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

The Bitcoin inflow/outflow ratio has fallen to 2022 lows, and the accumulated volume delta shows that short selling pressure is not able to push prices down. Is it time for a rally?



Market Analysis

Key Points:

The monthly Bitcoin outflow/inflow 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 moved 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 at $98,300 on June 22, the crypto asset remains close to new highs above $111,800. Daily chart of Bitcoin. Source: Cointelegraph/TradingView

While a drop to $100,000 is just a 9% correction, one metric indicates 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.