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by: xpoolPosted on: April 5, 2025

Bitcoin’s On-Chain Signal Points to Bearish Trend

Recent analysis by CryptoQuant CEO Ki Young Ju suggests that the bullish cycle for Bitcoin is over, as capital inflows fail to boost prices despite rising on-chain activity. His key indicator, the Realized Cap of Bitcoin, highlights this divergence, with a growing amount of actual capital entering the market but no corresponding price increase.

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