CryptoQuant says Bitcoin bull market confirmed, $90K seen as profit-taking risk
Bitcoin's next bull market is here, says CryptoQuant
Onchain analytics firm CryptoQuant said in its latest weekly report that Bitcoin's bull market is confirmed. The company's analysts pointed to technical signals, valuation metrics, and onchain data that now all point upward.
However, CryptoQuant also warned that the $90,000 area could bring a rise in profit-taking, creating what it called a “natural pause” in the uptrend.
Key numbers behind the call
- Bitcoin price reclaimed its 365-day moving average at $80,500, a signal that analysts said marked the start of a new bull market.
- The average acquisition price of Bitcoin that moved onchain between one and three months ago (the trader realized price) is $64,300. The upper band for profit-taking sits at $90,300, about 40% above that level.
- The $88,000 to $90,000 zone is the next resistance, according to the report.
- US spot Bitcoin exchange-traded funds (ETFs) took in $1.7 billion in the first two days of the week. Monday's $999 million inflow was the largest single-day total since October 2025.
What CryptoQuant says about the path to $90K
The report describes the path between the current spot price of about $86,000 and the profit-taking zone as “largely clear.” It says there is no sign of a return to bear-market conditions.
“The bull market is confirmed. Technicals, valuation and on-chain data now point the same way — up,” the analysts stated.
CryptoQuant CEO Ki Young Ju said in a post on X that future Bitcoin price cycles could become less extreme. He said a shift from retail to institutional ownership is dampening both the upside and the downside. “Today, a much larger market and growing institutional ownership are dampening both extremes,” he wrote.
What is confirmed
CryptoQuant's report, released on Tuesday, includes its analysis and predictions. The company said onchain data shows Bitcoin reclaimed its 365-day moving average.
The Bitcoin market value to realized value (MVRV) ratio, which compares market value to the average price at which coins were last moved, did not fall below 1 during the 2026 bear market, according to Ki. That means investors stayed in aggregate profit throughout the downturn.
Farside Investors, a UK-based investment firm, reported net inflows of $1.7 billion into US spot Bitcoin ETFs over the first two days of the week, with Monday's inflow at $999 million.
What is still unclear
Whether Bitcoin will reach the $90,000 zone and how much profit-taking occurs there is not certain. CryptoQuant called it a “natural pause point” within an uptrend, not a reversal, but this is an analyst forecast, not a guarantee.
Why it matters
The report suggests that the broader investment community has remained profitable even during the recent downturn, which could support continued demand. The large ETF inflows show institutional interest in Bitcoin.
What happens next
CryptoQuant says the path to $90,000 is mostly clear of resistance, but traders may sell at that level, causing a pause. The report does not provide a timeline for reaching that price.
Sources
Newisty Editorial Team covers technology, cryptocurrency, digital products, online platforms, developer tools and the wider digital economy. Our content is researched from official sources, company announcements, public documentation, market data and other primary or reputable sources. Articles are reviewed and edited before publication for clarity, accuracy and useful context.