{"id":68777,"date":"2022-10-18T19:44:58","date_gmt":"2022-10-18T16:44:58","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=68777"},"modified":"2025-09-07T16:00:56","modified_gmt":"2025-09-07T13:00:56","slug":"several-indicators-point-to-bitcoins-bear-market-bottom","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/several-indicators-point-to-bitcoins-bear-market-bottom\/","title":{"rendered":"Several indicators point to Bitcoin&#8217;s bear-market bottom"},"content":{"rendered":"<p>Many on-chain indicators are signalling that the bottom of the bear phase in the cryptocurrency market has been reached, according to <a href=\\\"https:\/\/arcane.no\/research\/2-year-low-daily-volatility\\\">Arcane Research&#8217;s analytical report<\/a>.<\/p>\n<p>\\n\\n<\/p>\n<figure class=\\\"wp-block-image size-full\\\"><img loading=\\\"lazy\\\" decoding=\\\"async\\\" width=\\\"827\\\" height=\\\"594\\\" src=\\\"https:\/\/forklog.com\/wp-content\/uploads\/1-743.png\\\" alt=\\\"A number of indicators pointed to Bitcoin bear-market bottom\\\" class=\\\"wp-image-188039\\\" srcset=\\\"https:\/\/forklog.com\/wp-content\/uploads\/1-743.png 827w, https:\/\/forklog.com\/wp-content\/uploads\/1-743-300x215.png 300w, https:\/\/forklog.com\/wp-content\/uploads\/1-743-768x552.png 768w\\\" sizes=\\\"auto, (max-width: 827px) 100vw, 827px\\\" \/><figcaption>Data: Arcane Research.<\/figcaption><\/figure>\n<p>\\n\\n<\/p>\n<p>The long-term metric <a href=\\\"https:\/\/www.lookintobitcoin.com\/charts\/rhodl-ratio\/\\\">RHODL Ratio<\/a> similarly signals this, with its current readings matching the early-2019 levels\u2014the bear-market bottom of the previous cycle.<\/p>\n<p>The Reserve Risk indicator has reached its lowest reading on record. This suggests that long-term investors have little incentive to sell digital gold.<\/p>\n<p>\\n\\n<\/p>\n<blockquote class=\\\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\\\">\n<p>\\&#8221;Low Reserve Risk values indicate that coins are accumulating (hodlers hodl) despite falling prices,\\&#8221; explained by Arcane Research.<\/p>\n<\/blockquote>\n<p>\\n\\n<\/p>\n<p><a href=\"https:\/\/forklog.com\/en\/news\/what-is-on-chain-analysis-and-how-to-use-it\">MVRV<\/a> indicates that Bitcoin&#8217;s realized capitalization is higher than its market capitalization. Earlier, similarly low readings of the indicator coincided with the extremes of previous bear phases.<\/p>\n<p>\\n\\n<\/p>\n<figure class=\\\"wp-block-image size-full\\\"><img loading=\\\"lazy\\\" decoding=\\\"async\\\" width=\\\"826\\\" height=\\\"537\\\" src=\\\"https:\/\/forklog.com\/wp-content\/uploads\/2-602.png\\\" alt=\\\"A number of indicators pointed to Bitcoin bear-market bottom\\\" class=\\\"wp-image-188040\\\" srcset=\\\"https:\/\/forklog.com\/wp-content\/uploads\/2-602.png 826w, https:\/\/forklog.com\/wp-content\/uploads\/2-602-300x195.png 300w, https:\/\/forklog.com\/wp-content\/uploads\/2-602-768x499.png 768w\\\" sizes=\\\"auto, (max-width: 826px) 100vw, 826px\\\" \/><figcaption>Data: Arcane Research.<\/figcaption><\/figure>\n<p>\\n\\n<\/p>\n<p>According to researchers, the current indicator readings indicate a highly attractive entry point for investors ready for a fresh leg higher in Bitcoin.<\/p>\n<p>\\n\\n<\/p>\n<p>Earlier, Galaxy Digital founder Mike Novogratz <a href=\"https:\/\/forklog.com\/en\/news\/mike-novogratz-forecasts-bear-market-duration-in-crypto-markets\">expressed the view<\/a> that the current bear phase could last another six months.<\/p>\n<p>\\n\\n<\/p>\n<p>Read ForkLog&#8217;s bitcoin news in our <a href=\\\"https:\/\/telegram.me\/forklog\\\" target=\\\"_blank\\\" rel=\\\"nofollow noopener\\\">Telegram<\/a> \u2014 cryptocurrency news, prices and analysis.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Many on-chain indicators signal that the bear market bottom for the cryptocurrency market has been reached.<\/p>\n","protected":false},"author":1,"featured_media":68778,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1874,1268],"class_list":["post-68777","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-arcane-research","tag-on-chain-analysis"],"aioseo_notices":[],"amp_enabled":true,"views":"14","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/68777","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=68777"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/68777\/revisions"}],"predecessor-version":[{"id":68779,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/68777\/revisions\/68779"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/68778"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=68777"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=68777"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=68777"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}