As Bitcoin (BTC) continues to standardize slightly less than $ 120,000, the dominance of new investors rises steadily. However, data on the series appears that BTC is still far from high temperature, indicating that the leading cryptocurrency may have more space for operation before you put an important correction.
Bitcoin may still have some spaces for operation
According to A Cryptoquant Quickttake Post by Axladlerjr shareholder, the dominance of new investors in Bitcoin is gradually increasing – currently hovering about 30 %, and it is in the middle of the road only to the historical “fever” threshold.
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The following graph analyst, which highlights two previous cases – shared a mark in Orange – when the new investors dominated eloquent levels and coincided with BTC domestic peaks.
The first case occurred in March 2024 when the scale reached 64 %, and the second in December 2024 when it reached 72 %. Either way, BTC witnessed a significant decrease, which led to the formation of local bottoms.
It is worth noting that with the flow of new liquidity that dries during these stages, their long -term holders began to achieve profits. This added more pressure on the BTC price.
Currently, although the new investors dominate the top, it remains much lower than the orgasm area – usually between 60 % and 70 % – indicating more bullish capabilities in the bullish BTC momentum before exhaustion.
Meanwhile, older holders continue to sell moderately. The graph indicates a 0.3 laboratory, which indicates that three -year -old BTC supplies still absorb the new demand without severe disturbances.
From a long -term perspective, the market remains balanced, and it appears that the risk of surrender widely of veteran wallets is low. Axeladlerjr’s sister:
If the indicator growth speeds up and approaches the historical corridor from 0.6-0.7, one should expect an intense profit, thus correction. Currently, the show/request structure is still in a late health cycle stage, when new money comes but the old players have not yet moved to collective sale.
Is the price of BTC about to procrastinate?
While the above data indicates that Bitcoin still has a room for growth, other indicators indicate a decline momentum. One of these signals is the last decrease in the premium gap Bitcoin Coinbase, which has broken Long series of positive values.
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Fellow of Cryptoquant arabchain analyst certain This development in their analysis. They pointed out that the enthusiasm of the American investor of BTC seems to cool at the current price levels.
However, the factors of positive macroeconomics – such as historical BTC relationship With the expansion of the global M2 Money-it is still possible to lead digital assets to new levels in the short term. At the time of the press, BTC is trading at 118,371 dollars, an increase of 0.6 % in the past 24 hours.
A distinctive image of Unsplash, plans from Cryptoquant and TradingView.com
The post Bitcoin Sees Rising New Investor Dominance, Old Holders Yet To Capitulate first appeared on Investorempires.com.
