Home Fear & Greed Pools Wallets Dictionary Advertise Facebook Twitter Telegram Reddit Youtube
Market Cap:
24h Vol:
Cryptocurrencies: 12450
Markets: 96130
CoinInsight360.com logo CoinInsight360.com logo
ENG
EST
RUS
TUR
DEU
CHI
KOR
ITA
USD
USD
AED
AFN
ALL
AMD
ANG
AOA
ARS
AUD
AWG
AZN
BAM
BBD
BDT
BGN
BHD
BIF
BMD
BND
BOB
BRL
BTN
BWP
BYN
BZD
CAD
CDF
CHF
CLF
CLP
CNH
CNY
COP
CRC
CUC
CUP
CVE
CZK
DJF
DKK
DOP
DZD
EGP
ERN
ETB
EUR
FJD
FKP
GBP
GEL
GHS
GIP
GMD
GNF
GTQ
GYD
HKD
HNL
HRK
HTG
HUF
IDR
ILS
IMP
INR
ISK
JMD
JOD
JPY
KES
KGS
KHR
KMF
KPW
KRW
KWD
KYD
KZT
LAK
LBP
LKR
LRD
LSL
LYD
MAD
MDL
MGA
MKD
MMK
MNT
MOP
MRU
MUR
MVR
MWK
MXN
MYR
MZN
NAD
NGN
NIO
NOK
NPR
NZD
OMR
PAB
PEN
PGK
PHP
PKR
PLN
PYG
QAR
RON
RSD
RUB
RWF
SAR
SBD
SCR
SDG
SEK
SGD
SHP
SLL
SRD
SSP
STD
STN
SVC
SYP
SZL
THB
TJS
TMT
TND
TOP
TRY
TTD
TWD
TZS
UAH
UGX
UYU
UZS
VES
VND
VUV
WST
ZAR
ZMW
ZWL
A company that is changing the way the world mines bitcoin

WallStreet Forex Robot 3.0
Market Cap
24h Vol
12450
Cryptocurrencies
55.82%
Bitcoin Share
Bitcoinist 2025-01-30 01:30:09

1.1M Bitcoin Bought Near ATH Is Still Untouched – New BTC Holders Hold Firm?

1.1M Bitcoin Bought Near ATH Is Still Untouched – New BTC Holders Hold Firm?

Bitcoin has experienced significant volatility in recent days, navigating through bearish sentiment and market uncertainty. Despite this, BTC remains strong above the $100K mark, holding a key psychological and technical level. Investors are divided on whether Bitcoin is preparing for a surge into price discovery or a deeper correction, as speculation continues to drive market sentiment. However, on-chain data suggests long-term confidence is growing. Crypto analyst Maartunn from IntoTheBlock shared key insights revealing that over 1,100,100 BTC has transitioned from the As Bitcoin consolidates near all-time highs , investors are watching key resistance and support levels closely. If BTC holds above $100K and reclaims $103,600, a push toward new all-time highs could be imminent. On the other hand, losing the $100K level could introduce further downside risks, leading to a deeper market correction. Bitcoin Consolidates Below Key Levels Bitcoin has faced days—if not weeks—of uncertainty, consolidating below the $110K mark, a psychological level that investors believe could trigger the next major move. While BTC has yet to test this price, market participants closely monitor key support and resistance levels to determine Bitcoin’s next direction. Crypto analyst Maartunn shared on-chain metrics on X , revealing that over 1,100,100 BTC has transitioned from the Right now, the $100K level remains the most critical price point in the market. Analysts suggest that holding this level is essential for BTC to continue its bullish trend. If Bitcoin fails to hold above $100K, a deeper correction could follow, leading to extended consolidation or even a short-term bearish phase. However, if BTC remains stable above this mark, it could provide the foundation for further price appreciation in the coming weeks. Unless BTC sees further drops below $100K, this trend suggests a strong accumulation phase, which could fuel the next bullish leg toward price discovery. BTC Faces Key Resistance Bitcoin is currently trading at $102,300 after days of massive volatility and repeated tests of the $100K demand zone. Despite the uncertainty and bearish sentiment, BTC has managed to hold its ground, showing resilience at this crucial psychological level. However, for bulls to maintain control, Bitcoin must reclaim the $103,600 level as soon as possible. This supply zone has been acting as a strong resistance, preventing BTC from making a decisive move higher. If BTC pushes above this level and holds it as support, a move toward all-time highs would become more likely in the short term. On the flip side, if Bitcoin fails to reclaim $103,600, it could face renewed selling pressure, pushing it back toward lower demand levels. The market has already seen a strong defense of the $100K mark, but another test could weaken this support. If BTC drops below $100K, it will signal a deeper correction phase, potentially leading to extended consolidation before the next attempt at price discovery. Featured image from Dall-E, chart from TradingView

Most Read News



Cryptohopper
Market Cap
24h Vol
55.82%
Bitcoin Share
533
Today News
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.