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Bitcoin Bears Weaken as Indicators Suggest Possible Trend Reversal
In recent days, the price of Bitcoin has traded between $88,000 and $90,000, indicating market stability. This follows a decline from around $96,000 to below $88,000, marking a new yearly low for 2026.
Potential Market Reversal Signals
- The Bitcoin Growth Rate Difference, an on-chain metric measuring market cap growth rate versus realized cap growth rate, suggests a potential bullish reversal.
- A negative Growth Rate Difference indicates slower price growth compared to real money inflows, typical in bearish markets.
- Since October 30, the Growth Rate Difference has been negative, with prices dropping over 17%.
- However, the metric improved from -0.0013 on November 22nd to -0.0009 by January 24, indicating increased speculative interest and potential price growth.

Current Bitcoin Price Status
- Bitcoin is currently valued at $89,223, reflecting a minor daily loss of 0.25%.
- Daily trading volume has decreased by 58.72%, indicating reduced market engagement.