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tradingview.comAUG 282 min read$BTC-USD

Bitcoin bear market ‘over’ as price metric copies 2023 recovery: CryptoQuant CEO

CryptoQuant CEO Ki Young Ju claims Bitcoin's 2026 bear market has ended, citing a positive reading of 0.042 on the Bull/Bear Market Cycle Indicator. This metric, derived from onchain profitability data, last signaled a bullish phase in October 2025. Concerns persist about market liquidity supporting a sustained uptrend.

Original reporting
tradingview.com
Published Aug 28, 2026, 11:22 AM UTC
Analysis
alphai AI DeskAI-generated
Added to alphai Aug 28, 2026, 12:58 PM UTC. Informational, not investment advice.
How this was made
alphai summarizes source reporting and applies a structured AI analysis for relevance, timing, sentiment and ticker impact. Always verify material claims with the original publisher.
About alphai AI DeskScoring methodologyReport an issue
Bitcoin bear market ‘over’ as price metric copies 2023 recovery: CryptoQuant CEO — source image
Source · tradingview.com
Decision brief

The 30-second read

$BTC-USDBullishMed
01

Why it matters

The first positive reading suggests a shift from extreme bear to bull conditions, but market depth remains a risk.

02

Market read

A new bullish signal for Bitcoin could influence trader sentiment across the crypto market.

03

What to watch

Potential regulatory actions or macro‑economic shocks could negate the bullish indicator.

Relevance 7/10Novelty 8/10Timing: as of Aug. 26, reported Aug. 28

Background

CryptoQuant provides on‑chain analytics; its Bull/Bear Market Cycle Indicator aggregates profitability metrics.

Company-level read

Ticker impact

$BTC-USDBullishMedium confidence
Context

CryptoQuant's Bull/Bear Market Cycle Indicator turned positive (0.042) on Aug. 26, signaling the end of Bitcoin's 2026 bear market.

Expected impact

Potential upside of 5‑10% over the next weeks if liquidity improves.

Evidence & confidence

The metric has historically preceded bullish phases; however, liquidity concerns remain.

Market effects

Sector

Positive Bitcoin signal may lift broader crypto assets and related mining stocks.

Regional

Global, with heightened interest in markets where crypto trading is prominent.

Global

High, as Bitcoin often sets tone for the digital asset class worldwide.

Counterpoint

What could challenge this read

Liquidity constraints could still suppress price, making the signal premature.

Key entities

  • Company
    CryptoQuant

    On‑chain analytics platform publishing the indicator.

  • Person
    Ki Young Ju

    CEO of CryptoQuant who announced the metric change.

Read at source← All news

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