{"id":94479,"date":"2026-02-19T21:30:27","date_gmt":"2026-02-19T18:30:27","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=94479"},"modified":"2026-02-19T21:35:15","modified_gmt":"2026-02-19T18:35:15","slug":"bitcoins-path-to-the-bottom-analyst-highlights-key-indicators","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/bitcoins-path-to-the-bottom-analyst-highlights-key-indicators\/","title":{"rendered":"Bitcoin&#8217;s Path to the Bottom: Analyst Highlights Key Indicators"},"content":{"rendered":"<p>To determine the long-term trend, attention should be paid to four key levels of realised price for Bitcoin investors. This was <a href=\"https:\/\/cryptoquant.com\/insights\/quicktake\/69962c7ac876a02133a048e2-Bitcoins-Roadmap-to-the-Bottom-%E2%80%94-4-Levels-to-Watch\">stated<\/a> by CryptoQuant analyst Burak Kesmechi.<\/p>\n<p>According to the expert, crossing these levels would indicate a potential movement of the asset towards a deeper bottom. He referred to this as a &#8220;roadmap.&#8221;<\/p>\n<p>Kesmechi identified the following levels:<\/p>\n<ul class=\"wp-block-list\">\n<li>overall realised price (RP) of BTC \u2014 $54,700;<\/li>\n<li>RP of long-term whales \u2014 $41,600;<\/li>\n<li>RP of new whales \u2013 $88,700;<\/li>\n<li>RP of Binance user deposit addresses \u2014 $58,700.<\/li>\n<\/ul>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"498\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/img-97a83db50d19e653-6741980718556882-1024x498.png\" alt=\"image\" class=\"wp-image-275449\" srcset=\"https:\/\/forklog.com\/wp-content\/uploads\/img-97a83db50d19e653-6741980718556882-1024x498.png 1024w, https:\/\/forklog.com\/wp-content\/uploads\/img-97a83db50d19e653-6741980718556882-300x146.png 300w, https:\/\/forklog.com\/wp-content\/uploads\/img-97a83db50d19e653-6741980718556882-768x374.png 768w, https:\/\/forklog.com\/wp-content\/uploads\/img-97a83db50d19e653-6741980718556882.png 1280w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Source: CryptoQuant.<\/figcaption><\/figure>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>&#8220;Bitcoin has been falling since it dropped below the entry point of new whales \u2014 a classic bear cycle signal. Next, I will watch two key support levels \u2014 [the first and fourth from the list],&#8221; added the analyst.<\/p>\n<\/blockquote>\n<p>The CryptoQuant researcher noted that after the first cryptocurrency falls below the &#8220;newcomers'&#8221; basis, its price historically tests the realised price. The only support level in such a case remains at $58,700.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>&#8220;The question is whether these two critical values will hold as support? Or will we feel the deeper, bone-chilling waters?&#8221; concluded Kesmechi.<\/p>\n<\/blockquote>\n<p>Earlier, another CryptoQuant analyst, Ignacio Moreno de Vicente, <a href=\"https:\/\/forklog.com\/en\/news\/short-term-sharpe-ratio-hints-at-a-bitcoin-rebound\">noted<\/a> that the short-term Sharpe ratio for Bitcoin has dropped to a level that historically preceded price lows.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>To determine the long-term trend, attention should be paid to four key levels of realised price for Bitcoin investors, stated CryptoQuant analyst Burak Kesmechi.<\/p>\n","protected":false},"author":1,"featured_media":94480,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"Analyst highlights four key Bitcoin price levels indicating potential deeper bottom.","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[18,1268,1138],"class_list":["post-94479","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin","tag-on-chain-analysis","tag-opinions"],"aioseo_notices":[],"amp_enabled":true,"views":"172","promo_type":"1","layout_type":"1","short_excerpt":"Analyst highlights four key Bitcoin price levels indicating potential deeper bottom.","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/94479","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=94479"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/94479\/revisions"}],"predecessor-version":[{"id":94481,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/94479\/revisions\/94481"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/94480"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=94479"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=94479"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=94479"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}