In a CryptoQuant Quicktake post published today, contributor BorisVest highlighted a key demand zone for Bitcoin (BTC) that could offer investors an opportunity for ‘substantial gains.’ The analyst used the Active Realized Price (ARP) and the True Market Mean Price (TMMP) to identify this critical zone. Buying Bitcoin Here Could Be Profitable Bitcoin is currently trading approximately 10% higher than its recent local bottom of nearly $77,000, recorded on March 10. However, uncertainty in the market has increased due to US President Donald Trump’s looming trade tariffs, with some analysts predicting that the top cryptocurrency could experience further downside before a trend reversal occurs. Related Reading: Is a Bitcoin Rally Coming? Exchange Net Flow Data Suggests So Amid this backdrop, CryptoQuant contributor BorisVest noted that, based on market dynamics, BTC’s ARP is currently hovering around $71,000 – representing almost a 20% pullback from its current price in the mid-$80,000 range. For the uninitiated, Bitcoin’s ARP is a metric that calculates the average acquisition price of all actively traded BTC, filtering out dormant coins. It helps identify market sentiment by showing the cost basis of active investors, providing insights into potential support or resistance levels. Additionally, BorisVest pointed out that BTC’s TMMP currently has a key support level at $65,000. The analyst stated: If we define the area between the Active Realized Price and the True Market Mean Price as a zone, we can expect that in the near future, if the price declines, it should meet significant demand in this range. In essence, BTC’s current major demand zone lies between $71,000 and $65,000. Purchasing BTC within this range could provide investors with a favorable risk-reward ratio, potentially leading to substantial gains. Analyst Points Out Key Resistance Levels In contrast to BorisVest’s analysis, prominent crypto analyst Ali Martinez identified two key resistance levels for Bitcoin. Martinez stated: Bitcoin BTC faces the 200-day MA at $86,200 and the 50-day MA at $88,300 as key resistance ahead! A break above these levels could shift momentum back to the bulls. Moving-average (MA) based resistance levels often function as key psychological and technical price barriers. Market traders typically place their sell orders around these levels, leading to price reversal or consolidation. Related Reading: Bitcoin Could Hit $112,000, But Only If It Holds Above This Key Level – Analyst Explains Martinez’s analysis aligns with that of fellow crypto analyst Rekt Capital, who noted that despite BTC breaking its daily Relative Strength Index (RSI) downtrend, it may still face significant resistance ahead. That said, a bullish trend reversal may be on the horizon for BTC. Recent reports suggest that Trump may soften his stance on reciprocal tariffs, potentially enabling a relief rally for risk-on assets like BTC. At press time, BTC is trading at $84,820, up 1.5% in the past 24 hours. Featured image from Unsplash, Charts from CryptoQuant, X, and TradingView.com
Bitcoin and the entire crypto market experienced a rollercoaster of volatility yesterday, plunging on fears of a U.S. trade war before staging a rapid recovery. The price dropped over 9% in just a few hours, hitting a low of $91,530, only to bounce back by more than 12% following reports that President Trump is negotiating with Mexico and Canada to lift tariffs. This shift in sentiment quickly fueled renewed optimism across the market. Related Reading: Solana Retraces TRUMP Meme Pump Gains – But Technicals Suggest A $300 Run Top analyst Daan shared a technical analysis on X, highlighting Bitcoin’s resilience amid uncertainty. He noted that BTC still looks much stronger than anything else in the market, maintaining a solid uptrend when viewed from a broader perspective. Despite the aggressive sell-off, Bitcoin remains structurally sound, with strong demand levels preventing deeper corrections. With BTC trading back above key levels, investors are watching closely to see if the cryptocurrency can sustain this momentum and push toward all-time highs. The coming days will be crucial in determining whether Bitcoin can solidify its position as the dominant asset in the market or if further volatility will test its strength again. For now, Bitcoin appears to be leading the market recovery, proving its resilience once more. Bitcoin Holding Bullish Price Action Despite recent volatility and aggressive selling pressure, Bitcoin continues to show strength compared to altcoins, proving its dominance in the market. While many altcoins struggle to recover, BTC has rebounded quickly from its lows, reinforcing its position as the leading asset. Yesterday’s price action further confirmed that Bitcoin is still in control, and the long-anticipated altseason may be delayed until altcoins can catch up with BTC’s momentum. Top analyst Daan shared a technical analysis on X, highlighting Bitcoin’s resilience. He noted that BTC is much stronger than anything else in the market and still looks perfectly fine when zooming out. According to Daan, Bitcoin’s demand remains significantly higher than other assets, especially during times of uncertainty. This is evident in the recent market movement, where BTC recovered swiftly while most altcoins remained stagnant or continued to drop. Daan’s analysis reveals that Bitcoin is currently trading within a defined range, with an all-time high (ATH) of $109K at the upper boundary and strong support at the $90K level. As long as BTC holds within this range, the potential for another breakout remains high. If bulls manage to push BTC above the ATH, a new bullish phase will begin, potentially leaving altcoins further behind. Related Reading: Ethereum Long-Term Bullish Structure At Risk – $2,700 Support Is Key for a $7K Target Another key factor driving Bitcoin’s dominance is institutional interest. The recent data from major on-chain analytics platforms reveals that Bitcoin accumulation remains strong among whales, with large holders continuing to add BTC despite market uncertainty. Unlike previous market cycles, where retail investors drove price surges, this rally appears to be fueled by institutions and long-term holders, making it more sustainable. Testing Key Demand Levels Bitcoin is testing crucial liquidity below the $100K mark, currently trading at $99,400 and attempting to find a strong footing before its next move. Price action remains highly unpredictable and volatile, with investors closely watching key levels for signs of a potential breakout or further downside. For BTC to confirm short-term strength, it must reclaim the $100K mark and hold it as support. This level is a psychological and technical barrier that, once secured, could trigger renewed bullish momentum. If Bitcoin struggles to maintain this level, further consolidation below $100K could follow, delaying any breakout attempts. The $98K level is another crucial support zone. As long as BTC stays above this mark, a push back above $100K remains highly likely. Losing this level could lead to a deeper retracement, testing lower demand zones before another attempt to reclaim higher levels. Related Reading: Bitcoin Trades At Discount For The Past Month Signaling Selling Pressure – What This Means To fully regain bullish momentum, Bitcoin must reclaim the $103,600 mark, a key resistance level that has limited upward moves in recent days. A successful breakout above this level would set the stage for a massive rally toward all-time highs, opening the door for BTC to enter price discovery once again. Featured image from Dall-E, chart from TradingView
Bitcoin (BTC) has seen an impressive 8% surge since Monday, solidifying $100K as a strong support level. After weeks of volatility and uncertainty, BTC has now reclaimed key levels and is pushing toward an all-time high (ATH) retest. Investors and analysts alike are closely watching Bitcoin’s next move, as bullish momentum continues to build. Related Reading: Dogecoin Is Setting For A Massive Leg Higher – Analyst Sees Bullish Consolidation Above Key Level Top analyst Axel Adler shared insights revealing that Bitcoin continues to flow out of exchanges, a sign that long-term holders are accumulating. This trend is reducing available supply, which historically has been a key driver for price appreciation in bull cycles. With fewer BTC available for trading, demand pressure could accelerate, potentially fueling a breakout into price discovery. Now that Bitcoin has regained critical resistance levels, traders are eyeing a push above ATH, which would confirm the next major leg of the bull run. However, market participants remain cautious, as BTC must hold above key levels to sustain its uptrend. The coming days will be crucial in determining whether Bitcoin can continue its climb or enter another consolidation phase before making a decisive move. Bitcoin Holds Strong Above $105K Bitcoin (BTC) has experienced high volatility in recent weeks, yet strong price action continues to defy negative market sentiment. After testing key support levels, BTC is now trading above $105K, showing resilience as it looks ready to push above all-time highs (ATH). Investors remain optimistic about Bitcoin’s long-term trajectory, with many expecting a bullish year ahead. Related Reading: Solana ‘Still Wants Lower’ As Meme Coins Face A Major Shakeout – Analyst Yesterday’s Federal Reserve meeting added to the positive market sentiment, giving BTC the momentum needed to shift back into an upward trajectory. With institutional and retail demand rising, Bitcoin remains the leading asset poised for another breakout. Crypto expert Axel Adler shared valuable insights on X, highlighting that a negative Netflow-to-Reserve ratio is a bullish signal. He pointed out that the largest BTC outflow from exchanges occurred at the Bear Market bottom in January 2023, marking strong buying activity and the first accumulation phase of the bull cycle. In 2024, peak buying activity was observed at the $100K level, reinforcing strong demand despite a slight decline in volume. The key takeaway is that Bitcoin continues to flow out of exchanges, reducing supply and fueling further price appreciation. If demand remains strong, BTC could soon break into price discovery, setting the stage for new all-time highs. BTC Testing Last Resistance Below ATH Bitcoin (BTC) is currently trading at $105,200, showing strong momentum as it inches closer to a breakout above all-time highs. The next key level to clear is $106K, which could trigger a move toward the highly anticipated $110K mark. If BTC pushes past ATH with conviction, it would confirm a bullish breakout, setting the stage for further price discovery. However, bulls must defend the $103,600 level to sustain the uptrend. This price zone has been a critical support, holding Bitcoin in a bullish structure. Losing this level could signal short-term weakness, potentially sending BTC back to test the $100K mark. Related Reading: Dogecoin Whales Accumulate 450 Million DOGE During Recent Price Dip – Time For A Breakout? For now, Bitcoin’s price action remains strong, and as long as $103,600 holds, momentum should continue to favor the bulls. With demand rising and exchange supply decreasing, BTC is in a prime position to push toward new highs. The coming days will be crucial, as traders watch for a confirmed breakout or a potential retest of key support levels. Featured image from Dall-E, chart from TradingView
Bitcoin has faced a volatile week, with sharp moves above and below the pivotal $100,000 mark, but the price still struggles to close and hold above this psychological level. The lack of a clear direction has divided investors, with some anticipating a breakout into uncharted territory while others brace for a potential correction. Related Reading: Solana Might Reach $295 Once It Breaks Key Supply Zone – Details CryptoQuant analyst Axel Adler shared key data shedding light on Bitcoin’s current dynamics. According to Adler, the nearest support level is $94,500, representing the average purchase price for short-term holders (STH) holding coins for one week to one month. This metric underscores the importance of this level as a critical threshold for maintaining market confidence. As Bitcoin grapples with resistance at $100K, the $94.5K support will be crucial in shaping the next phase of price action. A successful defense of this level could reignite bullish momentum, while a breakdown might trigger a deeper retrace. With the broader market still indecisive, Bitcoin’s movements in the coming days will be closely watched by traders and investors seeking clarity in an uncertain environment. The battle for $100K continues, and all eyes are on whether Bitcoin can finally claim this level as solid ground. Bitcoin Demand Remains Strong Despite significant selling pressure and choppy price action, Bitcoin demand remains robust, keeping the price above crucial demand zones. Investors appear to be holding their ground, contributing to a period of consolidation as they prepare for Bitcoin’s next major move. The current sideways trend reflects market indecision, yet it underscores the resilience of Bitcoin’s price in the face of volatility. Axel Adler, a prominent CryptoQuant analyst, recently shared critical insights into Bitcoin’s support levels on X. According to Adler, the nearest support level is $94,500, which represents the average purchase price for short-term holders (STH) holding coins for one week to one month. This level has become a key threshold, providing strong demand and acting as a safety net for BTC during periods of downward pressure. Further analysis reveals that $80,800 marks the average purchase price for the broader STH cohort. This level is pivotal as it represents a deeper liquidity zone that could come into play in a more significant correction. These data points suggest that $94.5K and $80.8K will be critical to monitor in the coming days and weeks. Related Reading: Cardano Follows 2020 Bullish Pattern – Top Analyst Plans To Take Profits Between $4 And $6 As Bitcoin consolidates, the market anticipates whether these key support levels will hold or demand will drive BTC into its next bullish phase. The stakes are high, and investors are closely monitoring these liquidity zones. BTC Finding Fuel Below $100K Bitcoin is trading at $98,000 after failing to sustain a breakout above the critical $100,000 level over the past week. Despite this, the price remains resilient, with bulls finding momentum to push BTC closer to reclaiming this psychological threshold. The market watches closely as Bitcoin consolidates, signaling preparation for its next significant move. Key resistance lies at $101,200, which analysts view as pivotal for triggering the next leg up. If Bitcoin successfully reclaims and holds above this zone, it could pave the way for a strong bullish surge, driving the price into uncharted territory. Such a move would likely attract renewed interest and capital, solidifying the current rally. Related Reading: PEPE Whales Increased Their Holdings By $1.4 Billion Yesterday – Details However, the downside risk remains a concern. Should Bitcoin fail to break above $101,200 and lose the $94,500 support level—identified as a critical threshold by analysts—investors could see a correction phase unfold. This scenario would likely target deeper liquidity zones, such as $80,800, as potential support areas. Bitcoin’s ability to hold its ground and reclaim key levels will determine its direction in the coming days. Traders closely monitor price action for signs of strength or weakness amid growing market anticipation. Featured image from Dall-E, chart from TradingView