Main meals:

• The monthly flow/monthly flow of Bitcoin has decreased to 0.9, indicating the renewal of confidence and accumulation in the long run.

• Despite the short pressure on the short side on Binance derivatives, BTC remained in a narrow range between $ 100,000 and $ 110,000.

• More than 19,400 BTC has been transferred to institutional portfolios, indicating strategic locations by long -term holders.

After cutting off the level of $ 100,000 on May 8, the Bitcoin (BTC) price was closed every day above the psychological level. While BTC published a lesser deviation to $ 98,300 on June 22, encryption assets are still close to the new highlands that exceed $ 111,800.

Although the decline to $ 100,000 is only 9 % correction, one scale indicates that the price range ranges between $ 100,000 and $ 110,000 can be the new lower scope before BTC is subject to another reward in the second half of 2025.

Data from Cryptoquant indicated that market activity indicates long -term confidence, as onchain data shows great dominance on external flows on flows. The monthly flow/flow rate decreased to 0.9, an unprecedented level since the end of the bear market in 2022 and historically indicates strong demand.

This percentage, which measures the balance between the coins that come out to and from exchanges, works as a measure of feelings. Reading below indicates that investors transport assets outside the stock exchanges, which usually reflects accumulation behavior. On the contrary, values ​​that exceed 1.05 have previously coincided with increased pressure pressure and local market peaks.

It is worth noting that this decrease reflects the levels seen in December 2022, which represents the Bitcoin bottom near $ 15,500. The reflection point preceded these multi -sustainable gatherings, which supports the thesis that a low percentage often precedes the price reflection.

The current dominance of external flows and the high -term participation of pregnant women provides a convincing condition for the formation of the structural bottom. If historical patterns hold, Bitcoin may approach a major axis moved by the request with the possibility of marking the beginning of its next upward leg.

Related: Bitcoin news update: BTC tightening when price break up to its highest levels

Bitcoin absorbs the pressure pressure from short merchants

Despite the continuous aggression on the sale aspect of Binance derivatives over the past 45 days, Bitcoin has kept a narrow range of $ 100,000 -110,000 dollars. Delta Delta (CVD) data remains negative, indicating consistent pressure for the short sale of applicants. However, the price deficit in the collapse indicates that this flow is absorbed, which means accumulation.

This structural flexibility can be strengthened through the activity of Onchain indicating the institutional movement. The Maartunn encryption analyst also noted that more than 19400 BTC was transferred about $ 2.11 billion on Tuesday from sleeping governor to institutional headlines. These coins in the past remained not touching them for three to seven years, which confirms the importance of this step.

Such transfers are not impulsive. Such activities are often associated with the strategic situation, indicating that large entities may interfere as the price is fixed amid short -term pressure is clear.

The continuous sales flow, the silent negative side reacts, and accumulate on a large scale argument that bitcoin constitutes a bottom of approximately $ 100,000. While short -term fluctuations may continue, the basic supply, perhaps institutional, can make a sharp correction without this increasingly unlikely level.

Related: Bitcoin gained 72 % and 84 % in the last twice of BTC holders.

This article does not contain investment advice or recommendations. Each step includes investment and risk trading, and readers must conduct their own research when making a decision.