CryptoQuant Names Optimal Range for Profitable Bitcoin Buying

Analysts of the CryptoQuant crypto platform have determined the optimal range for a profitable purchase of bitcoin BTC $83,286.29 Bitcoin 1.50% Market capitalization $1.65 trillion VOL. 24 hours $2.67 billion - from $ 65,000 to $ 71,000. According to the experts, buying cryptocurrency within these levels can bring substantial profits in the medium term due to steady demand.

According to the experts, market dynamics show that the active realized price of bitcoin is currently concentrated at $ 71,000. This figure is based on the average value at which coins were last moved on the network and excludes long-lost or inactive assets. This approach allows for a more accurate assessment of support levels based on current market activity.

Analysts also pay attention to the true average market price, which they estimate to be around $ 65,000. They consider this level to be a key support zone around which increased demand can form, especially if the value of bitcoin falls within the mentioned range.

Experts emphasize that if quotes fall to these levels, «strong hands» — investors who hold coins for a longer period of time — may become more active in the market, while less stable participants («weak hands») may start selling. This, in turn, creates conditions for more confident players to accumulate the asset.

Other analysts have also made similar predictions. In particular, Michael van de Poppe previously identified the level of $ 76,600 as an important support, after which growth may resume. And according to Nansen researchers, the crypto market may reach the bottom by June of this year.