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Crypto

BTC Price Flashes Major Cycle Signal: Is the Bear Cycle Over?

Guavy AI Editorial Team
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BTC
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Bitcoin (BTC) has taken a breather after its recent price recovery, trading around $79,000 at press time. Despite the decline, BTC remains above pre-breakout levels.

CryptoQuant founder Ki Young Ju believes that the bear cycle is over, citing improving demand and on-chain data as evidence.

According to CryptoQuant's Bull-Bear Market Cycle Indicator, the indicator has recovered from deeply negative readings and returned to approximately the zero threshold. This transition marks a significant change in market conditions, with values above zero associated with bullish conditions.

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Disclaimer: Guavy is a data and market intelligence provider, not an investment adviser. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

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