Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin Demand Still Absorbing
Sales – However
Risk Of Growing Supply Remains
High
Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin Demand Still Absorbing Sales – However Risk Of Growing Supply Remains
High
by Sebastian Villafuerte
3 minutes ago
in Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin News
0
Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin has seen unpredictable and volatile activity recently, with price
action testing both psychological and technical boundaries. The cryptocurrency• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта
failed to break above the coveted $100,000 mark while showing resilience by
holding firmly above the $90,000 level. This tight range has left traders and
investors on edge, watching closely for a decisive move.
Related Reading: BTC Sets Record In Weekly Realized Profits – Data Supports
Strong Demand
Amid this volatility, the broader crypto market• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта is experiencing unprecedented
demand, signaling a bullish outlook that could keep the BTC
party alive in the coming months.
However, challenges remain, as key data from CryptoQuant indicates elevated
risks of coin sales by current holders. This suggests potential headwinds,
even as demand drives the market forward.
As Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin consolidates , the market appears poised for its next major move.
Whether BTC can break above $100K or face a deeper retracement below $90K will
depend on how these dynamics play out. The coming weeks will be critical as
participants navigate this volatile phase and assess BTC s capacity to
lead the market to new heights.
Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin Showing Selling Signals: What’s Different This Time?
Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin has been on an impressive upward trajectory since November 5, surging
by 50% as it approached key psychological levels, including the $100K mark.
However, after reaching this monumental rally, BTC retraced over 8%, testing
critical demand levels. Despite this pullback, the price remains exceptionally
strong, supported by a solid• Отдых, развлечения » Хобби » Коллекционирование » Нумизматика » Монета » Средневековые монеты » Солид base of new market participants.
According to CryptoQuant analyst Axel Adler , while there is a high risk of
coin sales by holders—particularly those in the market for the long haul—the
dynamics are different compared to similar situations in March. Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin
Sell-side risk ratio | Source: Axel Adler on X
At that time, the selling pressure from long-term holders outpaced demand,
causing BTC s price to retreat. Currently, however, the demand from new
participants is effectively absorbing the sales of long-term holders,
mitigating downward pressure and helping sustain the uptrend.
This suggests that BTC has the potential to push further, with analysts
targeting $100K to sub-$110K levels in the short term. However, as prices
rise, the likelihood of increased selling pressure grows, which could
eventually trigger a significant correction.
Related Reading: XRP Experiencing A Leverage-Driven Rally – What This Means To
Price
In this cycle, it s not a question of if but
when Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin will face its first major pullback. The combination
of strong demand and mounting pressure from holders looking to cash out will
likely result in a healthy correction, which could serve as a buying
opportunity for those looking to capitalize on Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin’s long-term potential.
The key will be monitoring how demand continues to absorb these sell-offs.
Testing Demand Before A Breakout
Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin is currently testing a key demand level around $95,000, which needs to
hold in the coming days for BTC to continue its push toward the $100,000 mark.
This price level has proven to be significant for short-term strength, and if
it holds, Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin could break above $100,000, signaling a continuation of the
bullish trend. BTC testing demand around $95K | Source: BTCUSDT Chart on
TradingView
The $95,000 level acts as a crucial support on the 4-hour chart, and
maintaining it would suggest that there is enough buying pressure to propel
Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin to new highs. However, if Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin fails to hold this level, the price
could see further downward pressure, potentially testing demand around $90,700
or even $87,602. The latter price range aligns with the 4-hour 200 exponential
moving average (EMA), a key technical indicator that often signals areas of
support during pullbacks.
Related Reading: On-Chain Data Reveals Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin Whales Aren’t Selling –
Investors See Long-Term Potential
In the next few hours, all eyes will be on this support level, as a break
below $95,000 would shift the momentum to the downside. On the other hand,
holding above this level could pave the way for Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin to surge past
$100,000, continuing its impressive bull run. The price action around $95,000
will be critical in determining Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin s next move.
Featured image from Dall-E, chart from TradingView
