On-chain Analysis News & Analysis Today

Bitcoin Bear Market Warning: CryptoQuant Flags Demand Exhaustion

On-chain analytics firm CryptoQuant believes that Bitcoin has already entered a bearish phase of the current market cycle. In a report published on Friday, the analysts point to a clear weakening in demand: according to their estimates, since early October 2025 it has consistently remained below the long-term trend. After three strong demand waves observed since 2023, the market has effectively lost a key pillar that previously supported further price growth.