Bitcoin is currently trading in a narrow range, caught between the $113K resistance and the $110K support level. Bulls are struggling to regain momentum after recent pullbacks, while mounting selling pressure continues to weigh on short-term sentiment. The tight consolidation reflects investor indecision, with both sides waiting for a decisive breakout that could shape the…
View More Bitcoin CDD Indicator Signals LTH Distribution As Demand Offsets Pressure
Bitcoin is trading at a decisive level after surging to fresh all-time highs, touching $124,000 before pulling back. Bulls remain in control, but the market now shows signs of hesitation, with BTC struggling to confirm momentum above $120,000. This price action reflects indecision among traders as the market balances profit-taking with renewed accumulation. On-chain data…
View More Bitcoin 30-Day CDD Down: Market Absorbs LTH Selling Without Breaking Support
Bitcoin is trading at a decisive point after recently setting new all-time highs, but momentum appears to be shifting. Despite briefly pushing past $120,000, BTC failed to sustain levels above its record, and the breakout above ATH remains unconfirmed. This lack of follow-through has fueled bearish speculation, with some analysts warning that the market could…
View More Bitcoin Data Shows Accumulation Prevails As LTH Selling Pressure Eases
Bitcoin trades at a critical level, holding steady above $118,000 but failing to gain momentum for a breakout. Price action has continued to tighten over the past several days, and analysts now anticipate a major move once either key supply zones are absorbed or demand breaks below. The market sits on edge, waiting for confirmation…
View More Bitcoin Long-Term Holders Begin Distribution: Mirroring Fall 2024 Cycle