#BinanceTurns8 Bitcoin metric says that $100,000 was the bottom: When will the rally towards new highs begin?

The Bitcoin in/out ratio fell to 2022 lows, and the delta of accumulated volume shows that short-selling pressure is failing to push prices down. Time for a rally?



Market Analysis

Key points:

The monthly Bitcoin out/in ratio has dropped to 0.9, indicating renewed long-term confidence and accumulation.

Despite aggressive short-selling pressure on Binance derivatives, BTC has remained in a tight range between $100,000 and $110,000.

More than 19,400 BTC were transferred to institutional wallets, indicating strategic positioning by long-term holders.

After breaking above the $100,000 level on May 8, the price of Bitcoin

BTC

€92,882

has closed each day above the psychological level. While BTC recorded a lower range deviation below $98,300 on June 22, the crypto asset remains close to new highs above $111,800. Daily Bitcoin chart. Source: Cointelegraph/TradingView

While a drop to $100,000 is just a 9% correction, one metric suggests that the price range between $100,000 and $110,000 could be the new minimum range before BTC experiences another parabolic phase in the second half of 2025.