Bitcoin News
By Dan Saada
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Bitcoin’s Confidence Indicator: The Supply in Profit. As Bitcoin continues to climb, the supply in profit metric has been steadily rising, a key sign…
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Exchange Netflows: A Bullish Signal. Another key metric contributing to the optimism around Bitcoin’s price is the exchange netflows…
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MVRV Ratio: A Growing Bullish Signal. Bitcoin’s MVRV (Market Value to Realized Value) ratio, which measures the difference between the…
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Where Are Bitcoin’s Price Targets?. The market’s growing confidence is reflected in Bitcoin’s price trajectory.
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What’s Next for Bitcoin?. As Bitcoin holders maintain their conviction, the likelihood of a pullback remains, but it does…
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Bitcoin has been quietly climbing over the past week, with its price steadily moving from $87K to $94K, reflecting a positive sentiment among investors.
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A notable shift has been observed in Bitcoin's exchange flow metrics, which are showing signs of heavy accumulation.
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As Bitcoin continues to climb, the supply in profit metric has been steadily rising, a key sign that holders are feeling more confident about the currency’s long-term trajectory.
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This increase in Bitcoin’s supply in profit, along with its relatively low selling pressure from miners, signals that the current rally could still have some legs to run.
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The 7-day moving average of exchange flows saw a significant drop in April, further highlighting that Bitcoin holders are not rushing to sell.
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Bitcoin’s MVRV (Market Value to Realized Value) ratio, which measures the difference between the price of Bitcoin and the average price at which it was last moved, has also been…
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However, this fear of selling pressure from profit-taking is counterbalanced by the longer-term MVRV ratios, which remain low.
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The market’s growing confidence is reflected in Bitcoin’s price trajectory. With the $94K–$95K zone acting as a key resistance point, the next significant hurdles appear to be at…
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The market’s cautious optimism is supported by a combination of bullish metrics and a solid technical outlook.
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In conclusion, the data suggests that Bitcoin’s current rally has strong momentum and could continue to rise throughout 2025.
The Currency Analytics
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