Bitcoin Long-Term Holders Add 339K BTC Since April 4 – Steady Accumulation Signals Conviction

Bitcoin is trading higher than the main psychological level of $ 100,000, but the bullish momentum that has paid prices up in recent weeks may cool with BTC failure to restore resistance near $ 105,000. After a sharp gathering, the Bitcoin increased by more than 40 % of the lowest level on April 9, the price procedure and the demand test are now unified. While the bulls are still in control of a sign of $ 100,000, the increasing signs of uncertainty led some analysts to warn of a possible collapse if $ 100,000 fails.

Despite these short -term fears, long -term basics are still strong. Cryptoquant data reveals that since April 4, their long -term holders (LTH) added 339,000 BTC to their holdings. The accumulated accumulation by the long -term investors adds to the upscale thesis, which indicates the continued condemnation of the long -term value of Bitcoin, even when traders in the short term express his frequency.

The coming days will be very important, as Bitcoin must either confirm $ 100,000 as a strong support or a deeper decline. All eyes are on whether the demand will keep, and whether LTH accumulation can compensate for fear in the increasing market.

Long -term bearers add fuel to the ups of the bitcoin

Bitcoin is currently in a pivotal stage that can determine the market path for the coming months. After mobilizing more than 40 % of its lowest level on April 9, BTC has spent the past few days in integrating less than 105 thousand dollars. This monotheism has sparked a mixture of expectations-some traders expect out the outbreak of the highest new level ever, while others believe that the market can put an extended range.

Despite the fluctuations in the short term, the broader trend is still clear. Bitcoin maintained a fixed upward trend for more than five weeks, climbed multiple resistance levels and attracts the attention of the renewed investor.

One of the most important signs of confidence comes from the behavior of its owners in the long run. According to the data he shared Senior analysts Axel AdlerSince April 4, their long -term holders (LTH) added a total of 339,000 BTC to their wallets. This up to the total LTH offer to 14,370338 BTC – a record that emphasizes a deep conviction in the future value of Bitcoin.

This wave of accumulation is a strong upward sign. Historically, heavy purchase periods precede the main gatherings. If BTC is able to maintain current demand areas and restore resistance, the market can enter a new stage of expansion. However, if the resistance is proven and the momentum weakens, the market may remain trapped in wider unification. Currently, the bulls are pressed to confirm the strength, and the LTH accumulation shows that they are not retreating.

BTC keeps more than support, but the penetration is still out of reach

The 4 -hour graph shows that Bitcoin is continuing to unify the highest support level of $ 103,600 after failing to break a clean over the area of ​​$ 105,000. The price procedure remains tightly between 103,600 dollars and 104,800 dollars, with multiple failed attempts to pressure higher, indicating the presence of heavy liquidity on the sale aspect of that region.

Nevertheless, the Bitcoin structure is still optimistic. EMA and SMA 200 are heading in this time frame up and much less than the current price, providing a strong basis for continuous support. The size decreased slightly during monotheism, which is typical in a temporary stop stage before a possible collapse or collapse.

If BTC is more than $ 103,600, Bulls may soon try another break, especially if the size exceeds favorable macro. The confirmed step of more than $ 105,000 will increase the next main psychological goal near $ 110,000. On the negative side, a loss of 103,600 dollars opens the door for a deeper decline in about $ 100,000 – a region of strong psychological and structural demand.

Distinctive image from Dall-E, the tradingView graph

Editing process For Bitcoinist, it is focused on providing accurate, accurate and non -biased content. We support strict resource standards, and each page is subject to a diligent review by our team of senior technology experts and experienced editors. This process guarantees the integrity of our content, importance and value of our readers.