NEWSLETTER
bitcoin is currently quoted below the $ 100K brand, without a clear trend in sight. After an intense volatility period, bulls lost control last weekend, not suffering impulse for a break over the historical maximums. However, bears also lack the force to boost the significantly lower price, leaving btc in a state of consolidation.
As the market fights for the address, the key data in the chain reveal an important tendency among bitcoin holders. Anxel Anxel Adler shared ideas highlighting that from bitcoin reached $ 28K, management activity has been reduced in negative territory. This means that most btc holders are in HODL mode, reducing the pressure on the sale side and limiting the risk of low down.
The market now expects the confirmation of the next movement, whether a strong setback above $ 100K or a deeper correction at the key demand levels. While the price action remains undecided, historical trends suggest that prolonged consolidation periods often precede the great shoots. If bitcoin manages to recover critical resistance, he could prepare the stage for a continuation of the bull cycle.
bitcoin holders will not be sold
bitcoin has been consolidating below its historical maximum since the end of December, with only a brief attempt to break in mid -January that failed to trigger the price discovery. Despite the high expectations of btc yields at the beginning of the year, the market has been caught in a range, leaving frustrated investors and analysts. The lack of impulse above $ 100K has expressed concern about whether btc will continue its historical bull cycle or if the market is entering a prolonged consolidation phase.
The superior analyst Axel Adler shared <a target="_blank" href="https://x.com/AxelAdlerJr/status/1887746829606891700″ target=”_blank” rel=”noopener nofollow”>Key ideas in xhighlighting a critical tendency that could shape bitcoin's price trajectory. Adler points out that since btc reached $ 28K, the management activity has been reduced in negative territory. This means that the majority of bitcoin holders have gone to Hodl mode, significantly reducing the available supply. If this trend continues, it will mark two full years of activity of the direction in Declive in May 2025.
This change in behavior suggests that something has changed in this cycle compared to the previous Alcista markets. With less coins moved or sold, the supply hardens at a faster rate, which potentially prepares the stage for an eventual supply compression. If the demand becomes again, bitcoin could quickly leave its current range and enter the price discovery.
Price fights to find a short -term address
bitcoin is quoted at $ 97,700 after a failed breakdown below the $ 96K brand, showing resilience but struggling to exceed the $ 100K level. The market remains in a phase of indecision, with bulls and bears unable to take total control. Any significant price movement from here could define the next trend, whether bullish or bassist.
If bulls want to recover the impulse, bitcoin must break above the $ 100K resistance level and keep it as a support. A decisive movement above this brand, backed by strong purchase pressure, could feed a rally towards historical maximums and prepare the stage for price discovery. However, the longer btc does not claim $ 100K, the greater the risk of another setback.
On the negative side, if bitcoin loses the level of $ 96k again, it could follow a deeper correction. The next main demand zone is around $ 90K, where strong purchase interests could arise. This level has acted as a key zone of psychological and technical support in recent weeks.
For now, bitcoin's price remains the scope, and merchants are closely observing a break in any direction. Until btc makes a clear movement, volatility and uncertainty will continue to dominate the market.
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