Bitcoin Faces Potential Phase of “Great Boredom,” According to CryptoQuant, 2026/03/14 11:19:08

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Bitcoin faces a period of 'great boredom' — CryptoQuant0

An analyst from the on-chain platform CryptoQuant has indicated that Bitcoin may be facing a phase of “great boredom.” He believes that the leading cryptocurrency could remain stuck in the $60,000–80,000 range for an extended period due to a weak influx of new capital into the market.

The expert pointed out that institutional investors are continuing to hold their positions, which may delay any recovery in price until the end of 2026 or even the beginning of 2027.

“The greatest concern at the moment is the behavior of the category of investors holding Bitcoin for 6 to 12 months. Their average entry price is around $100,000 — significantly higher than current levels. These market participants are currently experiencing unrealized losses. As long as their cost curves are trending upward, they create substantial resistance to growth,” the analyst explained.

According to him, the structural support from this group of holders remains weak. This makes Bitcoin’s price vulnerable until long-term investors begin to play a more significant role in the market structure again.

The expert also entertained the possibility of a sharp decline in the price of the leading cryptocurrency, which could trigger a chain reaction of liquidations. In such a scenario, the market could quickly “wash out” capital invested in Bitcoin at peak levels.

He estimates that such a correction could serve as a rapid, albeit painful, method of establishing a more stable price floor and might take about one to two months.

Previously, analysts from Binance Research suggested that the outcomes of the voting in the U.S. Congressional midterm elections on November 3 could act as a catalyst for the recovery of Bitcoin and the cryptocurrency market.