoQuant analyst Woominkyu, Bitcoin’s loss supply is increasing, suggesting a possible bear market shift. This trend typically initiates bearish phases, impacting both short-term and long-term holders.

Historically, rising loss-making supply often precedes market bottoms. Presently, while the supply is below capitulation levels, its directional change indicates significant market activity that analysts are closely monitoring.

Comments

Leave a Reply

Your email address will not be published.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

More posts