#TrumpTariffs #ETHMarketWatch #BTCBreaksATH110K #BTCBreaksATH110K #DinnerWithTrump $BTC Bitcoin: Hodlers are holding on... and this could make the BTC price explode

Bitcoin is reaching historical highs, but rather than provoking massive profit-taking, this trend seems to encourage buying. Recent analyses reveal that spot buyers still dominate the order books on exchanges. Key points to note:

Buyers' interest remains strong despite new highs, unlike the first breakthrough of $100,000 in 2024.

According to CryptoQuant's analysis, the bullish trend of BTC could continue.

Short-term holders are in profit, which could fuel a new bullish cycle.

Despite never-before-seen price levels, bitcoin buyers

BTC

€95,790

remain dominant on exchanges, in an astonishingly optimistic atmosphere.

Data from the on-chain analysis platform CryptoQuant shows that the cumulative CVD over 90 days is still in favor of bitcoin bulls.

CryptoQuant: The upward price trend of BTC "could continue"

Bitcoin's historical highs continue to attract support from traders. Even after a 50% rise in less than two months, buyers remain in the majority.

By analyzing the CVD over 90 days, Ibrahim Cosar, a contributor at CryptoQuant, highlights how sellers have lost control during this period.

"In summary: buy orders have become dominant again. In other words, there are more purchases than sales in the market," he summarizes.