CryptoQuant analysts have identified on-chain metrics that show the Bitcoin (BTC) price has found its bottom and cryptocurrencies are on the rise again. We need to watch for signals such as high bullish momentum, increasing BTC demand, and rapid stablecoin liquidity growth. 📈🚀😉

Bitcoin's final price support level is $56,000 according to Metcalfe price valuation bands. A fall below this level could trigger a major correction that could cause further value to disappear from the market. This level could determine whether Bitcoin has found its bottom.

Additionally, traders' on-chain unrealized profit margins becoming positive could signal incoming rallies. An increase in Bitcoin flow indicates an increase in US investor demand for Bitcoin, which is often associated with higher prices.

Finally, the acceleration in stablecoin liquidity, often seen as the 60-day growth in the market cap of Tether (USDT), indicates the inflow of capital into the market – a critical metric needed for prices to move north.

Do you think Bitcoin has found its bottom? We are waiting your comments! 🧐👇