Bitcoin News
By Julie Binoche
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Bitcoin Top May Not Be In Yet. In a recent CryptoQuant Quicktake post, PelinayPA explained that Bitcoin’s recent decline — from…
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Long-Term Holders Remain Confident. One of the key insights from the report is that long-term holders remain largely inactive despite…
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Short-Term Traders Locking in Profits. The data also reveals that the current selling pressure is mainly driven by short-term holders who…
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Why the Bull Run May Continue. PelinayPA emphasized that the 55% probability of the bull run continuing stems from the broader…
5 / 15
Possible Dip to $102,000 Before Recovery. While the overall outlook remains positive, short-term volatility should not be ignored.
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Final Outlook: Bull Run Still Has Fuel Left. While short-term traders may continue to take profits, the underlying data suggests that Bitcoin’s…
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Despite Bitcoin’s (BTC) recent 13% pullback from its all-time high (ATH) of $126,199 recorded on October 6, analysts believe the current bull cycle may still have room to run.
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In a recent CryptoQuant Quicktake post, PelinayPA explained that Bitcoin’s recent decline — from $126,000 to around $109,000 — is part of a broader consolidation rather than a…
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Typically, these short-term inflows signal that traders are repositioning their portfolios to prepare for upcoming volatility rather than exiting the market entirely.
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This long-term holder conviction is a bullish signal, showing that most participants with a long-term perspective continue to trust Bitcoin’s fundamentals and market trajectory.
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According to PelinayPA, “The lack of selling activity from holders in the six-month to ten-year range minimizes the possibility of another major sell-off in the near term.
12 / 15
The data also reveals that the current selling pressure is mainly driven by short-term holders who acquired Bitcoin within the past few weeks.
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As these new market entrants exit their positions, liquidity redistributes to stronger hands — typically long-term investors or institutions.
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In the short term, Bitcoin could revisit the $102,000 support zone, especially if profit-taking continues among newer holders.
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PelinayPA emphasized that the 55% probability of the bull run continuing stems from the broader on-chain picture — particularly the resilience among long-term holders and the…
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