Bitcoin's On-Chain Shifts Amid Bottoming Out Theories... Cryptquant: 'Last Stage of Bear Market Possibility'

On-chain indicators typically signaling the end of a bear market have reemerged in Bitcoin's metrics. Cryptquant analysis notes that the crossover of average cost prices between short-term and long-term holders suggests the potential for the final stage of a bear market. The key indicator is the inversion of cost prices between wallets holding less than six months and those holding more than six months. While the signal suggests the bear cycle may be entering its final phase, Cryptquant clarifies it does not confirm Bitcoin has already reached its bottom. The analysis also highlights adjustments to long-term holder criteria, excluding positions stagnant for over seven years, to better reflect active investor cost averages.