Bitcoin Supply In Loss Begins To Rise, Raising Early Bear Market Concerns

4 hours ago

Crypto research firm CryptoQuant has flagged a pot

Crypto research firm CryptoQuant has flagged a potentially troubling development for Bitcoin (BTC) and the wider digital asset market, pointing to an early warning signal that has historically appeared ahead of prolonged downturns.

BTC supply in loss. Source: CryptoQuant

The 1-D chart shows BTC’s inability to reclaim and consolidate above the key $90,000 level. Source: BTCUSDT on TradingView.com

Bitcoin’s historical rallies against the US dollar’s performance. Source: Bull Theory on X

When a wave of liquidity entered financial markets at the time, the DXY again slipped below 96, and Bitcoin went on to rise roughly seven times over the next seven to eight months. During that same period, Ethereum (ETH) and many altcoins posted gains of tenfold or more.

For now, the market sits at a crossroads. On‑chain data points to early bear‑market dynamics, while macro signals linked to the US dollar offer a counter‑narrative that could favor renewed strength.

Featured image from OpenArt, chart from TradingView.com