#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.
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.
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BTC
107,941.51
+0.24%