Bitcoin Must Hold $88.88K to Confirm a BTC Bottom, Analysis

Bitcoin Faces Critical $88,880 Barrier As On-Chain Data Maps Key Recovery Test

Bitcoin is trading near $80,874, but fresh on-chain analysis from CryptoQuant suggests the market’s real test may sit nearly $8,000 higher. According to new UTXO age band data published on May 7, Bitcoin must reclaim and maintain the $88,880 level before analysts can begin treating the current recovery as a confirmed market bottom. That threshold […]

Bitcoin Must Hold $88.88K to Confirm a BTC Bottom, Analysis

An analysis shared by Cryptoquant indicates bitcoin must reclaim and hold $88,880 before traders can confirm a BTC bottom. UTXO age bands identified several realized price levels where trapped buyers could add resistance during recovery attempts. Bitcoin UTXO Age Bands Show What Could Confirm a BTC Bottom Cryptoquant, an on-chain and market data analytics firm, […]

Is Bitcoin price bottom confirmed? On-chain data weighs in

The Bitcoin (BTC) price rally above $82,000 earlier this week,  its highest level since January 31, 2026, could be a dead-cat bounce seeking to trap more bulls. Bitcoin price must clear a major liquidity level around $88,880 to confirm a fresh bull rally, according to data from CryptoQuant, as analyzed by Finbold on May 7. Notably, the Bitcoin Realized Price UTXO Age Bands – which shows the average price different groups of BTC holders paid, bas…

Bitcoin Exchange Supply Falls To 2023 Lows After $8B Leaves Major Platforms

Bitcoin reserves on major exchanges are falling again, with Binance, OKX, and Gemini seeing nearly 100,000 BTC leave their holdings since February, according to CryptoQuant analyst Amr Taha. At Bitcoin’s latest price near $80,700, the combined withdrawals represent more than $8 billion in BTC moving away from those exchange wallets. Bitcoin Exchange Supply via CryptoQuant Binance recorded the largest decline. Its Bitcoin reserves fell from about…

Bitcoin reserves hit 2023 lows but is the bottom confirmed?

Bitcoin reserves on Binance, OKX and Gemini fell by nearly 100,000 BTC as analysts watch $88K for stronger bottom confirmation.

3 Bitcoin Signals Point the Same Way: Do They Confirm a Bottom?

Key Takeaways Whale realized price support: $66K-$70.6K range held during correction. Above this range: local bottom may be established. Binance reserves: 670K to 620K BTC since Feb 21, $4B+ removed. OKX reserves: 132K to 102K BTC since March 2, $2.4B removed. Gemini reserves: 114.8K to 95K BTC since Feb 4, $1.6B removed. Total: 100,000 BTC removed from three exchanges, worth $8B+. Weekend inflow gap now visible: institutional flows follow Trad…