Is The Bitcoin Price Bottom In? Latest On-Chain Data Suggests So

As the Bitcoin market continues to experience a flurry of sales, which started in mid-October, recent on-chain data paints a somewhat optimistic picture of the cryptocurrency’s ￰0￱ question is — is the Bitcoin bottom in? Is A BTC Price Reversal Imminent? In a recent Quicktake post on the CryptoQuant platform, pseudonymous crypto pundit Sunny Mom shared that a bottom formation for the Bitcoin price may be around the ￰1￱ Mom’s post was based on four different on-chain metrics, all looking into the behavior of Bitcoin’s market ￰2￱ first of these is the Futures Taker CVD (Cumulative Volume Delta, 90-day) metric, which helps track the net difference between aggressive buy and sell volumes (referred to as taker orders) in the Bitcoin futures market over the last 90 ￰3￱ Reading: Bitcoin Options Craze: OI Looks Set To Keep Printing ATHs, Glassnode Says According to the online pundit, the more dominant sell zones (in red) are turning into neutral ￰4￱ means the leveraged short positions (typically held by the most fearful and aggressive of Bitcoin’s market participants) are slowly taking their exits, thus pointing to the weakening of these speculative hands.

Next, the on-chain analyst referenced data from the Spot Taker CVD (Cumulative Volume Delta, 90-day) ￰5￱ the number of speculative sellers is declining, the spot CVD still appears to be in the red. Typically, a ‘red’ reading from this metric suggests that Bitcoin’s holders are still selling their ￰6￱ interesting event is that the Bitcoin: Stablecoin Supply Ratio (SSR) has fallen to a hallmark ￰7￱ context, this metric measures the ratio between Bitcoin’s supply and the supply of stablecoins (like USDT and USDC). A high SSR indicates that there are fewer stablecoins in comparison to ￰8￱ an extension, it points out that there is lower buying power to purchase Bitcoin in order to send its price to the ￰9￱ the other hand, a low SSR indicates a relative abundance of stablecoins compared to the premier cryptocurrency, suggesting the presence of more potential buying power in the Bitcoin ￰10￱ examination of past price action, it is apparent that periods where the SSR read ‘significantly low’ have often preceded significant price rebounds of the flagship ￰11￱ history is anything to go by, the analyst inferred that we might be set for another rebound, seeing as the SSR metric currently hovers around a historical low.

Lastly, Sunny Mom explained that data from the Adjusted Spent Output Profit Ratio (aSOPR) also supports the overall conjecture of an imminent price ￰12￱ the moment, the aSOPR reads around 1.0 — a level whose breach in April 2025 preceded a major price ￰13￱ Price At A Glance As of this writing, the price of BTC stands around $102,510, reflecting an over 1% increase in the past 24 ￰14￱ Reading: Most Dangerous Bitcoin Boom Yet? Ray Dalio Warns Of ‘Stimulus Into A Bubble’ Featured image from iStock, chart from TradingView