Analysis: New market demand is absorbing bitcoin seller pressure
2025-01-12 11:52:07
Bitcoin is currently trading in the $94,174 range, stabilizing above the key $92,000 support level. A break above $95,000 could be the catalyst for a new round of bullish energy, potentially paving the way for a rush towards the psychologically important $100,000 level. Glassnode data shows that the BTC ownership trend is shifting, and the percentage of BTC wealth held by new investors (coins less than three months old) is rising, currently accounting for 49.6% of the network's liquidity. This shift indicates that mature investors have strategically allocated their bitcoin holdings in the recent uptrend, while new demand is stepping in to absorb seller pressure, providing a stabilizing force even if the market is volatile.
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
Previous article：
分析：新的市场需求正在吸收比特币卖方压力Next article：
Merlin Chain宣布支持Goldinals协议
