Bitcoin Outflow Ratio Mirrors 2023 Accumulation – Long-Term Bullish Signal?
2025-07-06 08:17:05
Main Idea
Bitcoin is currently consolidating below its all-time high, with analysts noting strong long-term bullish signals despite short-term risks.
Key Points
1. Bitcoin is consolidating below its $112,000 all-time high, with bulls defending the $108,000 level as short-term support.
2. Analysts highlight a trend of outflows dominating, suggesting long-term holders are moving BTC off exchanges rather than selling.
3. Bitcoin's price range has persisted between $103,000 and $110,000 for several weeks, indicating a potential imminent breakout.
4. The outflow/inflow ratio has fallen to 0.9, a level last seen during the 2023 bear market, signaling sustained demand.
5. BTC remains well above key moving averages (50 SMA, 100 SMA, 200 SMA), suggesting the bullish trend is intact on higher timeframes.
Description
Bitcoin is currently consolidating just below its $112,000 all-time high, with bulls firmly defending the $108,000 level as short-term support. This narrow range has created a tense but bullish environment as traders and investors await a decisive move that could shape the market’s direction in the months ahead. Top analyst Darkfost highlights a notable trend: outflows continue to dominate, reinforcing long-term investor confidence. This pattern suggests that rather than exiting the market, seas...
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