Bitcoin 
$118,702.92 For the end of the year, the loop indicator, which pointed to the $ 200,000 threshold, came up again with increasing demand from July. According to Cryptoquant, the demand for approximately 62,000 BTC per month is increasing. With the increase, a background similar to the increases recorded in the fourth quarter of 2020, 2021 and 2024 was formed. Spot ETF entrances support the table with the trend in large wallet balances. On the Blockchain’s valuation side, the $ 116,000 level is considered the price threshold of traders.
Demand dynamics in Bitcoin
331,000 units on an annual scale with large wallet balances with current data BTC reached the rate of increase. A stronger picture emerged compared to 255,000 BTC trends seen in the fourth quarter of 2024 and an increase of 238,000 BTCs in the same period of 2020. In 2021, 197,000 BTC contraction was recorded. The monthly increase of 62,000 BTC demands per month is commemorated in the ground heading required for the movement at the price.
213,000 BTC purchases took place on the ETF side in the fourth quarter of 2024 and ETFThe total asset size under the management of the s increased by 71 percent. The accumulation shaped through the corporate channel stands out with the strengthening in the demand indicators.
In crypto currency, the pointer returned to the bull
Cryptoquant‘of Taurus-Say Market Cycle IndicatorSpot classifies the placement of the price as the “Taurus” phase. The landing under the “bear” phase corresponds to the stage. The permanent movement of $ 116,000 is shown as a condition of return to the bull phase. At this point, let’s underline that the valuation band is originally around 160,000-1200,000 dollars.
Bull score index in the range of 40-50 in recent days. In 2024, the index exceeded 50 levels at the beginning of the fourth quarter, the price progressed from $ 70,000 to $ 100,000.
Cryptoappsy According to data, Bitcoin is traded at $ 120.056 with an increase of 1.35 percent in the last 24 hours at the time of preparation. The price exceeded the $ 121,000 threshold, albeit for a short time on October 2. Currently Bitcoin is priced only 3.53 percent of the highest level of all time in $ 124,457.
