Bitcoin bull market ‘confirmed’ but $90K presents profit-taking risk: Analysis

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On-chain analytics platform CryptoQuant confirmed the return of Bitcoin’s bull market in its weekly report published Tuesday, while warning of a profit-taking zone around $90,000. The traders’ realized price, currently at $64,300, has its upper band sitting at $90,300, or 40% above this level, coinciding with an on-chain supply cluster between $88,000 and $90,000. US spot Bitcoin ETFs recorded net inflows of $1.7 billion over the first two days of the week, including $999 million on Monday alone, the largest single-day total since October 2025. Bitcoin’s MVRV ratio has also crossed above its 365-day moving average, a historically bearish signal that confirms the end of the bearish phase.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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