Onchain Data Suggests Potential Bitcoin Rally Amid HODL Dominance and Low New Buyer Activity

Onchain Data Suggests Potential Bitcoin Rally Amid HODL Dominance and Low New Buyer Activity

The post Onchain Data Suggests Potential Bitcoin Rally Amid HODL Dominance and Low New Buyer Activity appeared on BitcoinEthereumNews.com. Onchain data reveals promising signs of a Bitcoin price rally, driven by stablecoin inflows and long-term holder behavior despite short-term price softness. Stablecoin accumulation patterns resemble those observed after major market shocks like the LUNA and FTX collapses, suggesting a potential breakout phase…

Bitcoin ‘demand generation’ phase mirrors 2022 market bottom: Are new highs incoming? - WorldNL Magazine

Key takeaways:Stablecoin inflow patterns mirror levels seen after the LUNA and FTX collapse. Pointing to fresh accumulation and the potential for a breakout rally.Bitcoin holds above $100,000, but new user activity is still low, indicating a “HODL” phase where holders are waiting for fresh demand to drive prices higher.Bitcoin (BTC) is flashing early signs of a strong rally, but the price chart is not drawing attention. Onchain data shows a “dem…

Bitcoin ‘demand generation’ phase mirrors 2022 market bottom: Are new highs incoming?

Onchain data points to a major Bitcoin price rally in the making, while short-term price weakness highlights the absence of “new” buyers.

Bitcoin and Altcoins Rally as Market Dynamics Shift

Bitcoin, above $106,800, shows strong market presence, but altcoins are slowly rising. AVAX faces global disruptions but has a 40% rally potential per analyst predictions. Continue Reading:Bitcoin and Altcoins Rally as Market Dynamics Shift The post Bitcoin and Altcoins Rally as Market Dynamics Shif...

Bitcoin Buy Signs Flash But Short-term Risk Remains – #CryptoUpdatesGNIT

Key takeaways: Stablecoin inflow patterns mirror levels seen after the LUNA and FTX collapse. Pointing to fresh accumulation and the potential for a breakout rally. Bitcoin holds above $100,000, but new user activity is still low, indicating a “HODL” phase where holders are waiting for fresh demand to drive prices higher. Bitcoin (BTC) is flashing early signs of a strong rally, but the price chart is not drawing attention. Onchain data shows a “…