Basic Points:
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Bitcoin’s consumer interest remains strong all the time high, contrasting to the first touch of $ 100,000 in 2024.
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BTC price “can continue” as a result, cryptoquant analysis ends.
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Short -term bitcoin holders are stable in black with an additional potential bull market increase.
Bitcoin (Btc) Consumers remain dominant in exchanges as all time highs are met with unusual optimism.
Data from Onchain analytics platform Cryptoquant Shows a 90-day aggregate volume of delta (CVD) favors Bitcoin bulls.
Cryptoquant: BTC Price Uptrend “May Continue”
The BTC prices all the time high will continue to find support for entrepreneurs, along with consumers who remain dominant beyond the market that screams 50% under two months.
Examining the 90-day CVD, the cryptoquant contributed that Ibrahim Cosar to the extent to which sellers were in control at the time.
“In short: buy orders (taker) have become dominant again. In other words, more purchase orders are placed on the market than sellers of orders,” he summarized.
“This is generally signing that the uprising can continue.”
The CVD measures the difference between buying and selling quantity within a three -month period. As of mid-March, the sell-side pressure led the order book, with the BTC/USD whipping multimonth lows under $ 75,000 in early April.
Neutral conditions then prevail until consumer dominance is again recorded in May.
“The summary of the situation: While price tests above $ 110k and reached a new all-time high (ATH), consumers have not been backed down. It can set a stage for another wave of upward motion,” Cosar concluded.
Bitcoin Hodler stop sales
Number Cointelegraph reportedHodlers are widely prevented from distributing coins in the market at current levels.
Related: Bitcoin ‘looks tired’ because the next bear market yields a target of $ 69k
The daily income extraction was half of what it was when Bitcoin first reached $ 100,000 in December 2024, research shows, while the price was 10% higher.
“Older coins are less active at this time, signing a stronger behavior,” added the Onchain Analytics Firm Glassnode to a X thread on the subject.
The age distribution of the coin shows the shift:
🔺 76.9% (May 2025)
🔻 44.6% (Dec 2024)> 6m-old coins:
🔻 13.4% (May 2025)
🔺 24.7% (Dec 2024)Older coins are less active at this time, signing a stronger handling behavior. pic.twitter.com/8PZQ8P3ZX7
– Glass Node (@glassnode) May 22, 2025
The cryptoquant note that the price momentum increased after reclaiming the average cost basis for COHORT’s short-term holder (STH) of Bitcoin under just the $ 100,000-creature buying within the last six months.
“Bitcoin rally after reclaiming the short-term owner of the average cost basis-a basic level that often serves as a powerful buy-the-DIP indicator during bull markets,” this said X followers.
This article does not contain investment advice or recommendations. Every transfer of investment and trading involves risk, and readers should conduct their own research when deciding.
