Bitcoin Primed for Breakout as On-Chain Data Flashes Bullish Signals
Key metrics suggest Bitcoin''s gearing up for a major move—just as Wall Street ''discovers'' crypto again (right on schedule).
The setup: On-chain activity shows accumulation patterns eerily similar to pre-pump historic rallies. Whale wallets are loading up while retail hesitates—classic early-cycle behavior.
Why it matters: When these signals last appeared, BTC ripped 300%+ within months. Now? The Fed''s printing money like it''s 2021, and institutions are suddenly ''long-term believers.''
Watch the exits: Smart money''s buying, but keep an eye on Tether''s printer. Nothing fuels a crypto rally like freshly minted USDT—until the music stops.
Bitcoin’s latest on-chain signals suggest a bullish shift is building strength. According to CryptoQuant, the Taker Buy/Sell Ratio recently hit 1.1, marking a rise in aggressive buying behavior, while short-term holders are locking in profits instead of exiting early. This, paired with BTC’s 1.84% daily price gain to $107,642, highlights growing confidence in a potential price breakout.
Buyers Dominate Again – What Does It Mean for Bitcoin?
“After 4 months of red, green CVD bars are back, signaling renewed buy pressure… Historically, green phases often precede strong uptrends.” – By @IT_Tech_PL
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https://t.co/fG1RCWCM4d pic.twitter.com/IrSkRMkcp5
Long-Term Holders Build the Base
CryptoQuant data shows Bitcoin’s Realized Cap for long-term holders has now exceeded $56 billion, a level that reflects increasing conviction. Coins older than 155 days are moving into inactive wallets, suggesting holders aren’t looking to sell into the recent rally. Historically, this type of accumulation signals early stages of long-term bull trends, forming a strong foundation beneath BTC’s price.
Moreover, Bitcoin’s 30-day volatility dropped to 21.68%, the lowest in weeks. While low volatility may seem dull, such periods often precede explosive price moves. Combined with strong LTH buying and bullish short-term signals, it may set the stage for an upward breakout.
Coin Days Destroyed: A Minor Blip?
While Coin Days Destroyed (CDD) ROSE slightly, up 3.83% to 291.4k, indicating some older coins moved to exchanges, analysts say the shift is minor. Rather than a sell-off, this could reflect normal rebalancing. Overall, bullish metrics continue to outweigh bearish signals.
Short Squeeze Possible?
CoinGlass data reveals that over 60% of Binance traders are shorting BTC. With such a crowded short trade, a price MOVE higher could trigger a short squeeze, adding fuel to BTC’s rally.
Altogether, strong buyer activity, long-term holder confidence, and low volatility suggest Bitcoin may be primed for its next big move upward.
