Bitcoin News
By Jean-Luc Maracon
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What the Supply Age Bands Are Telling Us. Alphractal's analysis goes deeper than the headline number.
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The Market Bottom Debate Isn't Settled. The July price recovery has a lot of people asking whether Bitcoin has found its bottom.
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What 84% Concentration Actually Means for Traders. Step back and think about what 84% long-term concentration actually looks like in practice.
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Bitcoin climbed from $58,000 to $64,000 in early July. That's a 7% gain after a rough June, and it came alongside something that doesn't always get enough attention — a pretty…
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Long-term holders now control 84% of all Bitcoin in circulation. Short-term investors are left with the remaining 16%.
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Joao Wedson, Alphractal's founder, put it plainly: a supply structure like this makes the market far more sensitive to new capital inflows if demand picks up.
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Alphractal's analysis goes deeper than the headline number. Nearly every Supply Age Band is shrinking right now — meaning Bitcoin is moving out of shorter holding windows and…
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That's a specific and interesting cohort. These are coins acquired relatively recently — not the old-school holders who bought in 2017 or 2020 — but investors who came in more…
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What happens next is kind of mechanical. As that six-to-12-month tranche ages, it crosses the threshold into long-term holder territory. The Long-Term Holder Supply grows.
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It's worth being clear about what that doesn't mean. It doesn't mean a rally is guaranteed. It means the conditions for a sharper move — in either direction — are probably…
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The July price recovery has a lot of people asking whether Bitcoin has found its bottom. Some analysts see encouraging signs — improving on-chain data, renewed ETF inflows, the…
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See also: BlackRock Pulls Bitcoin ETF Inflows Back From the Brink After Months of Capitulation
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But not everyone's buying it. Doctor Profit, one of the more vocal skeptics in the space, warned that analysts pushing bullish narratives and encouraging fresh investment could…
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And he's not entirely wrong to flag that. Markets don't move in straight lines just because the structural setup looks favorable. Sentiment can flip. Leverage can unwind.
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So the honest answer on the bottom question is: unclear. The on-chain data is constructive. The supply picture is arguably the tightest it's been in a while.
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