Bitcoin Bottom: Is It Finally Here or Just a Big Tease? 🤔💰

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Ah, Bitcoin. The financial rollercoaster we can’t seem to get off, no matter how hard we try (or wish). As the crypto market continues to wade through the murky waters of mid-October sell-offs, a sprinkle of optimism has appeared, courtesy of some on-chain data. But here’s the burning question, dear reader: Is the Bitcoin bottom in, or are we all just being baited into another wild ride? 🤷‍♂️

Is A BTC Price Reversal Imminent? 🕰️

In the latest episode of “Crypto Cliffs and Thrills,” an anonymous guru (who apparently goes by the moniker of Sunny Mom-yes, really) threw their hat in the ring, claiming that the bottom might just be around the corner for Bitcoin. Based on some fancy on-chain metrics, they’re cautiously optimistic. They said it, not me. But let’s take a look at these metrics, because they sound super convincing-if you’re into that sort of thing.

The first metric Sunny Mom has to offer is the Futures Taker CVD (Cumulative Volume Delta, 90-day). This rather long-winded term tracks the difference between aggressive buys and sells in the Bitcoin futures market over the last three months. Yes, that’s right, three whole months. According to our wise, pseudonymous oracle, those “dominant sell zones” (aka the bloodbath areas, usually marked in red) are starting to turn neutral. Translation? The big bad short-sellers, who’ve been riding the fear train, are bailing out. In other words, the sky isn’t quite falling-yet.

Next up is the Spot Taker CVD (Cumulative Volume Delta, 90-day), which, despite sounding remarkably similar, does different stuff. The short version? Speculative sellers seem to be fading into the background, but-plot twist-the spot CVD is still hanging around in the red. That’s code for: Bitcoin holders still seem to be liquidating their coins like they’re clearing out their closets after a messy breakup. 💔

And, wait for it-here comes a fun little metric known as the Bitcoin: Stablecoin Supply Ratio (SSR). A low SSR means there’s a whole lot of stablecoins (you know, the kind that doesn’t get emotionally swayed by every tweet Elon Musk sends out). Historically, when this ratio dips down low, Bitcoin has a habit of bouncing back, like a cat that’s been thrown off the counter. 🐱 Could it be that the big rebound is just around the corner? Possibly. The history books are all abuzz with optimism, and so are we-sort of.

If you’re keeping score at home, you’ll note that a low SSR suggests more buying power waiting to pounce on Bitcoin, which could mean a shiny future ahead-or just a lot of people sitting around with their wallets full of hope. But hey, history seems to think something good might be coming. We’ll just have to see if it’s another “too good to be true” moment or a genuine reversal.

Lastly, Sunny Mom (we’re just going to roll with this name now) pointed out that the Adjusted Spent Output Profit Ratio (aSOPR) is hovering at a nice round 1.0, which, back in April 2025, signaled the start of a price turnaround. A classic case of “when in doubt, refer to the numbers”-unless, of course, you’re one of those who trusts their gut instead of data. Who am I to judge? 😏

Bitcoin Price At A Glance 🤑

As of this moment, Bitcoin is holding steady around $102,510, having seen a modest 1% increase in the last 24 hours. Nothing to write home about, but at least it’s not plummeting. So, for now, it’s a wait-and-see game. Get comfy-perhaps with a nice cup of tea or something stronger, depending on your level of optimism (or panic). 🍵💸

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2025-11-08 22:29