Bitcoin’s supply metric has generated its first 'buy' signal since November 2022, marking a notable development in the prolonged bear market, according to CoinTelegraph. This signal suggests a potential turning point, although the price of BTC could still experience further declines before any sustained recovery.
CoinTelegraph reports that this indicator points toward the eventual end of the bear market cycle expected around 2026. Despite this optimistic sign, investors should remain cautious as volatility and downward pressure on Bitcoin’s price may continue in the short term.
For Japanese investors, who have shown increasing interest in crypto assets alongside traditional FX and equities, this signal may offer a useful data point for portfolio strategy amid uncertain market conditions.