Can $102.5M in new Bitcoin buys spark a BTC price recovery?
The post Can $102.5M in new Bitcoin buys spark a BTC price recovery? appeared on BitcoinEthereumNews.com.
Key Takeaways What drove Bitcoin’s bearish turn? CryptoQuant’s Bull Score Index plunged from 80 to 20, while Apparent Demand dropped to 111K BTC, marking Bitcoin’s steepest decline since April. What might spark a recovery? A breakout above $115K, coupled with $14.9B in new stablecoin inflows and whale accumulation, could restore bullish momentum. Bitcoin [BTC] extended its recent downturn as escalating U.S.–China trade tensions erased over $21 billion in Open Interest across the Derivatives market, alongside Ethereum [ETH]. The asset struggled to hold above the $110,000 level, with bearish sentiment still dominating the broader market. As uncertainty persists in the short term, AMBCrypto has outlined key factors that could trigger a potential rally. Why Bitcoin dropped The recent downturn has driven many investors out of the market, leaving bears in firm control. CryptoQuant’s Bull Score Index dropped sharply from 80 to 20, at press time, signaling a shift into bearish on-chain conditions. The steep fall reflected traders’ declining conviction and reinforced the sell-side pressure visible in Spot markets. Source: CryptoQuant Similarly, the Apparent Demand metric recorded a 30-day contraction of 111,000 BTC, marking the steepest decline since April. This contraction, which began on the 8th of October, indicated that the market entered a bearish phase, with Spot demand shrinking notably. This meant that investors were less willing to bid for higher Bitcoin prices. Even so, other on-chain indicators hinted that recovery might still be possible if investor behavior shifts. What could trigger a rebound? According to CryptoQuant’s latest analysis, a rebound could occur once realized profits begin to rise again. If holders return to on-chain profitability, overall market confidence is likely to improve. This shift would likely happen if Bitcoin breaks above the $115,000 level, the current cost basis that reflects investor profitability. Source: CryptoQuant Farzam Ehsani, Co-founder and CEO of…
Filed under: News - @ October 16, 2025 10:26 pm