The recent bottom didn't follow the usual playbook.
@dpuellARK breaks down what's actually different this cycle, and Bitcoin's biggest emerging risk: quantum computing.
Watch the full episode ⤵️
piped.video/e4jl3TUqCoY
Bitcoin at $157K: what the Power Law calculation shows
“Based on the model’s parameters as of October 3, the +100 threshold corresponds to a price of $157.8K, roughly 86% above the current price.” – By @AxelAdlerJr
CryptoQuant CEO Young Ju (@ki_young_ju) says the "bear market has ended this summer"
"I expect something like 3-5x from the lows."
"We're in the early phase of the new cycle."
BTC Spot Demand Recovery and Divergence in U.S. Demand
“Bitcoin demand is currently in a recovery phase, but confirmation from U.S. spot demand remains lacking.” – By @MAC_D46035
CryptoQuant API added new indicators, and they’re flashing some interesting signals.
From MVRV momentum to trader profitability, and weakening demand, here are 4 charts worth watching đź§µ
But there’s one signal that doesn’t confirm the strength.
Bitcoin’s price is rising, while 1-year Apparent Demand has declined by roughly 980K BTC.
Price up, underlying demand trending down.
That divergence is worth monitoring.
Interesting setup ahead.
Profitability and MVRV momentum are improving, while Apparent Demand remains the key weak spot.
These new V2 indicators are now available through the CryptoQuant API 👇
docs.cryptoquant.com/v2/over…
Millionaire Whales ramp up Stablecoin inflows by 40%
“On a 30d sum basis, their stablecoin inflows to Binance have risen from $21.7B to $30.5B in a little over a month.” – By @Darkfost_Coc
XRP Binance Open Interest Falls 15.3% From Its Six-Month High
“For now, the clearest reading is that XRP shed leverage while price held most of its gains.” – By @CryptoOnchain
MVRV Z-Score Holds Above Its 365-Day Average: Long-Term Structure Still Favors the Upside
“Historically, once the MVRV Z-Score moved above its 365-day average, that average often acted as support during the broader bullish phase.” – By @TraderGemin