Bitcoin ‘risk off’ signals fire despite traders’ view that sub-$100K BTC is a discount
Bitcoin’s bounce evaporated as the weekly close approaches and traders say multiple risk-off metrics point to a high correction risk for BTC. Is $100,000 by the end of 2025 possible?
Bitcoin (BTC) may be holding above $90,000, but data implied that its price is still flashing a significant risk-off signal. CryptoQuant’s multi-metric risk-off oscillator remained near the “High-Risk” zone, a level that historically precedes corrections and diminishes the probability of a sustained bullish trend.
Key takeaways:
Bitcoin’s risk-off signal was positioned near “High-Risk” territory, which has previously indicated a bearish period.