Bitcoin gradual recovery continues, with the asset currently trading at $95,409 after posting a 1.7% gain over the past 24 hours. In the last two weeks, BTC has climbed nearly 15%, recovering steadily from its recent period of correction. While the momentum appears measured compared to past breakouts, the underlying market data suggests that structural shifts are underway that could influence the next major move. So far, several indicators are pointing toward improving sentiment, particularly within the derivatives market, which now dominates Bitcoin’s overall trading volume. Recent observations from analysts highlight a shift in the balance of trading activity, hinting that long positions are regaining strength over shorts. Meanwhile, updated cycle models suggest Bitcoin may still have room to extend its current trend, with structural similarities emerging between the present market and the 2017 cycle. Related Reading: Bitcoin Sees Highest Exchange Outflows In 2 Years, What This Means For Price Bitcoin Net Taker Volume Turns Positive, What Does It Signal? According to CryptoQuant analyst Darkfost, the 30-day moving average of Bitcoin’s Net Taker Volume has returned firmly to positive territory. Net Taker Volume is an indicator that compares the relative size of long and short positions in the derivatives market over a given period. A positive reading indicates that buying pressure (long positions) outweighs selling pressure (short positions), while a negative reading suggests the opposite. Darkfost noted that derivatives markets now account for roughly 90% of total Bitcoin trading volume, surpassing spot and exchange-traded (ETF) volumes. As a result, shifts in derivatives sentiment can often foreshadow broader price movements. The return of the Net Taker Volume into positive territory suggests that speculative participants are positioning for continued upside. This realignment in the derivatives market, if sustained, could act as a catalyst to reinforce Bitcoin’s recent gains and set the stage for further price discovery. Cycle Model Adjustments Point to Uptrend Continuation In a separate analysis, CryptoQuant analyst Mignolet provided insight into Bitcoin’s longer-term trend outlook. Using a refined cycle model based on market capitalization data, Mignolet suggested that traditional cycle indicators have been slow to reflect the latest recovery. Related Reading: Bitcoin Price Sees Short-Term Dip — Bulls Plot Their Next Move To address this lag, adjustments were made to the model’s time series to detect earlier shifts in market behavior. Mignolet observed that what appeared to be a “bear market” zone under traditional models was, in reality, a buying opportunity within an ongoing upward cycle. The current market structure, according to Mignolet, resembles the later stages of the 2017 bull market rather than the early phases of a new downturn. If this parallel holds, Bitcoin could still have significant upside potential before entering a major correction phase. Featured image created with DALL-E, Chart from TradingView
Bitcoin (BTC) continues to hover in the mid-$90,000 range, posting modest gains over the weekend following reports that China has exempted certain US-based products from a 125% tariff rate. However, the leading cryptocurrency now faces a critical resistance level that could determine its near-term price trajectory. What Do On-Chain Metrics Indicate? In a recent CryptoQuant Quicktake post, on-chain analyst BorisVest noted that BTC has entered a stagnation phase as short-term holders have begun realizing profits. The contributor warned that if this ongoing profit-taking is not fully absorbed, it could trigger a fresh wave of selling. Related Reading: Bitcoin Must Clear This Critical Cost Basis Level For Continued Upside, Analyst Says BorisVest also highlighted that BTC exchange reserves – which had been depleting at a significant rate until last week – are now starting to stabilize. As a result, enhanced selling pressure could emerge for the apex cryptocurrency. The analyst added that both BTC inflows and outflows on crypto exchanges are currently balanced, suggesting a neutral market state. Moreover, while short-term holders were previously selling at a loss, they have now entered profitable territory. The Spent Output Profit Ratio (SOPR) has risen to 1.04, indicating that investors who bought BTC at recent lows – possibly around $76,000 earlier this month – are now cashing out. For those unfamiliar, SOPR measures the profit or loss of Bitcoin transactions by comparing the price at which coins were originally acquired to the price at which they are now spent. A SOPR value above 1 signals that holders are selling at a profit, while a value below 1 indicates they are selling at a loss. Additionally, the current SOPR metric reveals increased selling activity with rising prices, suggesting that BTC whales and institutional investors are likely taking profits. The Net Realized Profit and Loss (NRPL) metric supports this view, having sharply rebounded from about $2 billion in realized losses to $3 billion in realized gains. Bitcoin Faces Critical Resistance – Can BTC Continue Its Rally? According to the post, Bitcoin now faces significant resistance at $96,000. If BTC manages to break through this level with strong volume and momentum, it could turn this resistance into a new support base and continue its rally. Related Reading: Bitcoin Following Gold’s Footsteps? Analyst Sets Mid-Term Target At $155,000 Conversely, a failure to decisively break through $96,000 could stall Bitcoin’s rally and potentially trigger a price pullback toward the $80,000 range. Therefore, monitoring BTC’s price behavior around this critical resistance level will be crucial. That said, Bitcoin’s apparent demand has recently shown a sharp momentum shift, reigniting hopes for a sustained rally that could lead to a new all-time high. At press time, BTC is trading at $93,972, up 0.3% over the past 24 hours. Featured image from Unsplash, charts from CryptoQuant and Tradingview.com
It was quite the coincidence that the cryptocurrency market jolted back to life after Easter Sunday, with Bitcoin leading the way with more than a double-digit gain. While the price of BTC continues to hold above the critical $94,000 level, the premier cryptocurrency seems to be losing some momentum. Unsurprisingly, investors appear to be increasingly confident in the promise of this recent rally, as significant amounts of BTC continue to make their way off major centralized exchanges over the past few days. Here’s how much investors have moved in the past few days. Over 35,000 BTC Move Out Of Coinbase And Binance In a Quicktake post on the CryptoQuant platform, crypto analyst João Wedson revealed that Binance, the world’s largest cryptocurrency exchange by trading volume, has seen increased activity over the past few days. The exchange netflow data shows that huge amounts of Bitcoin have been withdrawn from the platform in recent days. Related Reading: Bitcoin Sees 4th Dip in Funding Rates This Year — What Does This Mean For BTC? According to CryptoQuant data, a total of 27,750 BTC (worth $2.63 billion at current price) was moved out of Binance on Friday, April 25. This latest round of withdrawals represents the third-largest net outflow in the centralized exchange’s history. The movement of significant crypto amounts from exchanges, which offer services like selling to non-custodial wallets, suggests a potential shift in investor sentiment and strategy. Large exchange outflows often signal increased confidence of holders in the long-term potential of an asset. Wedson noted that the recent outflows do not guarantee a price rally for Bitcoin, but they do signal strong institutional activity, which is often a precursor for major volatility. Citing China’s crypto ban in 2021, the crypto analyst highlighted how massive exchange outflows didn’t prevent the dump. At the same time, Wedson mentioned that the continuous Bitcoin outflows over several days, like during the FTX collapse, preceded a price bottom and the eventual market recovery. Ultimately, the online pundit hinted at paying close attention to the overall trend of the exchange netflow rather than a single-day activity. Similarly, more than 7,000 BTC (worth approximately $66.5 million) have made their way out of the Coinbase exchange. According to the CryptoQuant analyst Amr Taha, this negative exchange netflow could be an indicator of increased institutional activity, as Coinbase is known as the primary crypto vendor for US-based institutions. Taha said: These large outflows typically suggest accumulation by institutions or large investors, potentially signaling bullish sentiment. The analyst outlined that if the dwindling exchange reserves correlate with an increased spot demand or ETF inflows, a supply squeeze could be on the horizon, potentially pushing the price to the upside. Bitcoin Price At A Glance As of this writing, the price of BTC sits just beneath $95,200, reflecting an almost 2% increase in the past 24 hours. Related Reading: Is The XRP Price Rally Over At $2.22? New Developments Suggest Major Pump Is Coming Featured image from iStock, chart from TradingView
The price of Bitcoin jumped by more than double digits over the past week, putting in one of its best performances so far in 2025. After struggling under $87,000 for the past two months, the flagship cryptocurrency has finally returned above the $90,000 level. It remains unclear whether the recent BTC price surge is a continuation signal for the bull cycle. However, the latest on-chain data suggests that the investor sentiment might be turning positive again, meaning that the Bitcoin bull run could truly be back on. ‘ETF Printer Goes Brrr’ – Crypto Analyst In an April 25 post on the X platform, a crypto analyst with the pseudonym Maartunn shared an on-chain insight into the recent price rally experienced by the world’s largest cryptocurrency. According to the online pundit, the growing appetite of exchange-traded fund (ETF) investors in the past few days might have contributed to the Bitcoin bullish momentum. Related Reading: Litecoin Conviction Remains Strong: More Than 20% Of Supply Frozen Since 5+ Years The relevant indicator here is the Coinbase Premium Gap, which tracks the difference between the Bitcoin price on US-based Coinbase Pro (USD pair) and global Binance exchange (USDT pair). When this difference is positive, it implies BTC is trading at a higher price on Coinbase than on Binance. Typically, a positive Coinbase Premium Gap indicates that US-based investors are purchasing Bitcoin aggressively, especially through ETF issuers that use Coinbase as a liquidity provider. According to data from CryptoQuant, this metric’s 30-hour moving average has stayed positive for more than 265 straight hours (approximately 11 days). Maartunn noted that this is the fifth-longest streak since the spot Bitcoin exchange-traded funds started trading in January 2024. Typically, a consistently positive Coinbase Premium Gap suggests that US institutional players and large investors are willing to pay above-market prices for Bitcoin — specifically through regulated channels like ETFs or custodial platforms. This prolonged positive streak is historically correlated with positive price action and accumulation phases for the flagship cryptocurrency. Hence, the latest spike in the Coinbase Premium Gap could provide the adequate condition to sustain Bitcoin’s newly-found bullish momentum and perhaps catalyze the next significant breakout. Bitcoin Price At A Glance The price of Bitcoin has climbed above $95,000 for the first time since February, reflecting a 2% increase in the past 24 hours. According to CoinGecko data, the premier cryptocurrency has surged by more than 13% in the past seven days. Related Reading: Bitcoin Holders Realizing $139 Million In Profit Per Hour This Rally, Report Says Featured image created by DALL.E, chart from TradingView
Ethereum is gradually regaining momentum after a recent correction, now trading above $1,700, reflecting a 12.2% increase over the past week. This recovery has drawn attention from analysts, who seem to be looking into the asset’s movement for signs of sustained strength or renewed volatility. Despite this short-term rise, ETH remains approximately 63% below its all-time high of $4,878 reached in 2021, highlighting the broader downturn that has characterized the Ethereum market since late 2021. Related Reading: Ethereum Whales Just Accumulated 640K ETH, Is a Bigger Rally Coming? Ethereum Derivative Exchange Inflows Point to Potential Volatility Recent on-chain data and exchange flows suggest Ethereum’s price trajectory may be influenced by broader macro factors and strategic trading behavior. Among the latest observations is a notable surge in ETH sent to derivative exchanges, a metric often linked to increased speculative activity or changes in trader positioning. This trend, coupled with key political developments in the US, has raised new questions about what might be next for Ethereum and the wider crypto market. According to an analysis by Amr Taha, a contributor on CryptoQuant’s QuickTake platform, Ethereum has recorded unusually large inflows to derivative exchanges in the past 48 hours, with one spike exceeding 80,000 ETH. Historically, such inflows are seen ahead of periods of increased volatility, as traders shift assets to leverage positions or hedge against expected price movements. While not a definitive predictor of direction, this behavior suggests rising expectations of short-term market activity. Taha’s analysis notes that the inflow coincided with a recent political statement from US President Donald Trump, who confirmed he has no intention of removing Federal Reserve Chair Jerome Powell. This announcement was interpreted by markets as a signal that the Fed will continue to operate independently, easing concerns about political interference in monetary policy. Taha notes that given how closely crypto markets respond to central bank tone and economic indicators, this development added a layer of macro stability to a market already reacting to technical signals. BTC Whale Activity and Derivatives Data Suggest Tactical Shifts While Ethereum-specific data remains the primary focus, Taha also highlighted key movements in Bitcoin markets that may have indirect effects on ETH. On April 23, over $600 million worth of BTC was transferred from whale wallets to exchanges, marking the largest single-day BTC inflow in several weeks. This came after a breakout in the BTC/GBP pair, which triggered significant short liquidations. According to Taha, the large BTC transfer may reflect a setup where late long entries could face downside risk if selling pressure intensifies. For Ethereum, this backdrop raises the possibility of a short-term retracement, especially if correlated selling occurs across major digital assets. Related Reading: Ethereum Flashes Bullish Golden Cross – Is A Major Rally On The Horizon? A buildup of long positions sitting just below current price levels, paired with newly added exchange supply, introduces liquidity zones that the market may test. As a result, both BTC and ETH could see increased volatility in the near term, driven by stop-loss hunts or profit-taking activity. Featured image created with DALL-E, Chart from TradingView
A new Bitcoin price prediction suggests that the flagship cryptocurrency needs just one more leg up to kickstart a powerful bullish move toward $150,000 and beyond. With Bitcoin getting ready to once again hit new all-time highs, technical formations suggest that this projected rally could be the final confirmation of a long-term breakout. Bitcoin Price Roadmap To $150,000 ATH A new Bitcoin price analysis released by market expert CrediBull Crypto on X (formerly Twitter) predicts that BTC is gearing up for a massive surge to $150,000. The analyst shared a Bitcoin price chart, using Elliott Wave theory on the lower time frames to break down the roadmap to this new all-time high target. Related Reading: Bitcoin Price Bullish Confirmation: What Needs To Happen For Next Leg Up To $130,000 Bitcoin is currently forming a 5-wave impulse move on the lower timeframe. The recent price action suggests that it has completed sub-waves i, ii, iii, iv, and v, collectively forming what appears to be Wave 1. Following this, the cryptocurrency experienced a collective pullback in Wave 2, which acted as support and now serves as a launchpad for the next major leg in Wave 3—the longest and most explosive wave in an impulse sequence. If the next wave completes to the upside, it would strongly suggest that Bitcoin is not in a corrective pattern but rather an impulsive trend that could take it to a six-figure valuation once again. CrediBull Crypto has highlighted $89,000 as a critical level for Bitcoin. He suggested that if the cryptocurrency drops below this price zone before pushing higher, the Elliott Wave structure would likely morph into a 3-legged corrective pattern rather than a 5-wave impulse. This move would imply that the projected rally is not the start of a macro breakout, and the market may have to wait longer for a confirmation. On the other hand, holding above $89,000 and printing a higher high would complete the anticipated final leg up, validating the start of the large Wave 3 on higher time frames. This bullish scenario would support a strong accumulation strategy, where price declines could become opportunities to buy as Bitcoin targets $150,000 or more. MVRV Golden Cross Signals BTC Bull Rally Bitcoin’s Market Value to Realized Value (MVRV) ratio has formed a Golden Cross with its 365-day Simple Moving Average (SMA), according to fresh data shared by crypto analyst Ali Martínez. The analyst has shared an optimistic outlook for Bitcoin, highlighting that this technical event could spark the next BTC bull rally. Related Reading: Bitcoin Price Following Analyst’s Prediction For Bullish Breakout, Here’s The Target The Bitcoin chart, published via CryptoQuant, highlights the MVRV ratio surging above the long-term Moving Average. A rising MVRV ratio typically suggests that BTC holders are once again in profit, and sentiment is shifting from bearish to bullish. The last time this crossover occurred, Bitcoin saw a multi-month rally that pushed its price to new all-time highs. Featured image from Pixabay, chart from Tradingview.com
Bitcoin has seen a modest decline in price after climbing above $94,000 earlier in the week. At the time of writing, BTC is trading at $92,775, reflecting a 1.3% decrease over the past 24 hours. The move comes after a multi-day rally that saw Bitcoin gain nearly 10% since the beginning of the week, raising questions about whether the recent momentum is sustainable or a temporary uptick amid broader market uncertainty. While price action has stalled slightly, on-chain data and exchange behavior are beginning to shape a clearer narrative for Bitcoin’s short-term outlook. Related Reading: Bitcoin Explodes Above $94,000 — What’s Igniting The Fire? Shift in Exchange Flows Signals Accumulation and Reduced Selling Pressure According to a new analysis from CryptoQuant contributor Novaque Research, investor behavior on Binance, currently one of the largest retail-focused crypto exchanges, may offer valuable insight into what comes next for BTC, particularly regarding liquidity conditions, positioning, and potential short-term price squeezes. Novaque Research pointed to notable changes in exchange flow patterns that appear to coincide with Bitcoin’s recent price behavior. Between April 6 and April 10, Bitcoin inflows into Binance exceeded 15,000 BTC. During this same period, Bitcoin’s price hovered in the $85,000 to $87,000 range. The analysts interpret this as indicative of increased sell-side pressure, likely driven by short-term traders liquidating positions or preparing for tax-related obligations. In contrast, between April 19 and April 23, Binance experienced over 15,000 BTC in outflows as the price moved above $93,000. This activity suggests a shift toward accumulation, with investors moving assets into self-custody—a trend often viewed as bullish since it implies reduced short-term selling risk. Supporting this view, the Exchange Reserve metric shows a declining trend since April 18, while the Exchange Whale Ratio fell below 0.3 on April 23, suggesting that large-volume traders are stepping back, and the market is becoming more influenced by retail behavior. Bitcoin Short Squeeze Potential Emerges as Leverage and Whale Activity Decline Alongside changes in exchange flows, Novaque Research notes that the structure of Bitcoin’s leveraged positions has also evolved. According to the analysis, leveraged long positions were largely flushed out in the $82,000 to $88,000 range, indicating that many short-term traders exited during the recent price swings. At the same time, short positions remain concentrated just above the $92,000 level, which could make them vulnerable to a short squeeze if the market gains further upward momentum. Related Reading: Bitcoin Buyers Take Control on Binance, But Funding Rates Flash a Warning The report concludes that market conditions are now more balanced, with fewer large players influencing price direction and thinner liquidity zones above current levels. The CryptoQuant contributor noted: With the market structure cleaned up and liquidity thin above present levels, any trigger (ETF flows, Fed pivot , EM weakness) may rapidly propel BTC above $98K-$100K. Featured image created with DALL-E, Chart from TradingView
Ethereum’s price has recently mirrored broader trends in the cryptocurrency market, rising to above $1,800 before retracing as part of a wider market correction. At the time of writing, ETH is trading at $1,754, showing a 3.3% decrease in the past 24 hours, while the total crypto market cap slipped by 3.6% during the same period. Although short-term price movements reflect shifting momentum, on-chain metrics signal deeper changes that may have broader implications for Ethereum’s network health and investor sentiment. Related Reading: Ethereum Adds 12% In 24 Hours – On-Chain Metrics Point To Modest Resistance Ahead Ethereum Long-Term Holders Accumulate as Inflows Hit Multi-Year Highs Recent data from CryptoQuant reveals that long-term Ethereum holders are increasing their activity. These wallets, known for never selling their ETH, have seen one of their highest inflows in recent years. This coincides with rising network activity, including a notable uptick in active addresses and transactional volume. Together, these developments suggest that behind the surface-level volatility, there may be a quiet phase of accumulation and user engagement building within the Ethereum ecosystem. CryptoQuant contributor OnChainSchool reports a significant development among Ethereum’s long-term holding addresses. In the last 48 hours, over 640,000 ETH flowed into wallets that have maintained a strict accumulation pattern without any recorded selling behavior. This marks the largest inflow to such wallets since 2018, suggesting that entities with a long-term outlook are increasing their exposure during the current price range. The behavior of these accumulation-only wallets is often viewed as a proxy for investor conviction, particularly among participants who are not influenced by short-term volatility. According to OnChainSchool, this activity during a period of price drawdown may reflect strategic positioning ahead of potential future developments. It’s also notable that these inflows come at a time when Ethereum fundamentals such as its transition to proof-of-stake, L2 adoption, and evolving staking mechanisms continue to advance. If sustained, this trend could help establish a support zone around current price levels. Network Activity Rises as Active Addresses See Double-Digit Growth Complementing the rise in long-term holder activity is a surge in Ethereum network usage. Another CryptoQuant analyst, Carmelo Alemán, highlights that the number of active Ethereum addresses grew by nearly 10% between April 20 and April 22, jumping from around 306,000 to over 336,000. This metric counts unique wallet addresses that were involved in transactions as either senders or receivers over a given period. While active addresses alone do not capture the full picture, Alemán notes that the metric should be viewed alongside others such as exchange volume, gas fees, transaction count, and Layer 2 activity. Related Reading: 77K Ethereum Moved to Derivatives—Is Another Price Crash Looming? The rise in address activity, especially when paired with a simultaneous price increase, is often taken as a sign of broader user engagement and growing application-layer demand. Featured image created with DALL-E, Chart from TradingView
Bitcoin has reclaimed significant ground after a steep correction earlier this month, now trading above $93,000. The cryptocurrency is currently priced at $94,014, reflecting a 5% increase over the past 24 hours and more than 20% in gains over the last two weeks. This price level marks a renewed effort to recover from the recent drop that saw BTC reach as low as $74,000, placing attention on both market sentiment and underlying network behavior. With renewed interest in Bitcoin following last year’s Halving event, a CryptoQuant analyst has revealed interesting insights on BTC’s mining dynamics. Related Reading: Bitcoin Rockets To Monthly Highs As Open Interest Explodes By Over $3 Billion Post-Halving Emission Rates Deviate From Theoretical Output CryptoQuant contributor Carmelo Alemán has presented new insights into Bitcoin’s block issuance and total daily mining output, revealing a gap between theoretical assumptions and real-world data. His observations suggest that while Bitcoin’s block schedule is largely predictable, on-chain measurements may provide a more accurate view of post-Halving supply behavior. According to Bitcoin’s protocol, one block is expected to be mined every 10 minutes. Following the April Halving last year, the reward for each block was reduced from 6.25 BTC to 3.125 BTC. This would imply that approximately 144 blocks are produced daily, leading to an estimated 450 BTC entering circulation each day (3.125 BTC × 144 blocks). However, Alemán’s analysis indicates that the actual number of newly mined coins is often lower than this theoretical estimate. By using the “Bitcoin: Total Supply” metric from CryptoQuant with daily resolution, Alemán examined the actual change in circulating supply and found discrepancies between the expected output and on-chain reality. These variances may result from slower-than-average block times, network difficulty adjustments, or temporary congestion within the mining ecosystem. While the Bitcoin protocol maintains a ten-minute block target, real-world mining activity does not always align with that schedule precisely on a daily basis. Bitcoin On-Chain Metrics Offer Real-Time Supply Monitoring The significance of Alemán’s findings lies in their implication for how Bitcoin supply is tracked and understood by investors, miners, and analysts. Instead of relying solely on theoretical projections based on protocol rules, on-chain metrics provide a view of actual blockchain activity. These insights can help refine market models, particularly during transitional periods such as post-halving adjustments. The halving event, which reduced the block reward by 50%, is designed to limit Bitcoin’s inflation rate and enforce its fixed supply cap. However, Alemán’s data suggests that monitoring total supply growth through blockchain records offers a more granular understanding of how much BTC is entering circulation on a day-to-day basis. This can influence market supply-demand calculations and even miner profitability estimates. Featured image created with DALL-E, Chart from TradingView
Bitcoin has finally reclaimed the psychologically $90,000 level once again following a recent period of significant correction that brought it to trade as low as $74,000 in recent weeks. So far, BTC has now steadily rebounded, rising by 13.1% in the past two weeks to currently trade at $90,279, marking a 3.3% increase in the past day. This price movement has coincided with notable changes in derivatives data and on-chain behavior. CryptoQuant analysts have particularly pointed to the rise in funding rates on Bitcoin futures, alongside diverging actions between long-term and short-term holders. Related Reading: Bitcoin Rally Ahead? Analysts Say These Key Indicators Look Bullish Bitcoin Funding Rate Reversal Suggests Further Upward Move CryptoQuant analyst known as ShayanBTC has drawn attention to the recent trend in Bitcoin futures funding rates, which have rebounded sharply following the market’s prior correction. According to his analysis, the simultaneous decline in both price and funding rates during the sell-off pointed to a reduction in speculative positioning. This pattern bears resemblance to conditions between March and September 2024—a period marked by sideways movement before a notable rally. Now that funding rates are rising again, it suggests that traders are becoming more aggressive in opening long positions. This shift may indicate growing confidence in continued upside potential. If this trend sustains, Shayan notes that Bitcoin could test the $93,000 resistance level, a key area to watch before any attempt to challenge its all-time highs. Funding rates are often viewed as sentiment indicators within the derivatives market, with positive rates reflecting increased demand for long exposure among traders. Long-Term Holders Accumulate as Short-Term Participants Exit A separate analysis from another CryptoQuant analyst, IT Tech, highlights a clear divergence in the behavior of different investor groups. Long-term holders (LTHs), defined as those holding BTC for more than 155 days, have resumed net accumulation for the first time since the last local market peak. This shift suggests that experienced participants are beginning to reposition, potentially in anticipation of a broader recovery. LTH activity is typically associated with strategic investment decisions rather than short-term trading. In contrast, short-term holders (STHs) continue to exit the market, with net position change data showing negative outflows. These movements are often driven by immediate price action and short-term volatility, and such capitulation has historically coincided with local market bottoms. The combination of renewed LTH accumulation and STH exits may point toward the early stages of a re-accumulation phase—a setup that has previously supported future upward momentum in Bitcoin’s price. Featured image created with DALL-E, Chart from TradingView
Altcoins led by ETH, DOGE, SUI followed BTC higher as Treasury Secretary Bessent's comments on U.S.-China trade boosted risk appetite.
Bitcoin’s price action continues to draw attention as it briefly surpassed $87,000 in today’s trading session, marking a notable 3.3% increase over the past 24 hours. Though it has since slightly pulled back to around $86,815 at the time of writing, the asset’s gradual recovery since last week appears to be building a foundation for potential upward movement. Analysts now seem to be monitoring technical and on-chain trends as sentiment begins to lean toward a short-term bullish outlook. Particularly, on-chain data platform CryptoQuant has highlighted notable shifts in market behavior, including insights into funding rates, investor positioning, and psychological resistance levels. Despite the gains, not all investor groups are experiencing profits, with short-term holders still facing unrealized losses. Related Reading: What’s Next For Bitcoin After Crossing $87,000? Expert Discusses Possible Outcomes Several Bitcoin Bullish Signals Identified A recent analysis shared by CryptoQuant contributor EgyHash outlines several indicators suggesting that Bitcoin could be preparing for another upward leg. The analyst points out a significant $6 billion rise in open interest across derivatives markets over the past two weeks. Open interest measures the total value of outstanding futures contracts, and its growth typically reflects increased participation or confidence in the direction of price movement. This metric, coupled with a rise in funding rates, indicates an uptick in long-position interest among traders. Another key metric, exchange inflows, which track how much Bitcoin is being moved onto centralized exchanges, has declined notably during this same period. When fewer coins are sent to exchanges, it can imply reduced intent to sell, as holders typically deposit assets to liquidate them. This reduction in exchange inflow has been interpreted as a decrease in selling pressure, potentially supporting a more stable price environment in the short term. These on-chain metrics collectively hint at a market that may be gearing up for a continuation of its current trend, assuming external variables remain favorable. New Investors In Profit While Short-Term Holders Face Struggle While certain metrics lean bullish, a deeper look at investor categories reveals diverging outcomes. Another CryptoQuant analyst, Crazzyblockk, points out that Short-Term Holders (STHs), or those who purchased BTC within the last six months, remain in an unrealized loss position. Their average acquisition price stands at approximately $91,000, forming a key resistance level that may influence upcoming price movement. As long as Bitcoin trades below this level, latent sell pressure could persist, especially if upward momentum stalls. Conversely, new investors — defined as those who entered the market within the past month — have recently returned to profit. With a realized gain of 3.73%, this group is showing signs of renewed confidence, potentially contributing to near-term price support. Related Reading: Bitcoin Surges Above $87,000 In Sudden Move — Here’s The Catalyst However, according to the analyst, the current risk zone remains active until Bitcoin firmly closes above the $91,000 mark. Crazzyblockk wrote: Until BTC closes above the $91K threshold, Short-Term Holders remain in loss. This may sustain latent sell pressure, especially if price momentum weakens — reinforcing the importance of a decisive breakout above STH realized price to neutralize this overhang. Featured image created with DALL-E, Chart from TradingView
XRP has been trading under pressure in recent weeks, losing much of the momentum it built during its late 2024 to early 2025 rally. After reaching highs above $3.40, the asset has experienced an 18.3% decline over the past month, reflecting broader market softness. At the time of writing, XRP trades significantly below its peak at a price of $2.06, with subdued investor activity and falling market participation across both spot and derivatives markets. Related Reading: XRP Breakout Still Likely This April, Analyst Says $12+ In Play XRP On-Chain Activity Slows, But Price Remains Relatively Stable Amid XRP’s decline, a CryptoQuant analyst known as EgyHash has recently shared his analysis on the altcoin in a post titled, “XRP’s Market Paradox: With Ledger Activity Dipping 80%, Is a Rebound on the Horizon?” According to EgyHash, XRP’s on-chain and futures market data presents a mixed picture—declining activity but resilience in price. EgyHash noted that XRP Ledger activity has fallen sharply since December, with the percentage of active addresses down by 80%. Similar declines have been observed in the futures market, where open interest has dropped roughly 70% from its highs, and funding rates have occasionally turned negative. He added that the Estimated Leverage Ratio, which gauges average user leverage by comparing open interest to coin reserves, has also dropped significantly. Despite these indicators pointing to weakening momentum, the altcoin’s price has only declined about 35% from its peak. This is a milder correction compared to other assets such as Ethereum, which has fallen roughly 60% over the same period. Additionally, the altcoin’s Exchange Reserve has continued to decline, reaching levels last observed in July 2023. Lower reserves typically suggest that fewer tokens are available for immediate sale, a factor that can help support prices during market downturns. According to EgyHash, this trend, along with relatively stable pricing, could indicate growing long-term confidence in the asset. Institutional Developments Could Strengthen Market Sentiment While on-chain metrics remain a focus, institutional developments may also play a role in shaping XRP’s future trajectory. Hong Kong-based investment firm HashKey Capital recently announced the launch of the HashKey XRP Tracker Fund—the first XRP-focused investment vehicle in Asia. Backed by Ripple as the anchor investor, the fund is expected to transition into an exchange-traded fund (ETF) in the future. The initiative is designed to attract more institutional capital into the XRP ecosystem. HashKey Capital is launching Asia’s first XRP Tracker Fund—with @Ripple as an early investor. This marks a major step in expanding institutional access to XRP, the third-largest token by market cap. ???????? — HashKey Capital (@HashKey_Capital) April 18, 2025 HashKey Capital has also indicated that this collaboration with Ripple could lead to further projects, including tokenized investment products and decentralized finance (DeFi) solutions. Related Reading: XRP To $50? Technical Analyst Lays Out The Roadmap Vivien Wong, a partner at HashKey, emphasized the strategic value of integrating Ripple’s network with regulated investment infrastructure across Asia. Although the altcoin faces near-term pressure, long-term developments, including decreasing exchange reserves and rising institutional interest, may support its recovery as the broader market stabilizes. Featured image created with DALL-E, Chart from TradingView
Despite broader market interest, Bitcoin continues to hover near the $84,000 mark, showing limited upward momentum. At the time of writing, the asset is trading at $84,596, down 0.1% in the last 24 hours. This places BTC approximately 22% below its all-time high of over $109,000 set earlier this year. The price action follows a recovery from earlier lows but remains range-bound, suggesting hesitancy among investors as macroeconomic uncertainties persist. One of the emerging observations comes from CryptoQuant analyst Crypto Dan, who compared Bitcoin’s current behavior to past correction cycles. Related Reading: Bitcoin Sentiment Still Close To Extreme Fear—Green Sign For Recovery? Speculation Eases, Setting the Stage for Potential Recovery In Dan’s recent QuickTake post titled “Cryptocurrency Market, Similar to the 2024 Correction Period,” Dan assessed the speculative dynamics of the market through the lens of short-term holder activity. His analysis suggests that the recent cooling-off period might mirror patterns observed during last year’s correction phase. According to Dan, one reliable gauge of market overheating is the percentage of Bitcoin supply held for one week to one month. When this metric rises, it often signals speculative enthusiasm, which can precede corrections. During previous bullish phases, such increases in short-term holdings were followed by pullbacks, marking peaks in investor exuberance. In the current cycle, Dan notes that this metric has once again reached a region previously associated with market bottoms—the same yellow box (on the chart shared) that aligned with the 2024 correction low. Based on this, he posits that speculative excesses have largely subsided, opening the door to renewed price growth if macroeconomic conditions continue to improve. However, he also emphasized that further consolidation may still occur before a broader trend shift materializes. Crypto Market, Similar to the 2024 Correction “Given that this ratio has now reached the yellow-box region, which was the bottom of the 2024 correction period, it seems likely that the current market will follow a similar path as the 2024 correction.” – By @DanCoinInvestor pic.twitter.com/YGNZxQnUXj — CryptoQuant.com (@cryptoquant_com) April 18, 2025 Bitcoin Whale Activity Suggests Imminent Volatility Complementing this analysis, CryptoQuant contributor Mignolet pointed out a notable shift in coin movement behavior. In a separate post, he observed that around 170,000 BTC recently moved from the 3–6 month holding cohort. This group typically includes mid-term holders, and substantial activity from them has historically preceded increased price volatility. Related Reading: Bitcoin’s Futures Sentiment Weakens, Is The Ongoing Recovery Running Out of Steam? Mignolet illustrated his findings with data, noting that such movements have often signaled major price action, both upward and downward. Green box indicators on his chart marked rallies, while red boxes highlighted periods of decline. While the direction remains uncertain, he highlighted that the increased activity is an early warning sign that traders should be alert for a breakout or breakdown in the near future. Featured image created with DALL-E, Chart from TradingView
Bitcoin’s recent price action has shown signs of stagnation, with the asset hovering around the $84,000 mark after rebounding above it earlier this week. As of the time of writing, BTC is trading at $84,449, down 0.7% in the past 24 hours. Despite recovering from previous corrections, the price has struggled to break through the current resistance level, signaling weak buying momentum and cautious sentiment among traders. Related Reading: Bitcoin At $1 Million? BPI Says One US Move Could Make It Happen Bitcoin STH-SOPR and Realized Price Indicate Capitulation The current phase of consolidation follows weeks of volatile swings driven by broader macroeconomic uncertainty and mixed signals across risk assets. While long-term holders remain steady, short-term participants in the market appear to be under pressure. Insights into the behavior of these short-term holders may offer valuable clues on the overall direction of the market and possible entry or exit points for investors. According to a recent analysis shared by CryptoQuant contributor CryptoMe, data from short-term holders (STHs) reveals key indicators that could help define Bitcoin’s current cycle. The first metric highlighted is the STH Spent Output Profit Ratio (STH-SOPR), which measures whether STHs are selling at a profit (above 1.0) or at a loss (below 1.0). Currently, this metric is below 1.0 based on a 14-day moving average, indicating that many STHs are offloading BTC at a loss—a signal often associated with capitulation phases. While this suggests bearish sentiment in the short term, CryptoMe points out that similar dips in STH-SOPR during past bull markets often presented accumulation opportunities. Historically, these periods of loss-taking by STHs have marked temporary bottoms, with prices rebounding shortly after as stronger hands absorb supply. Accumulation Opportunities and Strategy Outlook Another key metric shared is the STH Realized Price, currently around $92,000. This figure represents the average cost basis for coins held by short-term investors. When Bitcoin trades below this level, it can indicate undervaluation relative to recent buyer activity. In CryptoMe’s view, red zones (in the chart), periods when the spot price dips below the realized price, have often coincided with long-term accumulation zones during previous bullish phases. However, CryptoMe cautions that these indicators do not confirm a market bottom. Instead, they suggest that some investors are exiting positions under stress, creating potential buying opportunities for those with a long-term outlook. Related Reading: Bitcoin Faces Pressure As Report Flags Chinese Sell-Off Plans Given the broader macroeconomic pressures, the analyst maintains a hedged strategy: accumulating in spot markets while maintaining short positions in derivatives to manage downside risk. He concludes by stating that if macroeconomic conditions improve and liquidity returns to the market, Bitcoin could resume its upward trajectory. Until then, the data suggests patience and risk management may be prudent for market participants awaiting a clearer trend reversal. Featured image created with DALL-E, Chart from TradingView
Bitcoin appears to be entering a period of consolidation following a brief burst of upward momentum earlier this week. After reaching nearly $86,000, the cryptocurrency has retraced slightly and is trading around $84,650 at the time of writing. Despite the pullback, analysts continue to monitor on-chain data to assess whether renewed buying pressure could support a more sustained recovery. One of those analysts, CryptoQuant contributor Avocado Onchain, recently shared his insights in a post titled “Coinbase Premium Signals Signs of Recovery Amid Market Turmoil, While Korea Premium Index Remains Lagging.” Avocado noted that escalating trade tensions between the US and China have added volatility to global markets, including Bitcoin. As gold rallies in response to the risk-off environment, Bitcoin has managed to hold above a critical support level after undergoing a more than 30% correction. Related Reading: Bitcoin Sentiment Still Close To Extreme Fear—Green Sign For Recovery? Bitcoin Coinbase Premium Tightens While Korea Lags According to Avocado, the Coinbase Premium, which measures the price difference between Bitcoin on Coinbase and other major exchanges, has begun to show a constructive pattern. The analyst wrote: Since the beginning of the prolonged correction in March 2024, the Coinbase Premium has displayed a pattern of compressing highs and lows. This was followed by a sharp rise in buying activity on Coinbase, causing the premium to spike and Bitcoin’s price to surge. Currently, the premium is once again narrowing into a triangle pattern of lower highs and higher lows. Avocado interprets this as a potential precursor to renewed upside momentum in the market, similar to past cycles. “This pattern suggests that institutional and US-based demand is recovering, even as overall market conditions remain unstable,” he added. In contrast, the Korea Premium Index, which tracks the price spread between Korean exchanges and global averages, has shown a weaker profile. Avocado explained that this index trended lower throughout 2024 and only began to rise after Bitcoin had already started to rally, indicating delayed participation from Korean retail investors. This divergence between the two metrics highlights a shift in regional market leadership, with US investors currently taking a more proactive role. Highlighting the Role of Regional Indicators in Market Recovery In his analysis, Avocado concluded that although macroeconomic uncertainty continues to influence short-term movements, indicators like the Coinbase Premium are showing signs of healthy demand. He pointed to the ongoing formation of a support base near $84,000 as a positive development in market structure. Related Reading: Bitcoin Faces Pressure As Report Flags Chinese Sell-Off Plans “Although overall market conditions remain unstable, the upward trend in the Coinbase Premium’s lows indicates healthy demand,” he noted. “This bodes well for a potentially strong mid- to long-term recovery in Bitcoin’s price trajectory.” Featured image created with DALL-E, Chart from TradingView
Bitcoin’s upward momentum appears to be slowing down following a recovery phase earlier this week. After climbing close to $86,000, BTC has retraced slightly, hovering just above the $84,000 mark at the time of writing. The mild pullback comes after a 10% rise seen over the past seven days, which helped the asset recover from recent corrections triggered by macroeconomic pressures. While the price movement may suggest a healthy retracement or consolidation phase, market sentiment tells a more complex story. According to CryptoQuant contributor abramchart, futures sentiment has not mirrored the price surge, indicating caution among derivative traders. This divergence between price action and market sentiment could suggest growing uncertainty or a broader shift in investor behavior. Related Reading: Bitcoin At $1 Million? BPI Says One US Move Could Make It Happen Bitcoin Futures Sentiment Signals Cooling Conviction In his recent post titled “Weakening Futures Sentiment Signals Caution Amid Bitcoin Rally,” abramchart explained how sentiment indicators have not kept pace with BTC’s recent price movements. From November 2024 through early 2025, Bitcoin experienced strong gains, but the futures sentiment index peaked early and has since been declining steadily. Despite prices staying relatively high, the index now trends near the support zone around 0.4, suggesting increased bearish sentiment. The sentiment index’s resistance is historically around 0.8, with support near 0.2. According to abramchart, the index hovering closer to support may reflect ongoing profit-taking, growing macroeconomic uncertainty, or investor hesitation around regulatory developments. He also noted that Bitcoin’s average trading range between $70K and $80K suggests possible accumulation rather than strong directional conviction. If sentiment continues to linger at current levels, further consolidation or downside action may be expected in the absence of strong bullish catalysts. Weakening Futures Sentiment Signals “The chart shows that while Bitcoin reached significant highs, futures sentiment weakened, which can be a warning signal of potential retracement or at least a lack of strong bullish conviction.” – By @abramchart pic.twitter.com/zzSmUJsQ8Y — CryptoQuant.com (@cryptoquant_com) April 16, 2025 Binance Derivatives Show Bullish Signs Returning In contrast to the cautious sentiment observed in the broader futures market, activity on Binance derivatives is showing signs of renewed optimism. Another CryptoQuant analyst, Darkfost, highlighted a shift in the Binance taker buy/sell ratio—a metric used to measure which side, buyers or sellers, is dominating trading volume on the exchange’s derivatives platform. According to Darkfost, the 30-day exponential moving average of this ratio had remained below 1 for much of 2025, indicating sustained bearish sentiment. However, recent readings show a return to neutral territory, with bullish activity picking up. The ratio trending above 1 indicates buyer dominance, and current data suggests that long traders are becoming more active again. Related Reading: Bitcoin Bulls Positioning Aggressively On Binance, Data Shows Although this doesn’t guarantee a market reversal, it may signal short-term momentum returning in favor of bulls, especially on trading venues like Binance that play a key role in crypto price discovery. Featured image created with DALL-E, Chart from TradingView
Bitcoin has shown signs of stabilization following its earlier correction this month, which saw the asset fall to as low as $74,000. Over the past week, Bitcoin has rebounded strongly, gaining nearly 10%, and now trades above $84,000. This upward movement has reignited optimism among investors, though some analysts remain cautious about calling this a definitive trend reversal. Related Reading: Bitcoin’s Last Drawdown To $74,000 A ‘Healthy Correction’ — Analyst Says Bull Cycle Is Still On Apparent Demand Shows Recovery, But Trend Reversal Uncertain According to recent on-chain data, the current recovery in BTC may be linked to improving demand indicators. However, it is suggested that the broader market structure still needs to confirm whether this bounce reflects a sustainable rally or is merely a temporary pause in the ongoing correction. CryptoQuant contributor Kripto Mevsimi particularly drew attention to Bitcoin’s Apparent Demand metric, specifically the 30-day sum, which has started to rebound from negative territory. This trend is being observed as a potential sign of changing market dynamics. However, Mevsimi warns against assuming this is the start of a new bullish cycle, drawing parallels to Bitcoin’s behavior during the latter part of the 2021 cycle. During that period, demand remained suppressed for an extended timeframe, even as prices temporarily recovered. Only after a long consolidation phase did the market experience a genuine structural shift. Mevsimi highlights that although momentum may be improving, more time and confirmation are necessary before a macro-level trend reversal can be confirmed. Bitcoin Short-Term Holder Selling Pressure Declines on Binance Another market signal worth watching comes from Binance, one of the largest crypto exchanges by trading volume. CryptoQuant analyst Darkfost reports that inflows of Bitcoin from short-term holders (STHs) to Binance have been steadily decreasing, suggesting a decline in immediate selling pressure. The data indicates that average realized prices for STHs currently hover around $92,800, meaning many recent sellers have exited at a loss. Darkfost notes that inflows from STHs dropped from approximately 17,000 BTC in November to around 9,000 BTC more recently. This downtrend in selling could provide some support for Bitcoin’s current price levels. Related Reading: Bitcoin Lags Gold As Wall Street Doubts Persist, Claims Expert Still, the analyst emphasizes the need for continued monitoring to determine if this reduction in selling pressure persists. The easing of short-term holder activity could reduce overhead resistance and contribute to market stability, but confirmation of accumulation or a broader bullish phase remains elusive. STH selling pressure declining on Binance???? Tracking $BTC inflows on Binance is a useful way to visualize potential selling pressure, as the platform handles significant trading volumes. Short Term Holders have been under considerable stress recently, with many even ending up… pic.twitter.com/lwOe45H7L3 — Darkfost (@Darkfost_Coc) April 13, 2025 Featured image created with DALL-E, Chart from TradingView
Following Bitcoin’s correction dropping to as low as $74,000 earlier this month amid the recent global tariff war, the asset has now begun to see steady recovery with its price hovering above $85,000 after a 10% surge in the past week as President Trump’s 90-day tariff pause affecting all countries except China. The announcement helped ease market concerns, contributing to renewed momentum in both equity and digital asset markets. Related Reading: Bitcoin Holds Above 365-Day Moving Average, But Market Sentiment Remains Subdued Bitcoin Whales Show Restraint as Market Climbs As Bitcoin finds its footing in upward momentum, a new analysis from CryptoQuant analyst Darkfost suggests that large holders on Binance—one of the most active crypto exchanges—are responding to macroeconomic uncertainty with a cautious, but notably non-reactive, approach. The insights were detailed in a post titled “How Are Binance Whales Reacting to Market Uncertainty?” which examined key on-chain metrics. According to Darkfost, two primary indicators reveal the evolving behavior of Binance whales. The first, the Exchange Whale Ratio (EWR), compares the top 10 inflows to total inflows on Binance to gauge whale involvement. A rising 365-day moving average (DMA) for the EWR reflects a growing concentration of inflows from large holders over time, indicating their stronger influence during long-term trends. However, a recent decline in the 30DMA points to reduced short-term activity. This suggests that whales may be taking a step back from active trading, neither selling aggressively nor showing signs of panic. The second metric, Whale to Exchange Flow, analyzes the value of whale inflows to Binance over a 30-day period. Here too, the trend is down—falling over $3 billion, mirroring similar drawdowns observed during past corrections in 2024. Combined, these signals suggest that Binance whales are opting to hold their positions rather than sell into current market conditions, potentially signaling confidence in longer-term prospects despite ongoing uncertainty. Buying Strength Persists Despite Uncertain Outlook In a related CryptoQuant post, analyst Mignolet highlighted a continued pattern of buying strength on Binance. According to the analyst, the market buy ratio—an indicator tracking the volume of market buy orders—has not only remained intact but has recently surpassed previous highs. This trend highlights persistent demand despite recent market corrections and volatility. The recurring nature of this pattern suggests that there is underlying buyer strength even as external macroeconomic forces, such as trade policies and regulatory shifts, continue to influence sentiment. Related Reading: Bitcoin Price Rises Steadily—But Can the Rally Hold This Time?? Historically, a sustained increase in the buy ratio has preceded medium-term rallies, although confirmation of a new trend will require follow-through in both price action and volume metrics. Featured image created with DALL-E, Chart from TradingView
The price of Bitcoin has found its way back above the $85,000 mark, marking a huge success in the recovery from the coin’s latest slump toward $74,000. According to an on-chain analyst, this recent correction might not be as ominous as initially thought and could be part of a broader bull cycle. Can BTC Price Reach A New All-Time High In This Cycle? An analyst with the pseudonym ShayanBTC, in a Quicktake post on the CryptoQuant platform, shared fresh insights into the current Bitcoin market dynamics and the implications of the most recent price pullback. This evaluation is based on the Realized Cap of Unspent Transaction Output (UTXO) age bands, which analyzes the holding pattern of different investor cohorts. Related Reading: XRP Price To Hit $45? Here’s What Happens If It Mimics 2017 And 2021 Rallies The UTXO age bands metric tracks the average price at which Bitcoin holders purchased their coins compared to how long they’ve held the assets. In ShayanBTC’s latest analysis, the relevant age bands are the 3 – 6 months and 6 – 12 months cohorts. According to data from CryptoQuant, the percentage of coins held by this class of investors has been on a steady rise. ShayanBTC noted that this climb appears similar to the accumulation patterns observed during the prolonged correction in the summer months of 2024. The Quicktake analyst noted this pattern points to a “holding trend”, where the 3 – 6 months and 6 – 12 months investors are not offloading their assets despite the ongoing market correction. “As more coins move into the hands of long-term holders, the available circulating supply shrinks, increasing Bitcoin’s scarcity,” ShayanBTC added. From a historical standpoint, these supply constraints could be a positive catalyst for robust price rallies, especially when combined with fresh demand. According to ShayanBTC, this market dynamic could set the stage for price discovery and propel the Bitcoin price to new all-time highs. Furthermore, the Quicktake analyst believes that, with the current on-chain structure, there is a reduced likelihood that the Bitcoin market is currently at the start of a bear season. The ongoing drawdown instead seems to be a healthy correction within a broader bullish cycle. Bitcoin Price At A Glance The Bitcoin price appears to be building some bullish momentum, briefly crossing the $86,000 in the early hours of Sunday, April 13. As of this writing, the price of BTC stands at around $85,200, reflecting an over 2% increase in the past 24 hours. According to data from CoinGecko, the premier cryptocurrency is up by about 2% in the past seven days. Related Reading: Is Bitcoin Price Returning To $74,000? Analyst Identifies Pattern That Suggests So Featured image from iStock, chart from TradingView
Bitcoin has begun showing early signs of recovery following a recent correction that saw the asset fall to $74,000 earlier this month. At the time of writing, Bitcoin trades above $82,000, inching closer to the $85,000 range with its market capitalization now sitting above $1.6 trillion. A recent market report from CryptoQuant outlines several contributing factors to this rebound. According to the firm, crypto price volatility remained high throughout the week, fueled by trade tensions and macroeconomic developments. Prices dipped sharply earlier in the week after retaliatory tariffs were introduced by China and the European Union. However, they began recovering on April 9 following the tariff suspension. The temporary policy reduced tariffs to 10% for most countries, while China remained subject to a 125% rate. Related Reading: Is The Bitcoin Bottom In After Trump’s Tariff Pause? Here’s What To Expect Bitcoin Technical Support and Market Sentiment CryptoQuant’s report also emphasized the importance of Bitcoin’s 365-day moving average (MA), which currently stands at $76,100. This level has previously served as a key technical support in historical market cycles, including in August 2024, July 2021, and December 2021. The recent bounce from this level is being closely monitored as a potential base for a renewed uptrend. A breach below this moving average, however, would increase the likelihood of Bitcoin entering a bearish phase. Despite this positive movement, investor sentiment remains subdued. CryptoQuant noted in the report: Nevertheless, although market sentiment has improved after the tariff pause, Bitcoin remains in one of its least bullish phases since November 2022, according to CryptoQuant’s Bull Score Index. The Index is now at 10—its lowest reading since that time—signaling continued weak investor sentiment and a low probability of a sustained rally in the near term. According to the firm, a longer-term rally is unlikely unless the score climbs above 40. Furthermore, with BTC’s price currently on the rise, CryptoQuant mentioned that the asset could find resistance at $84,000 and $96,000—zones historically linked to the Trader Realized Price, which has served as both support and resistance in different market phases. Altcoin Accumulation Signal Emerges In a separate commentary, CryptoQuant analyst Darkfost presented data that may indicate favorable conditions for altcoin accumulation. The analyst observed that the 30-day moving average of trading volume for altcoins paired with stablecoins has dropped below its annual average. This market behavior, according to Darkfost, has previously marked buying zones, with the last occurrence seen in September 2023. The analysis suggests that while Bitcoin’s near-term outlook remains uncertain, altcoins may be entering a phase conducive to dollar-cost averaging (DCA) strategies. Related Reading: Ethereum Long-Term Holders Show Signs Of Capitulation – Prime Accumulation Zone? Darkfost cautioned that these windows can last for weeks or months but have historically aligned with the early stages of altcoin market recoveries. If the macroeconomic environment stabilizes and capital flows return, these conditions could lead to broader participation across the crypto sector. Featured image created with DALL-E, Chart from TradingView
Bitcoin has seen modest upward momentum in the past 24 hours, climbing back above $83,000 following a recent correction period. The move comes shortly after US President Donald Trump announced a temporary 90-day pause on tariffs, offering a degree of relief to global financial markets. Though the asset remains down approximately 24% from its all-time high of over $109,000 set in January, its recent decline has now been trimmed to single digits on a weekly scale. This recovery coincides with increased interest from large-scale Bitcoin holders. Related Reading: Analyst Compares Trump’s Market Impact to Obama Era as Bitcoin Sees Momentum $3.6 Billion Inflows Suggest Renewed Institutional Activity On April 9, accumulation addresses—wallets associated with long-term investors that rarely distribute funds—received a notable 48,575 BTC, according to on-chain data shared by CryptoQuant analyst Burak Kesmeci. This inflow, the largest since February 2022, totaled approximately $3.6 billion in value. The timing, according to Kesmeci, is significant: it mirrors a similar event from the past, both in scale and macroeconomic backdrop. Kesmeci emphasized that these accumulation wallets typically increase holdings during market pullbacks. The April 9 transaction occurred when Bitcoin traded around $76,000, a level tested during last week’s sell-off triggered by concerns over renewed trade tensions. The volume and pattern of inflows suggest a recurring strategy among institutional or long-term market participants whereby they capitalize on corrections and accumulate during uncertainty. Interestingly, the total value of the inflows—$3.6 billion—matches that of February 1, 2022, another period marked by broader macroeconomic instability. While this could be coincidental, Kesmeci noted that the repetition of such behavior in response to macro-driven price declines may indicate a deeper behavioral trend among accumulation address holders. Massive $3.6 Billion Bitcoin Inflow to Accumulation Addresses! “Bitcoin accumulation addresses received 48,575 BTC — the largest single-day inflow since February 1, 2022. When accumulation addresses move this aggressively, it’s worth paying attention.” – By @burak_kesmeci pic.twitter.com/MVIFUcXKWz — CryptoQuant.com (@cryptoquant_com) April 10, 2025 Bitcoin Whales Increase Reserves Despite Weak Network Activity Adding to the accumulation narrative, another CryptoQuant analyst known as caueconomy noted that whale wallets—addresses holding large BTC balances—have resumed consistent buying since March. According to caueconomy, more than 100,000 BTC has been added to whale reserves in that timeframe. This comes despite the subdued on-chain activity and a visible pullback in retail participation. The distinction between investor profiles has become clearer in recent months. While smaller investors appear to be withdrawing amid heightened market uncertainty, large holders are taking advantage of lower prices to strengthen their positions. Related Reading: Bitcoin Battles Tariff Turmoil: Can the 2-Year Realized Price Hold the Line? The strategy, according to caueconomy, aims to reduce average acquisition costs and position for long-term gains. This divergence in behavior may not translate to immediate price shifts but could set the stage for a more pronounced upward move once broader sentiment recovers. Featured image created with DALL-E, Chart from TradingView
Bitcoin has felt the impact of the ongoing global tariff tensions, with little to no upward momentum. The asset appears to have paused its bull run, dampening investor expectations for a near-term recovery. Currently trading just above $77,000, BTC has declined nearly 30% from its all-time high, including a 1.6% drop in the last 24 hours. Amid this, a recent insight from CryptoQuant contributor Onchained suggests that Bitcoin is nearing a significant threshold that could determine the asset’s next major direction. Related Reading: Crypto Analyst: 33% Chance Bitcoin Already Topped—Brace For $52,000 Bitcoin Realized Price Levels in Focus Onchained’s latest analysis points to the convergence of Bitcoin’s spot price with its 2-Year Realized Price. This metric, derived from on-chain data, calculates the average acquisition cost of coins moved on the blockchain within the past two years. This price band often serves as a meaningful support level, particularly in transition phases between bear and bull markets. Historically, Bitcoin maintaining price action above the 2-year Realized Price has signaled underlying strength among long-term holders. Onchained noted that BTC has stayed above this line since October 2023, a sign of sustained investor confidence. If Bitcoin continues to hold this level, it may indicate the establishment of a new value floor, potentially setting the stage for renewed buying pressure. The analysis adds that a bounce off this support zone could be interpreted as an influx of capital from investors seeing this price level as a strategic accumulation point. However, a breakdown below the 2-year Realized Price could trigger a deeper correction or a longer period of consolidation. Related Reading: Short-Term Holders Under Pressure as Bitcoin Slides—Capitulation Coming? Long Liquidations Amplify Market Volatility In a separate update, CryptoQuant analyst Darkfost highlighted a significant event that shook the derivatives market. On April 6, the largest Bitcoin long liquidation event of the current bull cycle occurred, wiping out roughly 7,500 BTC in long positions. The liquidation marked the highest daily volume of forced long position closures since the bull market began. According to Darkfost, this event was largely triggered by rising volatility and uncertainty stemming from US economic policy concerns. The biggest Bitcoin long liquidation event of this bull cycle “On April 6, approximately 7,500 Bitcoin in long positions were liquidated, marking the biggest single-day long wipeout of the entire bull run so far.” – By @Darkfost_Coc Read more ⤵️https://t.co/eqW2JE8TWD pic.twitter.com/IEthwRDRVz — CryptoQuant.com (@cryptoquant_com) April 9, 2025 In particular, fears around new tariffs under President Trump’s administration have added pressure on global markets, including crypto. The analyst emphasized that such liquidation events serve as reminders of the risks associated with high-leverage positions during uncertain macroeconomic conditions. Darkfost wrote: This is a clear reminder that we need to stay cautious during periods of rising volatility like today. This is the time to care and preserve your capital. Featured image created with DALL-E, Chart from TradingView
Bitcoin is currently trading at $76,899, marking a 3.7% decline in the past 24 hours and a 29.4% drop from its all-time high above $109,000 recorded in January. After falling below $80,000 on Sunday, the digital asset has struggled to reclaim upward momentum, reflecting persistent selling pressure in the broader crypto market. While price action continues to dominate headlines, on-chain data reveals deeper shifts in market dynamics. A recent analysis by CryptoQuant contributor Onchained highlights a notable transition in Bitcoin ownership patterns. Related Reading: Next Bitcoin Peak Delayed To Late 2026, Business Cycle Expert Warns Bitcoin Short-Term Losses and Long-Term Accumulation In the post titled “Short-Term Capitulation Meets Long-Term Conviction: A Structural Shift in Bitcoin Ownership,” the analyst identified structural changes between short-term and long-term holders, providing insights into the asset’s underlying market behavior. According to the insight, Bitcoin has seen a ~15% drawdown from $88,000 to $74,400 over the past week. On April 7, Short-Term Holders (STH) realized a significant $10 billion drop in their realized cap—a metric reflecting the price at which coins were last moved—marking their largest single-day loss of the cycle. This decline was met with an almost equivalent $9.7 billion increase in Long-Term Holders’ (LTH) realized cap, suggesting a substantial transfer of coins from recent buyers to more experienced holders. By April 8, realized losses from STHs declined to $693 million, indicating a possible exhaustion of panic selling. In contrast, LTHs continued increasing their cost basis by an additional $1.13 billion, reflecting ongoing accumulation despite minimal price recovery. Onchained interprets this as a typical sign of supply transitioning from weaker hands to those with higher conviction, which has historically occurred near market bottoms or early recovery stages. The analyst noted: “This is not merely a coincidence: this is the market transferring coins from weak to strong hands.” Adding: Long-term investors are stepping in with conviction: buying weakness and absorbing supply. – This behavior has historically marked the late stages of corrections or the early phase of recovery. Potential Impact on Market Structure This divergence between STH and LTH behavior may hold broader implications for Bitcoin’s market structure. As STHs reduce their holdings, potential short-term sell pressure and overhead resistance may decline. At the same time, rising accumulation by LTHs suggests confidence in Bitcoin’s long-term prospects, even amid current volatility. Historically, similar patterns have preceded stabilization or trend reversals. A shrinking supply in the hands of reactive traders coupled with consistent buying by long-term participants can form the foundation for renewed price support. Whether this shift signals the end of the current correction or an early stage of recovery remains to be confirmed, but on-chain trends continue to suggest meaningful repositioning within the Bitcoin market. Featured image created with DALL-E, Chart from TradingView
Bitcoin is continuing to face downward pressure in the market, with the cryptocurrency falling below $80,000 on Sunday for the first time since last year. Despite a 4.1% recovery in the past 24 hours bringing it back to $79,825, Bitcoin remains down 26% from its all-time high of over $109,000 recorded in January 2025. Market sentiment remains mixed, as investors weigh on-chain data, short-term volatility, and the broader macroeconomic environment. Related Reading: Short-Term Holders Under Pressure as Bitcoin Slides—Capitulation Coming? Bitcoin Open Interest Reflects Cautious Sentiment Bitcoin’s open interest metric has revealed cautious behavior among leveraged traders. CryptoQuant analyst Maartunn reported a 17.8% drop in Bitcoin open interest over the past week. This decline represents a significant reduction in the number of outstanding derivative contracts and may reflect investor hesitation following recent price volatility. Historically, such sharp declines in open interest have occurred before major market rebounds, as speculative leverage is flushed out of the system. With leverage reset, market participants may begin re-entering positions, especially if prices find a strong support level or if further whale accumulation signals renewed bullish momentum. Bitcoin Open Interest dropped -17.8% ???? This is over the last 7 days – shedding billions in leverage. Over the last 2 years, these flush-outs often set the stage for major buy opportunity’s. pic.twitter.com/wXIxSXr7Nz — Maartunn (@JA_Maartun) April 8, 2025 Accumulation Trends Signal Long-Term Confidence Meanwhile, there has been a notable trend in the behavior of long-term holders and whales. According to on-chain data shared by CryptoQuant contributor Onchained, a substantial number of accumulating addresses have continued to buy Bitcoin aggressively even during the asset’s climb to new highs. This cohort’s realized capitalization has surged from around $20 billion in 2023 to $160 billion in 2025, with BTC supply held by these entities increasing from approximately 800,000 to 3 million BTC. This trend suggests that rather than scaling back during price increases, large holders significantly accelerated their buying efforts, indicating a high level of conviction. The analyst wrote: This indicates the average acquisition price per bitcoin for accumulating addresses rose substantially, yet accumulation accelerated rather than slowed. A strong evidence of high-conviction buying regardless of price increases. Onchained also noted a widening gap between retail and whale realized capitalization, pointing to the growing role of high-capital investors in market dynamics. These whale wallets, typically less reactive to short-term market swings, are continuing to remove BTC from circulation, a pattern that may contribute to future supply constraints. Onchained’s analysis further highlights three key implications: a growing supply-side pressure as more BTC enters inactive wallets, strong conviction from holders through all market phases, and the potential for future supply shocks as long-term accumulation continues. Featured image created with Dall-E, Chart from TradingView
Bitcoin faced a notable sell pressure earlier today, with its price trading as low as $74,604. However, at the time of writing, the asset is seeing a quiet rebound with prices now hovering back above $79,000. Regardless of this slight uptick, the asset is still down by 3.1% in the past day and nearly 30% from its peak above $109,000 registered in January. According to CryptoQuant contributor IT Tech, a significant shift may be underway. Related Reading: Understanding Bitcoin Struggles: Why Realized Cap Indicates A Bear Market Old Coins Starts To Move: Sell Off ahead? In a recent analysis titled “Massive spike in Exchange Inflow CDD signals old coins are waking up,” IT Tech noted a considerable surge in the Exchange Inflow Coin Days Destroyed (CDD) metric. CDD measures the movement of older coins—those that have not changed hands for a long time. When coins with high coin days are moved, it often indicates that long-term holders are transferring their assets to exchanges, potentially with the intent to sell. Historically, spikes in Exchange Inflow CDD have preceded large price corrections. IT Tech highlighted that the latest surge in this metric coincided with Bitcoin’s drop from $82,000 to $76,000, suggesting that some veteran holders may be preparing to liquidate their positions. Such behavior tends to exert additional sell pressure on the market, particularly during already volatile conditions. These movements could indicate an inflection point, with older investors potentially looking to secure profits amid broader market uncertainty. If this trend continues, it could serve as a bearish signal, as coins dormant for months or years re-enter circulation. Bitcoin Short-Term Metrics Indicate Possible Cooling Trend Meanwhile, in a separate analysis, another CryptoQuant analyst BilalHuseynov offered insights into short-term holder behavior through the lens of realized price data. In a post titled “Bitcoin: Realized Price – UTXO Age Bands,” the analyst examined how the realized prices for coins held by short-term investors—specifically those held for one week to one month and one to three months—can reveal the health of the ongoing market trend. These UTXO age bands help determine whether recent buyers are holding in profit or loss. In bullish phases, these bands trend upwards, signaling accumulation. However, at market tops, the lines tend to flatten or decline, indicating distribution by short-term participants. According to Huseynov, this is what the current data reflects. The 1-month to 3-month realized price is curving downward, echoing patterns seen at previous peaks in April and November 2021, and more recently in March 2025. Related Reading: Bitcoin’s Bullish Fate Hinges On These 2 Resistance Zones – Details If this trend persists, it could mean that newer holders are facing losses and may soon capitulate, possibly leading to further downside. Conversely, during past bear cycles, these bands have often marked bottom zones where prices found support and reversed. Featured image created with DALL-E, Chart from TradingView
Bitcoin has not been immune to the ongoing global tariff dispute, which has rippled across financial markets and placed pressure on equities and digital assets. Over the past two weeks, Bitcoin has dropped by more than 10%, slipping under $75,000 earlier today—a level last seen in November 2024. The pullback coincides with broader market volatility coming from rising geopolitical and economic uncertainty. Amid this ongoing price move, a crypto analyst has suggested that the behavior of short-term holders during episodes like this is crucial in assessing the extent of ongoing market corrections. Related Reading: Bitcoin Dips Below $75K As Markets Tremble: What’s Going On? Short-Term Holders Show Early Signs of Stress According to CryptoQuant contributor Yonsei Dent, the current price action reveals important insights into investor behavior. Dent’s latest analysis centers on the STH-SOPR (Short-Term Holder Spent Output Profit Ratio), a metric that measures whether coins moved by recent buyers are being sold at a profit or loss. A reading below 1.0 indicates that holders are realizing losses, a sign often interpreted as capitulation. While Bitcoin’s price has declined significantly, Dent points out that the STH-SOPR has not yet breached extreme levels seen in past correction events. Unlike major capitulation periods in 2024—such as those in May, July, and August—the current SOPR remains near its mean value, indicating that many short-term holders are not yet exiting their positions en masse. The absence of widespread capitulation raises questions about the potential for further downside. Dent warns that if selling pressure among short-term holders intensifies, the market could experience another wave of losses. Related Reading: Analyst Uncovers Clues—Is Bitcoin’s Historic Bull Cycle Finally Topping Out? For now, all eyes remain on the $78,000 support level, which may act as a key test for whether Bitcoin can stabilize or if deeper correction lies ahead. Yonsei Dent wrote: If STHs begin to exit more aggressively, the market could face further downside pressure. In the near term, close attention should be paid to whether the $78,000 support level can hold, as it may serve as a key line in the sand for the current market structure. Technical Outlook On Bitcoin Meanwhile, technical analysts’ outlook on BTC is slightly different. According to an analyst known as Merlijn The Trader on X, BTC is currently in what is termed the “green zone” where it is an ideal opportunity for accumulation. BITCOIN IS IN THE GREEN ZONE. This is where legends bought in 2015, 2019, and 2020. Red is for selling. Green is for buying. Don’t overthink it. pic.twitter.com/hhSYEpkNNb — Merlijn The Trader (@MerlijnTrader) April 6, 2025 Featured image created with DALL-E, Chart from TradingView
Crypto analyst Melika Trader has warned of a volume drop that could trigger a 60% Bitcoin price crash. The analyst provided an in-depth analysis of what this price crash could mean and if it would mark the end of the bull run. How The Bitcoin Price Could Crash By 60% And Drop To $49,000 In a TradingView post, Melika Trader revealed how the Bitcoin price could crash by 60% and drop to $49,000. The analyst noted that BTC is hanging just above a critical support zone, an area he claimed many traders recognize as the “most important support level” from a volume perspective on Binance. Related Reading: Analyst Says Bitcoin Price Has Entered The ‘Ideal Buy Zone’, Here’s Why His accompanying chart showed that the Bitcoin price could suffer a 60% drop once it loses the former trend line at $75,000. The flagship crypto is also in danger, having lost the critical support at around $83,000. This drop to $49,000 would bring BTC back toward the high-volume range near $30,000. This provides an ultra-bearish outlook for the Bitcoin price. However, Melika Trader raised a twist, stating that only 20% of traders might actually lose. He noted that, according to Binance’s volume profile data, the majority of buying activity and position accumulation happened below $35,000. The analyst further mentioned that most long-term holders and smart money entered during the 2022/2023 accumulation range. The Volume Profile Visible Range (VPVR) is also said to show significant support below the current Bitcoin price, with minimal trading volume at higher levels. Melika Trader remarked that only a minority of traders bought BTC during its late-stage bull run above $70,000. Meanwhile, the majority of investors are still in profit or break-even, even if the Bitcoin price retraces back to its base. As such, most traders are safe, as BTC risks a drop to as low as $49,000. Why BTC’s Bull Market Is Over CryptoQuant’s CEO, Ki Young Ju, recently asserted that BTC’s bull market is over amid the Bitcoin price decline. He alluded to the ‘Realized Cap’ metric to explain his confidence that the bull run is over. The CryptoQuant CEO noted that if Realized Cap is growing but Market Cap is stagnant or falling, it means capital is flowing in but prices aren’t rising. Related Reading: Why Buying Bitcoin Now Is Better Than Later As BTC Price Consolidates Within Falling Wedge Ki Young Ju noted that this is a clear bearish signal, and this is what is currently happening. Capital is entering the market right now, but the Bitcoin price isn’t responding, which he claims is typical of a bear market. The CryptoQuant CEO explained that even large purchases like MicroStrategy’s aren’t pushing prices up because there is too much sell pressure at the moment. Ki Young Ju again affirmed that current data points to the Bitcoin price being in a bear market. He noted that sell pressure could ease anytime but warned that historically, real reversals take at least six months. As such, the CryptoQuant CEO believes a short-term rally seems unlikely. At the time of writing, the Bitcoin price is trading at around $77,000, down over 7% in the last 24 hours, according to data from CoinMarketCap. Featured image from Unsplash, chart from Tradingview.com
The price of Bitcoin made a strong start to the month of April, reaching as high as $87,000 on Wednesday, April 2. The flagship cryptocurrency couldn’t sustain this blistering momentum, dropping below $84,000 in the late hours of Friday, April 4. However, the BTC price has been relatively stable compared to the altcoin market and the US equities market following the announcement of new trade tariffs by United States President Donald Trump. This show of resilience has reinforced the idea that the bull cycle might not be over just yet. Why Bitcoin Price Must Remain Above $69,000 In a Quicktake post on the CryptoQuant platform, crypto analyst Burak Kesmeci analyzed the Bitcoin market relative to the downturn affecting the broader financial markets. The analyst offered insight on the most critical support level should the premier cryptocurrency witness a similar decline. Related Reading: PEPE Price Breaks Ascending Triangle To Target Another 20% Crash Kesmeci pinpointed the “Bitcoin Spot ETF Realized Price” as a crucial metric to watch if the price of BTC succumbs to bearish pressure. As its name suggests, the Bitcoin Spot ETF Realized Price indicator measures the average price at which each Bitcoin exchange-traded fund was acquired. According to Kesmeci, the average purchase price of the BTC ETFs has acted as a formidable support area since the exchange-traded funds launched in early 2024. As observed in the chart below, the flagship cryptocurrency has tested the Bitcoin ETF’s realized price multiple times in the past 15 months. Kesmeci highlighted that the ETF realized price and Bitcoin’s most critical support level currently stand at around $69,000. The community analyst noted that the premier cryptocurrency is less likely to witness any severe correction so long as it does not slip beneath this price level. When Will BTC Resume Bull Run? While the Bitcoin ETF’s realized price is a crucial support level that could prevent a deep correction, the short-term holder (STH) realized price could prove pivotal to the resumption of the bull run. Ali Martinez said in a post on X that the first signal that BTC is ready to resume its bull run is reclaiming the short-term holder realized price at $90,570. As seen in the chart above, the STH realized price is acting as a major resistance to the premier cryptocurrency. The Bitcoin price has tested the on-chain indicator twice since falling beneath it in late February. As of this writing, the market leader is valued at around $83,900, reflecting an over 1% price leap in the past 24 hours. According to data from CoinGecko, the price of BTC is down by nearly 1% in the last seven days. Related Reading: Chainlink Whales Dump Over 170 Million LINK In Three Weeks – Selling Pressure Ahead? Featured image from iStock, chart from TradingView
Bitcoin, the leading cryptocurrency, continues to exhibit uncertain momentum since hitting its all-time high above $109,000 in January 2024. Since then, the digital asset has experienced diminished bullish activity and steady downward pressure, reflected by its latest price of approximately $82,000, marking a marginal weekly drop of about 0.6%. Related Reading: Bitcoin Market Sentiment Worsens as Bull Score Index Drops to 10 Market Implications of Volume Ratio Trends Amid these market conditions, Crypto Dan, an analyst contributing to CryptoQuant’s QuickTake platform, has provided insights highlighting a notable market trend. According to Dan, Bitcoin’s trading volume over six to twelve months acts as an indicator of the amount of capital entering the cryptocurrency market during specific market cycles. As highlighted in the chart shared, the metric typically undergoes two distinct phases of decline: the first signals the conclusion of the early bull cycle phase, while the second, lower drop, traditionally marks the peak and subsequent end of the cycle. The volume ratio trend outlined by Crypto Dan provides insights into investor behavior and market sentiment. Essentially, as this ratio decreases for the second time, historical patterns suggest that investor interest and speculative activity may begin to taper, potentially signaling the culmination of the ongoing bull run. Investors typically interpret such movements cautiously, as similar past events often preceded significant corrections in the market Technical Analysts View on Bitcoin Technical analysts add additional perspectives on Bitcoin’s current status. Analyst RektCapital recently pointed out significant developments in Bitcoin’s Relative Strength Index (RSI)—a momentum oscillator measuring the speed and magnitude of recent price movements to assess overbought or oversold conditions. RektCapital highlighted that the Monthly RSI level of 60 previously represented resistance levels during Bitcoin’s dominance peaks in August 2019 and December 2020. #BTC Dominance The Monthly RSI 60 (green) represented the peak for Bitcoin Dominance in August 2019 & December 2020 In previous cycles, Monthly RSI 60 was the ceiling In this cycle, Monthly RSI 60 is the floor$BTC #Crypto #Bitcoin pic.twitter.com/G47KSa33ZR — Rekt Capital (@rektcapital) April 4, 2025 Notably, this cycle differs, with the Monthly RSI 60 acting as a support floor rather than resistance. This change could suggest ongoing strength and potential resilience in Bitcoin’s price. Meanwhile, Javon Marks, another market analyst, emphasizes a bullish chart pattern currently forming for Bitcoin. Related Reading: Corporate Bitcoin Buying Hits Record Levels, Yet Prices Are Down—Here’s Why Marks believes these signals indicate an impending significant rally, suggesting that despite current market caution, underlying indicators remain strong, hinting at future bullish momentum. He argues investors ignoring these patterns may soon have to acknowledge a substantial upward price movement. Just another warning from us that Bitcoin can be getting massively bull soon. They can ignore the signs all they want but they are there and present and soon, they may have no choice but to face the major results of. Soon.$BTC pic.twitter.com/68ceDUyfU5 — JAVON⚡️MARKS (@JavonTM1) April 4, 2025 .Featured image created with DALL-E, Chart from TradingView