reversal?

Bitcoin Growth Rate Difference: Bears are losing strength, but is it enough for a trend reversal?

Bitcoin has been technically in a bear season since October 30th.

What is Growth Rate Difference?

This metric measures the difference between Bitcoin's Market Cap growth rate and Realized Cap growth rate.

Market Cap represents speculation, while Realized Cap represents actual capital inflows. Positive values indicate bull markets where speculative demand dominates, while negative values signal bear/consolidation periods where price grows slower than actual capital flows or declines.

Simply put, if price growth outpaces real money inflows it's a bull market, if slower it's a bear market.

Conclusion

We've been in negative territory since October 30th, which technically means bear season.

However, we've moved from -0.0013 on November 22nd to -0.0009 today. Bears are losing strength, pressure is easing, but we haven't broken above zero yet. So the correction continues, momentum is weakening for bears, but we can see bulls haven't taken control. Patience is key.

Until we break the zero line, this isn't a recovery—it's just bears getting exhausted.

Do you think the trend can break above 0 (bull territory) before the end of Q1?