NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: Tether Targets $500 Billion Valuation In New Equity Offering Amid US Expansion Plans
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: Tether Targets $500 Billion Valuation In New Equity Offering Amid US Expansion Plans

Here Is Why The Bitcoin Bull Run Hasn’t Started, According To Analyst

Samuel Edyme
Samuel Edyme
11 months ago
3 mins read
Here Is Why The Bitcoin Bull Run Hasn’t Started

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

The Bitcoin community have been eagerly awaiting the start of a new bull market especially following the recent halving that occurred in April, however, according to a latest analysis from a CryptoQuant analyst under the pseudonym Onchained, that moment has not yet arrived and there is a reason.

In the post uploaded on the CryptoQuant QuickTake platform, Onchained’s analysis focused on the Long-Term Holder (LTH) Mourad Ratio, a proprietary indicator that tracks UTXOs (unspent transaction outputs) held for more than six months.

This ratio basically helps gauge market sentiment and accumulation trends among long-term Bitcoin holders, offering valuable insights into when BTC may enter its next bull phase.

Related Reading

Bitcoin Held For Years Are Now On The Move, Is This A Signal For Caution?

Bitcoin Held For Years Are Now On The Move, Is This A Signal For Caution?

1 year ago

Stability In The Long-Term Holder Mourad Ratio

One of the key indicators highlighted in the analysis is the stability of the Long-Term Holder Mourad Ratio. Historically, when this ratio remains stable, it suggests that the market is not yet ready for a significant upward movement.

Onchained explained that a bull market typically begins only when the ratio starts to deviate negatively from these stable levels. Currently, data shows that the LTH Mourad Ratio is steady, signaling that Bitcoin’s bull run is yet to begin.

Bitcoin Long-Term Holder (LTH) Mourad Ratio.
Bitcoin Long-Term Holder (LTH) Mourad Ratio. | Source: CryptoQuant

This stableness in the ratio as revealed by the analyst,  indicates that long-term holders are not yet driving substantial price movement in the market, and investors may need to exercise patience until more favourable conditions arise.

For further context, the Mourad Ratio is calculated by dividing the Long-Term Holder Mourad Current Transaction Value (LTH MCTV) by the current Bitcoin price.

This calculation provides insight into the average value of UTXOs aged over six months, giving a clearer picture of recent accumulation trends among longer-term BTC holders.

Bitcoin (BTC) price chart on TradingView
BTC price is moving upwards on the 2-hour chart. Source: BTC/USDT on TradingView.com

Technicals Suggests Bitcoin Bull Run Is Not So Far

While Onchained analysis has confirmed that Bitcoin bull run is yet to start, other analysts has turned to historical price chart to gauge when the bull run for BTC could begin from a technical perspective.

Popular Bitcoin insight platform known as Bitcoin archive on X has recently highlighted that BTC is on the verge of making a “bullish cross-over on the 5-day chart for the first time in 230 days.”

Related Reading

Analyst Warns Of Short Squeeze as Bitcoin Futures Market Heats Up

Analyst Warns Of Short Squeeze as Bitcoin Futures Market Heats Up

1 year ago

According to Bitcoin Archive, the last two times this happened, BTC went up by 79% and 74%, therefore, should this repeat itself again, Bitcoin could surge past $100,000.

Bitcoin MACD about to make a bullish cross-over on the 5-day chart for the first time in 230 days.

Last 2x Bitcoin went up 79% and 74%.

#Bitcoin will surge OVER $100K if this repeated. pic.twitter.com/USTaCzHD44

— Bitcoin Archive (@BTC_Archive) September 25, 2024

Featured image created with DALL-E, Chart from TradingView

Tweet123Share196ShareSend
Samuel Edyme
Samuel Edyme

Samuel Edyme

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

Bitcoin price crash

Analyst Says Bitcoin Bear Market Has Started, Predicts 50% Crash To $61,000

After hitting its $124,000 all-time high back in July, the Bitcoin price has now moved back into a phase of...

Scott Matherson 6 hours ago

Το επόμενο meme coin που θα εκραγεί: Το Doge ETF καθυστερεί – Eίναι το $MAXI καλύτερη επιλογή;

Η κυκλοφορία του πρώτου Doge ETF σηματοδότησε μια ιστορική στιγμή για τα meme coins, όμως η εκκίνηση του $DOJE στην...

Ιωάννης Ριζόπουλος 7 hours ago
Crypto

All-Time Highs For Gold, S&P500; Crypto Stands Alone In The Red – What’s The Root Cause?

Crypto markets have recently faced renewed challenges, despite a brief resurgence following the US Federal Reserve’s (Fed) rate cut that...

Ronaldo Marquez 9 hours ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

Hyperliquid

Hyperliquid’s Days Numbered? Expert Forecasts ‘Painful Death’

Christian Encila 1 hour ago
Bitcoin news

Bitcoin Days Away From Blowoff Or Cycle Top, Veteran Analyst Warns

Jake Simmons 2 hours ago
Bitcoin

Fundstrat’s Tom Lee Sees Bitcoin Tripling, Ether Rising 5X By Year-End

Christian Encila 3 hours ago

Premium Sponsors

Press Releases

  • ドージコイン 今後の展望 ― 0.30ドル到達と「買うべきミームコイン」論争

    ドージコイン 今後の展望 ―...

    1 hour ago
  • リップル 今後の展望:RLUSDステーブルコインがマネーマーケットファンドに統合

    リップル...

    2 hours ago
  • 仮想通貨プレセール動向:次世代ビットコインレイヤー2が資金を集める

    ...

    2 hours ago
  • テザーが5,000億ドル規模の資金調達を計画、今注目すべき仮想通貨おすすめ

    ...

    2 hours ago
  • 新しい仮想通貨のプレセールが250万ドル目前、投資家が急増中

    ...

    3 hours ago

Newsletter

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.