#metrics #bitcoin
đ Bitcoin Prepares to Break Through a "Critical Threshold": What Do CryptoQuant Metrics Say?
$BTC is once again approaching a key technical and on-chain levelâa point that has historically served as a launchpad for new all-time highs (ATH).
According to a new report from CryptoQuant, the leading cryptocurrency is currently battling to reclaim its 20-month Simple Moving Average (SMA), which sits at $87,165.
đ Key Takeaways from the Report and Analysis:
1ïžâŁ The "Critical Threshold" ($87,165):
The 20-month SMA serves as the baseline for the Bollinger Bands. In December 2025, BTC lost this level, entering a zone of capitulation and accumulation. The price is now approaching this threshold from below. Historically, crossing this mark has always triggered a powerful rally toward new highs.
2ïžâŁ Strong Resistance at $87,500:
The 20-month SMA level aligns with the 2026 opening price ($87,490). This creates a formidable resistance zone, where a large volume of sell orders (ask liquidity) is also concentrated.
3ïžâŁ Shedding "Dead Weight"âThe Reset Is Complete:
Analysts note that following the peak of $124,700 (October 2025), the market has undergone a complete reset. While retail investors remain wary of current price levels, the on-chain indicator "BTC: Market Cycle Signals" suggests that the market is only just warming up.
4ïžâŁ Bull market in full swing:
CryptoQuantâs Bull-Bear Market Cycle indicator shows growing bullish momentum (the reading has risen to 0.186, up from 0.042 in August). CryptoQuant founder Ki Young Ju confirms that the bearish trend is now behind us.
â ïž Bottom line:
A return to and consolidation above the $87,200â$87,500 range could pave the way toward the upper boundary of the Bollinger Bands ($121,640) and a potential new all-time high.
đ Bitcoin Prepares to Break Through a "Critical Threshold": What Do CryptoQuant Metrics Say?
$BTC is once again approaching a key technical and on-chain levelâa point that has historically served as a launchpad for new all-time highs (ATH).
According to a new report from CryptoQuant, the leading cryptocurrency is currently battling to reclaim its 20-month Simple Moving Average (SMA), which sits at $87,165.
đ Key Takeaways from the Report and Analysis:
1ïžâŁ The "Critical Threshold" ($87,165):
The 20-month SMA serves as the baseline for the Bollinger Bands. In December 2025, BTC lost this level, entering a zone of capitulation and accumulation. The price is now approaching this threshold from below. Historically, crossing this mark has always triggered a powerful rally toward new highs.
2ïžâŁ Strong Resistance at $87,500:
The 20-month SMA level aligns with the 2026 opening price ($87,490). This creates a formidable resistance zone, where a large volume of sell orders (ask liquidity) is also concentrated.
3ïžâŁ Shedding "Dead Weight"âThe Reset Is Complete:
Analysts note that following the peak of $124,700 (October 2025), the market has undergone a complete reset. While retail investors remain wary of current price levels, the on-chain indicator "BTC: Market Cycle Signals" suggests that the market is only just warming up.
4ïžâŁ Bull market in full swing:
CryptoQuantâs Bull-Bear Market Cycle indicator shows growing bullish momentum (the reading has risen to 0.186, up from 0.042 in August). CryptoQuant founder Ki Young Ju confirms that the bearish trend is now behind us.
â ïž Bottom line:
A return to and consolidation above the $87,200â$87,500 range could pave the way toward the upper boundary of the Bollinger Bands ($121,640) and a potential new all-time high.