{"id":22046,"date":"2025-03-13T17:25:00","date_gmt":"2025-03-13T15:25:00","guid":{"rendered":"https:\/\/forklog.com\/en\/cryptoquant-highlights-bitcoins-oversold-status-and-potential-rebound\/"},"modified":"2025-03-13T17:25:00","modified_gmt":"2025-03-13T15:25:00","slug":"cryptoquant-highlights-bitcoins-oversold-status-and-potential-rebound","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/cryptoquant-highlights-bitcoins-oversold-status-and-potential-rebound\/","title":{"rendered":"CryptoQuant Highlights Bitcoin&#8217;s &#8216;Oversold&#8217; Status and Potential Rebound"},"content":{"rendered":"<p>The MVRV ratio, a key metric for assessing the value of digital gold, has dropped to 1.8, nearing the 2024 correction low of 1.71. These observations were shared by <a href=\"https:\/\/cryptoquant.com\/insights\/quicktake\/67d24609db11341528835a99-Cryptocurrency-Market-in-an-Oversold-Zone-After-a-Strong-Correction?amp;utm_medium=sns&amp;utm_campaign=quicktake&amp;utm_content=crypyo-dan\">CryptoQuant<\/a>.<\/p>\n<p>According to experts&#8217; calculations, the indicator will reach this extreme if the price of the leading cryptocurrency falls to $70,000.<\/p>\n<p>They believe that the market is currently &#8220;sufficiently weakened&#8221; due to the lack of &#8220;paper&#8221; profits for most investors.<\/p>\n<p>As a result, current quotes present a favorable zone for forming an upward movement without further significant decline.<\/p>\n<p>Analysts suggested closely monitoring the following factors:<\/p>\n<ol class=\"wp-block-list\">\n<li>The strength and magnitude of the rebound.<\/li>\n<li>Whale movements and changes in on-chain data during this period.<\/li>\n<li>Correlation with the stock market and economic trends.<\/li>\n<\/ol>\n<p>Experts warned that current metrics indicate the potential for a rebound. They clarified that it is too early to conclude that digital assets have entered a full-fledged bear cycle.<\/p>\n<p>Some analysts suggest that Bitcoin may drop <a href=\"https:\/\/u1f987.com\/en\/news\/nansen-analyst-describes-bitcoins-path-to-70000-as-organic\">to $70,000<\/a> before a subsequent recovery. Additional pressure on the price could come from the <a href=\"https:\/\/u1f987.com\/en\/news\/bitcoin-may-drop-to-75000-due-to-eu-tariffs-experts-warn\">expansion of trade wars<\/a> by the US administration.<\/p>\n<p>Earlier, Santiment <a href=\"https:\/\/u1f987.com\/en\/news\/analysts-warn-of-potential-cryptocurrency-market-exhaustion\">suggested<\/a> a depletion of the cryptocurrency market.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The MVRV ratio, a key metric for assessing the value of digital gold, has dropped to 1.8, nearing the 2024 correction low of 1.71. These observations were shared by CryptoQuant. According to experts&#8217; calculations, the indicator will reach this extreme if the price of the leading cryptocurrency falls to $70,000. They believe that the market [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":22045,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1146,1205,1268],"class_list":["post-22046","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-cryptocurrency-market-forecasts","tag-cryptoquant","tag-on-chain-analysis"],"aioseo_notices":[],"amp_enabled":true,"views":"19","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/22046","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=22046"}],"version-history":[{"count":0,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/22046\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/22045"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=22046"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=22046"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=22046"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}