{"id":834028,"date":"2025-03-14T15:12:12","date_gmt":"2025-03-14T20:12:12","guid":{"rendered":"https:\/\/newsycanuse.com\/index.php\/2025\/03\/14\/bitcoins-next-breakout-movement-could-take-4-more-months\/"},"modified":"2025-03-14T15:12:12","modified_gmt":"2025-03-14T20:12:12","slug":"bitcoins-next-breakout-movement-could-take-4-more-months","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2025\/03\/14\/bitcoins-next-breakout-movement-could-take-4-more-months\/","title":{"rendered":"Bitcoin\u2019s next breakout movement could take 4 more months"},"content":{"rendered":"

Bitcoins <\/p>\n

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\"bitcoins Bitcoin\u2019s next breakout movement could take 4 more months<\/span> Gino Matos \u00b7<\/span> 2 weeks ago<\/span> \u00b7 2 min read<\/span> <\/span> <\/span> <\/span> <\/span><\/p>\n

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Bitcoin might need one more month before showing any concrete data, analysts weigh in.<\/p>\n

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2 min read<\/span><\/p>\n

Updated:<\/span> Feb. 27, 2025 at 8:33 pm UTC<\/span><\/p>\n<\/div>\n<\/div>\n<\/div>\n

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\"bitcoins<\/p>\n

Cover art\/illustration via CryptoSlate. Image includes combined content which may include AI-generated content.<\/p>\n<\/div>\n<\/div>\n

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Bitcoin\u2019s (BTC<\/a>) selling pressure is potentially subsiding as traders register 12% in unrealized loss margins,\u00a0according to CryptoQuant\u2019s<\/a> head of research, Julio Moreno.<\/span><\/p>\n

Moreno added that this could potentially result in BTC getting stuck<\/strong><\/a> in a lateralization pattern for up to four months. <\/span><\/p>\n

He further <\/span>highlighted that the current level of traders\u2019 unrealized losses usually signals a local bottom for Bitcoin. Previous occurrences were registered between June and October 2023 and June and October 2024 \u2014 if the pattern repeats,\u00a0Bitcoin could fail to register decisive price action until June. <\/span><\/p>\n

Based on CryptoSlate data, Bitcoin was trading at $82,900 as of press time, down roughly 0.9% over the past 24 hours.<\/span><\/p>\n

The data highlighted by Moreno comes as Bitcoin holders<\/span> realized $1.7 billion in losses<\/a><\/strong> on Feb. 26, the largest loss realization movement since August 2024.<\/span><\/p>\n

Bitcoins Potential for further downside<\/strong><\/h2>\n

Morena said that despite the traders\u2019 unrealized loss margin suggesting a local bottom, Bitcoin\u2019s metrics are in correction territory.<\/span><\/p>\n

He noted that the MVRV, a commonly used indicator, is below its 365-day moving average. As a result, it can take more time for BTC to find its footing and start a recovery movement.<\/span><\/p>\n

Meanwhile, CryptoQuant CEO and founder Ki Young Ju shared that it might take one more month to determine whether Bitcoin will revert to a downtrend movement or if a recovery is possible. He added that it all depends on the increase in the buyers\u2019 demand.<\/span><\/p>\n

According to Ju:<\/span><\/p>\n

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\u201cBased on the typical two-year cycle, the bull market should last until April 2025 \u2014 I mentioned this back in May 2024. The next month or two will be a key turning point for the BTC market. If every indicator confirms a downtrend, I\u2019ll admit I was wrong and post about it.\u201d<\/strong><\/p>\n<\/blockquote>\n

However, despite the potential for further downside, Ju is not convinced that BTC could drop below $77,000. In his assessment, the worst-case scenario would be Bitcoin consolidating near $77,000 before resuming an upward movement.<\/span><\/p>\n

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Bitcoin Market Data<\/h6>\n

At the time of press 8:33 pm UTC on Feb. 27, 2025<\/span>, Bitcoin<\/a> is ranked #1 by market cap and the price is down 0.81%<\/span><\/strong> over the past 24 hours. Bitcoin has a market capitalization of $1.64 trillion<\/strong> with a 24-hour trading volume of $56.88 billion<\/strong>. Learn more about Bitcoin \u203a<\/a><\/p>\n

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Crypto Market Summary<\/h6>\n

At the time of press 8:33 pm UTC on Feb. 27, 2025<\/span>, the total crypto market is valued at at $2.76 trillion<\/strong> with a 24-hour volume of $129.15 billion<\/strong>. Bitcoin dominance is currently at 59.53%<\/strong>. Learn more about the crypto market \u203a<\/a><\/p>\n<\/div>\n<\/div>\n

Mentioned in this article<\/h6>\n
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Latest Bitcoin<\/span> Stories<\/h5>\n<\/div>\n
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Latest Press Releases<\/h5>\n<\/header>\n<\/div>\n<\/div>\n<\/div>\n

Gino Matos Read More<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Bitcoin\u2019s next breakout movement could take 4 more months Gino Matos \u00b7 2 weeks ago \u00b7 2 min read Bitcoin might need one more month before showing any concrete data, analysts weigh in. 2 min read Updated: Feb. 27, 2025 at 8:33 pm UTC Cover art\/illustration via CryptoSlate. Image includes combined content which may include<\/p>\n","protected":false},"author":1,"featured_media":834029,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[27753,27474],"tags":[11476],"class_list":{"0":"post-834028","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-bitcoins","8":"category-breakout","9":"tag-bitcoins"},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/834028","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/comments?post=834028"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/834028\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/834029"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=834028"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=834028"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=834028"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}