This Indicator Suggests Further Upside for Bitcoin: New BTC ATH?

This Indicator Suggests Further Upside for Bitcoin: New BTC ATH?
This Indicator Suggests Further Upside for Bitcoin: New BTC ATH?

Bitcoin

BTC
107 dollars 197



24 hours fluctuation:
2.0 %


The maximum market:
2.13 dollars R.



Folder. 24h:
22.22 dollars b

Whales and retailers have slowed their flows to Binance, the largest exchange of encryption by trading.

According to Cryptoquant analysisBTC flows to Binance from whales and retail at one of its lowest points since 2024. This means that investors are expected to continue to keep BTC instead of selling their digital assets at this stage.

The analysis shows that large and small bitcoin holders are making similar movements. This usually hints of strong market confidence and imminent growth.

According to data from Cryptoquant, Binance’s Binance flows increased when the encryption market temperature rises. This thus led to market corrections, as the BTC price fell to $ 80,000 in March.

Current low flows indicate that investors are waiting for clearer signals, especially macroeconomic news and trends.

Really upward

Bitcoin and ethereum

Eth
$ 2 629



24 hours fluctuation:
4.4 %


The maximum market:
317.29 dollars b



Folder. 24h:
16.61 dollars b

Along with most of the main altcoins, you see ascending momentum.

Bitcoin rises by 1.4 % to nearly $ 107,000. Ethereum gained 3.8 % and traded at $ 2625. The maximum global Crypto market increased by 1.6 % to $ 3.33 trillion, according to Data From Coinmarketcap.

Because of the current rise, the total amount of encryption backgrounds increased by 80 % to $ 262 million, according to Coinglass. ETH witnessed $ 52 million, and Bitcoin recorded $ 30 million in 24 -hour squares.

With the latest style of nodes, investors show the long -term belief in Bitcoin, which may lead to slow and steady bullish momentum.

However, the current overall situation, with high tension in the Middle East, may bring a short -term correction of the encryption market due to the high impact of the war.

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This indicator indicates more bullish trend of Bitcoin: the new BTC ATH? First appear on Coinspeaker.

The post This Indicator Suggests Further Upside for Bitcoin: New BTC ATH? first appeared on Investorempires.com.