Bitcoin (BTC) is one of the most optimistic stages since January 2023.
Bitcoin Bull Score Index. Source: cryptoquant
Cryptoquant’s “Crypto Weekly Report” newsletter explained that the “Bull Score Index” reading value under 40 years of age increases the possibility of the bear market. The bull score was maintained at 40 or more in 2024, and as confirmed in the chart above, it fell below this threshold in February 2025.
But for the last 24 hours, Bitcoin Price has shown elasticity compared to the enormous losses found in the US stock market. On April 3, Bitcoin ended the day with green candle and the S & P 500 fell 4.5%.
The S & P 500 and Dow Jones have been extended on April 4, down 3.87% and 3.44%, while Bitcoin has been steadily maintained near Breakeven point.
Related: Arthur hayes likes tariffs because printed money is good for Bitcoin.
Is Bitcoin near the dangerous stage?
According to Cryptoquant’s data, Bitcoin’s Value Days Destrofed (VDD) Metric is currently about 0.72 and the bitcoin price is in the conversion stage. Since 2023, such a period has been preceded by the accumulation of price integration or updated before optimistic breakout.
Bitcoin value work has been destroyed. Source: cryptoquant
The Bitcoin VDD Metric has traced the long -term coin movement and announced a notable market trend since late 2024, which peaked at 2.27 on December 12, and this dynamic reached the highest in 2021 and 2017. But VDD fell to 0.65 in April.
This opens the possibility of Bitcoin’s “dangerous” market. In the financial side, the “dangerous-on” scenario occurs when an investor accommodates high-risk assets such as cryptocurrency, often led by the average return of optimism and trend.
During the market uncertainty promoted by the US -led trade war, Bitcoin was unexpectedly obtained under these tense conditions.
Crypto Trader Jackis said about the potential of Bitcoin and Crypto Market, said Crypto Trader Jackis.
“Notice, this is not a decline in encryption, but a decline in danger, tariffs, and trade wars. All of this is developing, but encryption is likely to have already suffered most of the disadvantages, and it seems to be absorbed well in recent years.”
Similarly, Crypto Fear & Greed Index showed a “fear” category with 28 points on April 4, which suggests that the price is attractive by registering a “extreme fear” score on April 3rd to offer an attractive purchase opportunity.
Encryption horror and greed index. Source: alternative.me
Related: DXY softly reduces 10 -year financial returns to 4%. Is it time to buy Bitcoin price dip?
This article does not include investment advice or recommendation. All investment and trading measures include risks, and the reader must do his own research when making a decision.