The analytical platform CryptoQuant has warned that Bitcoin's growth may face a slowdown as it approaches the $90,000 mark. This potential deceleration is attributed to a wave of profit-taking by short-term traders.

Source: CryptoQuant.

Experts at CryptoQuant noted that the average purchase price for coins that have changed hands in the last one to three months stands at $64,300. The upper limit for profitability for these investors is identified at $90,300, representing a 40% increase over their buying price.

This price zone aligns with a significant cluster of on-chain supply between $88,000 and $90,000, where historically, selling pressure tends to increase as these levels are approached. Analysts emphasized that this represents a natural pause within the upward trend, rather than a market reversal.

They described the pathway from the current price around $86,000 to the profit-taking zone as clear. The price's return above the 365-day moving average of $80,500 has confirmed the onset of a new bullish cycle. Current on-chain metrics, technical analysis, and fundamental indicators suggest continued growth ahead.

Ki Young Ju, the CEO of CryptoQuant, stated that the influx of institutional investors will help moderate the amplitude of future cycles. Large capital tends to temper extreme price surges while simultaneously protecting the market from severe downturns.

I expect this Bitcoin bull cycle to deliver 3–5x rather than another 10x+ parabolic rally, followed by a milder bear market.

When Bitcoin was smaller and retail dominated, hot money fueled explosive rallies and 80% crashes. Today, a much larger market and growing institutional… pic.twitter.com/KmUd32jq13

— Ki Young Ju (@ki_young_ju) September 22, 2026

He further supported his view with the MVRV ratio, which has not dipped below the critical level of one throughout 2026. This indicates that most investors remain in aggregate profit.

It is also noteworthy that on September 21 and 22, net inflows into U.S. spot Bitcoin ETFs exceeded $1.7 billion.

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