Bitcoin (BTC) has shown strong upward momentum recently, with a significant increase in buying pressure pushing its net taker volume to a new 2025 high. Despite a slight 2.5% drop in its value over the last 24 hours, the cryptocurrency has been on an impressive rise, moving from a local low of $76,600 to a high of $87,470. This surge has captured the attention of traders, as it suggests a potential shift in market dynamics that could influence BTC’s price trajectory in the short term.

Rising Buying Pressure and Confidence in the Market

According to data from CryptoQuant, Bitcoin’s net taker volume on Binance surged to $467 million, marking its highest level in 2025. This surge in trading volume indicates stronger buying pressure compared to selling, signaling growing confidence among investors. Since Binance is one of the largest crypto exchanges in the world, this uptick in volume could be a sign that sentiment is improving, and traders are returning to the market.

The increased buying pressure is also reflected in Bitcoin’s circulating supply, particularly for coins aged one week or less. At the time of writing, this cohort had dropped by 50%, from 5.9% to 2.8%. A sharp reduction in available Bitcoin to trade typically indicates that investors are holding onto their assets rather than selling, which can be interpreted as a bullish signal.

Declining Exchange Inflows and Whales’ Behavior

Another key indicator of Bitcoin’s current market strength is the decline in exchange inflows. Glassnode reports that BTC exchange inflows have fallen by 54%, from 58.6k to 26.9k BTC per day. This reduction in inflows suggests a decrease in sell-side activity, which often accompanies an increase in buying demand.

Whale activity is also pointing toward strong bullish sentiment. Data from IntoTheBlock shows that Bitcoin’s large holders have been withdrawing more coins from exchanges than they have been depositing. This is reflected in the Large Holders Netflow to Exchange Netflow Ratio, which dropped from 0.17% to -0.04%. When the exchange netflows for whales turn negative, it signals that they are accumulating rather than selling their holdings, a clear sign of confidence in future price increases.

Bitcoin’s Market Potential and Key Price Levels

Historically, increased buying pressure and accumulation tend to drive higher demand, leading to higher prices. If this trend continues, Bitcoin could break past its current resistance level of $86,000. A sustained move above this level would pave the way for Bitcoin to target the $90,000 mark.

However, there are also potential risks. If the buyers who purchased Bitcoin below the $80,000 level decide to sell, it could lead to a pullback in price. In this case, Bitcoin may test support around $82,000 before any further upward movement.

Conclusion: What Traders Need to Watch

As Bitcoin continues to experience heightened buying activity and whale accumulation, the outlook remains positive for a price rebound. The key for traders will be monitoring the support and resistance levels closely. If Bitcoin can maintain momentum and stay above $86,000, it may continue to push toward new highs, potentially reaching $90,000. However, if market sentiment shifts or if sellers re-enter, Bitcoin could face a temporary dip toward the $82,000 support level.

In short, Bitcoin’s price trajectory in the coming days will largely depend on whether buying pressure continues to outweigh selling. Traders should be vigilant, watching for signs of continued accumulation and market confidence to help guide their decisions in this volatile market.