Bitcoin Long-Term Holders & Price Top: Glassnode Reveals Pattern

The on-chain analytics firm Glassnode has explained that Bitcoin tends to reach a potential top when the long-term holders show this pattern. Bitcoin Long-Term Holders Have Been Ramping Up Distribution In a new report, Glassnode discussed the influence that the BTC long-term holders have on the cryptocurrencys supply dynamics. The long-term holders (LTHs) here refer [...]

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Bitcoin Accumulation Resumes After 3 Months Of Distribution Analyst

Bitcoin (BTC) continues to trade below the $85K level, fueling fears of further downside as the bearish trend remains intact. Bulls are losing momentum, failing to reclaim key resistance levels and hold lower demand zones, raising concerns about a potential continuation of the correction. Related Reading: 130,000 Ethereum Moved Off Exchanges Bullish Signal? Macroeconomic uncertainty and volatility remain key drivers of price action, with erratic policy decisions from U.S. President Donald Trump adding to the turbulence in both crypto and traditional markets. The global trade war narrative and tightening monetary conditions continue to weigh heavily on risk assets, contributing to Bitcoins inability to sustain a meaningful recovery. However, there is a shift in market behavior that could indicate a turning point. Key metrics from Glassnode reveal that after three months of distribution, Accumulation Trend Scores hint at early signs of BTC accumulation. Historically, a transition from distribution to accumulation has often preceded a recovery phase, suggesting that investors might be stepping back in at these lower levels. The next few weeks will be crucial, as Bitcoins ability to hold support and attract fresh demand will determine whether the market is preparing for a rebound or a deeper correction. Bitcoin In Correction Mode Accumulation Trends Hint At A Possible Shift Bitcoin has officially entered correction territory after losing the $100K mark, and the bearish trend was fully confirmed when BTC failed to hold above $90K. Since reaching its all-time high (ATH) of $109K in January, Bitcoin has dropped over 29%, and it appears this trend could continue as global macroeconomic conditions remain unfavorable. Related Reading: Solana Holds Bullish Pattern Expert Sets $140 Target Trade war tensions between the United States and key global economies like Europe, China, and Canada continue to pressure financial markets, leading to uncertainty and risk-off sentiment. As these geopolitical issues intensify, both crypto and traditional markets remain highly volatile, struggling to find stability. However, not all indicators are bearish. Ali Martinez shared insights on X, revealing that the tide is turning for Bitcoin. After three months of distribution, the Accumulation Trend Scores model is hinting at early signs of BTC accumulation. Historically, these phases signal that large investors are re-entering the market, positioning themselves ahead of a potential recovery. This accumulation phase is a critical turning point that will determine whether Bitcoin sees a fast recovery above key supply levels or a long consolidation period before the next major move. The next few weeks will be decisive for BTCs short-term outlook. $80K Retest on the Horizon? Bitcoin is currently trading at $83,000, caught in a tight consolidation as it struggles to break above $85K while maintaining support at $82K. This range-bound price action has left investors uncertain, with bulls attempting to reclaim higher levels and bears pressing for further downside. If bulls want to regain control, BTC must push above $89K, a key resistance level aligned with the 4-hour 200 moving average (MA). A successful breakout above $90K could confirm a recovery trend and open the door for further gains toward $95K and beyond. Related Reading: 640,000 Chainlink (LINK) Withdrawn From Exchanges In 24 Hours Bullish Accumulation? However, if Bitcoin fails to break above $90K in the coming sessions, the risk of a deeper correction increases. Losing $82K could send BTC into a downward spiral, potentially retesting $80K or even lower levels. With market sentiment still fragile, the next major move will likely determine the short-term trajectory of Bitcoins price action. Featured image from Dall-E, chart from TradingView

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Over 8% Bitcoin supply was bought between $15.5K and $17K

The UTXO Realized Price Distribution (URPD), a metric for indicating the percentage of BTC supply across a specified market price, indicated 8% of the Bitcoin supply was bought between $15,500 and $17,000, according to data analyzed by CryptoSlate.

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Bitcoin Demand Outweighs Supply As LTH Enter Active Distribution Phase

Bitcoin (BTC) has held steady above the $88,000 mark over the past few days, showcasing resilience as the broader market anticipates its next move. Price action remains robust, leaving investors waiting for lower prices frustrated, as BTC shows no signs of providing an easy entry point anytime soon. Related Reading: Dogecoin Breaking Out Of Falling Wedge Pattern Analyst Reveals Target Key data from CryptoQuant reveals that long-term holders (LTHs) are currently in an active distribution phase, signaling increased selling activity from this group. Despite this, the market has absorbed the additional supply without significant price impact, highlighting the strong demand supporting BTC at these levels. As Bitcoin consolidates just below its all-time highs, traders and analysts are closely watching whether the current momentum will lead to a breakout or if a retracement is on the horizon. The balance between rising demand and LTH distribution will likely determine BTC’s near-term trajectory. Can Bitcoin Set New ATH This Week? Bitcoin is on the brink of breaking its all-time high (ATH) again this week, sitting just 2% below the $93,483 level set last Wednesday. Excitement is building as analysts and investors closely watch BTCs price action, anticipating whether it will surge past this critical level or enter a prolonged consolidation phase. While the bullish momentum remains strong, the possibility of a sideways movement could keep the price range-bound for an extended period before the next significant move. Data from CryptoQuant analyst Axel Adler highlights that long-term holders (LTHs) are currently in an active distribution phase. Despite this, the increased supply has not significantly impacted Bitcoins price, thanks to strong demand that continues to absorb selling pressure. This dynamic reflects the robust market interest that is supporting BTC near its record highs. Adler’s analysis also points to the LTH Spending Binary Indicator, which signals peak spending activity among LTHs. At the same time, the growing LTH supply suggests that a portion of long-term holders remain confident in BTCs future price potential. These factors create a unique environment where high demand offsets distribution, keeping the bullish momentum intact. Related Reading: Last Chance To Buy Ethereum? Analyst Expects $6,000 Once It Breaks 8-Month Accumulation As Bitcoin flirts with its ATH, market participants await confirmation of whether the price will push into uncharted territory or pause for consolidation. The outcome will likely set the tone for BTC’s trajectory in the coming weeks, with investors betting on the continued upside in this resilient rally. BTC Price Action: Key Levels To Hold  Bitcoin is trading at $91,820, following several days of sideways consolidation just below its all-time high (ATH). Despite the pause, BTC has maintained its position above the $87,000 support level since the last breakout, signaling its importance as a crucial line for bulls to defend. Holding this level is vital for sustaining upward momentum and setting the stage for Bitcoin to push into uncharted territory. However, a drop below $87,000 could shift market sentiment, likely triggering a correction as BTC searches for fresh demand. The next logical support zone lies around the $80,000 mark, with the potential for a deeper pullback if selling pressure intensifies. Such a retrace would provide an opportunity for sidelined buyers but could temporarily stall BTC’s rally. Bitcoin’s price action remains robust, bolstered by demand that continues to outpace supply. This strong market interest has mitigated the impact of profit-taking and selling activity, keeping the broader uptrend intact.  Related Reading: Solana Breaks Above Key Resistance At $225 ATH Next? As BTC consolidates near its ATH, traders closely watch key levels to determine whether the next move will be a breakout to new highs or a dip to test lower support zones. Either outcome will likely shape Bitcoins trajectory in the coming weeks. Featured image from Dall-E, chart from TradingView

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Bitcoin Mega Whales Are Moving Opposite To Rest Of Market: Glassnode

On-chain data from Glassnode shows the largest Bitcoin whales have been showing the opposite behavior to what other investors have been doing. Bitcoin Market Is Observing A Moderate Distribution Phase Currently According to data from the on-chain analytics firm Glassnode, the behavior of the largest BTC whales has once again deviated from the rest of [...]

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