Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin Active Addresses
Drop After Losing $100K Level – Bullish
Pattern Amid
Volatility?
Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin Active Addresses Drop After Losing $100K Level – Bullish Pattern Amid
Volatility?
by Sebastian Villafuerte
4 minutes ago
in Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin News
0
Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin has faced severe selling pressure after briefly reclaiming the $100K
mark, only to lose it in under three days. The swift reversal has left
investors on edge as BTC now struggles to find stability around the $95K
level. This critical support zone is pivotal in determining whether BTC can
recover or face a deeper correction in the coming days.
Related Reading: Ethereum• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Ethereum Takes Early Q1 Lead Showing Post-Halving Strength –
Will History Repeat?
Top analyst Axel Adler recently shared valuable insights on X, highlighting a
concerning trend in Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin’s network activity. According to Adler, the
average weekly change in the number of active addresses on the Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin network
has dropped to extremely low values since crossing the $101K level. This
metric, often a key indicator of market engagement, suggests waning momentum
and a potential cooling in demand.
With uncertainty dominating the market, all eyes are on Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin’s ability to
hold the $95K level and attract renewed buying pressure. Analysts warn that
failing to establish support here could lead to further declines. However, if
BTC manages to regain strength, the next push above $100K could mark a turning
point in this volatile phase. The coming days will be critical in shaping
BTC s trajectory for the near term.
Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin Enters A Crucial Moment
Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin is navigating a critical phase after losing the $100K mark and dipping
below the $98K level. This unexpected downturn has sparked concerns among
investors and analysts, who are closely monitoring the $92K support level—a
pivotal zone that could determine whether BTC reclaims its bullish momentum or
extends its correction.
CryptoQuant analyst Axel Adler recently shared insightful data on X, shedding
light on the market s current state. Adler highlighted that the average
weekly change in the number of active addresses on the BTC network has dropped
to extremely low values since crossing the $101K level.
Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin Active Addresses 30DMA Change | Source: Axel Adler on X
While this might seem bearish at first glance, Adler noted that this trend
aligns with a bullish pattern when adjusted for volatility in the futures
market. Historically, similar patterns have preceded significant rebounds,
making the next few days critical for Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin’s trajectory.
Related Reading: This BTC Bull Cycle ‘Might Be The Longest Ever’ – Top Analyst
Explains Why
The crypto community remains cautiously optimistic, as the broader market
sentiment suggests the potential for a bullish run in the coming weeks.
However, BTC must first establish a solid foundation above the $92K level to
regain investor confidence. A successful rebound could pave the way for
another attempt to break the psychological $100K mark, but failure to hold key
support could signal further declines.
Testing Crucial Demand
Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin is currently trading at $95,000 after experiencing a sharp 7% decline
from the recent high of $102,300. This level is crucial for bulls to maintain
strength and preserve the broader bullish structure that has defined
Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin s price action in recent weeks. Holding above this zone is vital
for setting the stage for a potential recovery and another attempt to reclaim
the $100K mark. BTC testing demand at $95K | Source: BTCUSDT chart on
TradingView
However, the market remains on edge as the $92K level emerges as the final
line of defense. Losing this critical support could signal a significant shift
in market sentiment, opening the door to a deeper correction toward the $85K
level. Such a move would likely amplify bearish pressure, further testing
investor confidence during this uncertain phase.
Related Reading: 90% Of Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin Supply In Profit – Could This Cycle Mirror The
2017 Bull Run?
Analysts emphasize that the current consolidation is a pivotal moment for BTC.
If bulls manage to stabilize the price at $95K and regain momentum, the path
to recovery could begin. Conversely, failure to hold the $92K mark would
heighten the likelihood of prolonged consolidation or even a sharper downturn.
The next few days will be decisive, with trading volumes and market sentiment
playing key roles in determining Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin s direction.
Featured image from Dall-E, chart from TradingView