Market Medveda Bitcoin could take at least six months: Analysis

Bitcoin could stay in the bear market for at least six months, according to Cryptocuant CEO Young It, because chain data shows a lack of price movement despite increasing capital inflows.

Bitcoin (Btc) He had a rough start in April, a decline for three weeks of $ 77,077. At 13. April in X, South pointed out that the current bearing of BitCoin is measured is reflected in a metric on a chain like a market cap and a realized cap.

The realized cap determines the actual amount of money entering Bitcoin on the basis of wallet movement, while the market is based on the latest exchange rate. The bear market is usually shown by stagnation or market capitalization despite the increase in the achieved cap. This indicates that although capital enters the market, prices are not responding.

It notes that the bull market happens when modest capital starts prices. However, electricity bear The trend is supported by the fact that even a large purchase of capital do not lead the price of Bitcoin. He adds that historical data show that a true reversal in the price of Bitcoin usually lasts at least six months, which is a short-term myth a little probable.

According to coigiglass dataBitcoin had the worst K1 beginning since 2018. year, 11.8% fall. Losses in the first quarter have historically had a mixed effect on the annual performance of bitcoin. Cowlid Fears caused a decline of 9.4% in 2020. years, but Bitcoin ended the year more than 300%. However, K1 losses in 2014. years 2018, and 2022 signaled the end of the beech and preceded the bear markets.

Recent fall comes after President Trump imposed new tariffs who have launched the instability in the market worldwide. Although Bitcoin was seen after the consequence of the trump card, his status of American economic protection is now in question because of these new tariffs, which raised the fears about the recession. Bitcoin resistance in the face of economic uncertainty will be tested in the coming months.