Recent data suggests Bitcoin may be entering a bullish phase. A number of indicators are signaling significant liquidity and market changes.
Rising Stablecoin Inflows
Crypto analyst Axel Adler Jr. provided data showing that Bitcoin's 'Difference Liquidity' metric has turned negative on its 30-day moving average. This measure compares Bitcoin inflows to stablecoin inflows. A negative reading indicates that stablecoins are beginning to dominate the market, possibly indicating 'Demand Generation.' Analysis suggests that similar patterns followed major market bottoms.
Declining Selling Pressure
Data from CryptoQuant indicates that Bitcoin's Exchange Flow Multiple has sharply declined over the last 15 days, dropping from nearly 1.0× to around 0.6×. This means Bitcoin inflows to exchanges are 40% below the monthly average, indicating reduced seller activity. Lower volumes of coins moving to exchanges can create conditions for upward price movement.
Expected Cycle Peak
Analyst Mikybull shared a long-term logarithmic chart of Bitcoin's price action from 2012 to 2025. He suggests that Bitcoin has yet to reach the current cycle's peak, estimating a minimum peak of $144,000, which reinforces bullish sentiments in the market. Despite minor fluctuations, Bitcoin holds the potential for further growth.
Trends in Bitcoin liquidity and declining selling pressure indicate the possibility of a new bullish cycle. Analysts continue to note growth prospects, which may signal a renewed interest from investors in Bitcoin.