Bitcoin exchange flows drop to the lowest level in 10 years-monotheism or shock of supply? star-news.press/wp

Bitcoin returns again in a pivotal moment, as it is traded near $ 106,000 after a turbulent week characterized by sharp movements and uncertainty. The leading cryptocurrency briefly lost a brand of $ 100,000 after geopolitical tensions, but it turned away strongly, and gained more than 5 % in less than 48 hours. This rapid recovery highlights the extreme volatility that dominates the market, with no clear direction to the direction so far. Investors are still cautious, watching signals that can determine the next main step.

According to data from Cryptoquant, the average bitcoin flows – which are collected by combining exchange flows with external flows – decreased to their lowest levels in 10 years. Liquidity drying indicates the stage of unifying the broader market, where both buyers and sellers await or more pronounced micro signals.

While low exchange activity often indicates the absence of an investor, it can also indicate that the width pressure is built in the background, especially if its large owners transport coins to cold storage. Since Bitcoin maintains a little main support, the low liquidity mix and increased tension can raise the next explosive step in either direction.

Bitcoin faces a pivotal moment amid the divided market expectations

Bitcoin is again under the spotlight as it moves in one of the most total technical and economic areas of the macroeconomic economy. After the level of $ 100,000 decreased during the weekend after the American military strike on Iranian nuclear facilities, BTC has been recovered since then, and to restore the main support levels of more than $ 105,000 after the announcement of a ceasefire. This rapid recovery emphasizes the severe volatility that controls the encryption market, but also highlights the uncertainty surrounding the next step for Bitcoin.

In current levels-5 % less than its height at all-it appears that Pitcoin is stable on the surface but faces a large test of strength. While some analysts expect the outbreak of new record levels, others warn that the lack of momentum can indicate a deeper restoration of less than the 100,000 psychological sign. The price structure remains intact at the present time, but the lack of a clear direction of the direction is to keep investors on the edge of the abyss.

Senior analysts Axel Adler Main data provided This adds to the complexity. According to his counterpart, the average bitcoin flow on central exchanges – as both flow and external flows decreased – to only 40,000 BTC per day. This is the lowest level seen in a contract.

A large part of Bitcoin has moved on exchanges, indicating the strong Holding Holding behavior in the long run, but also indicates a lack of possible liquidity. If the demand is revenue while the supply is still restricted, Bitcoin may suffer from severe upward price pressure. Until then, the market continues to hover in a state of caution.

BTC Prices Analysis: Resistance Test about 109 thousand dollars

Bitcoin shows a renewed strength on the time frame for 3 days, and trades at 107,029 dollars after being frequently recovered from the lowest level in the past week about $ 98,000. The planned highlights two main horizontal levels – $ 103,600 working as strong support, and $ 109300 as a strong resistance. This range has become a basic unification area for BTC since early May, with multiple rejection and failed collapses showing the market frequency.

The price now includes the upper limits of this range after a successful regain from the moving average for 50 days (blue), which is located near 94,891 dollars. It is worth noting that the 100 -day moving averages and 200 days (red) are still much lower than the current prices, indicating that the long -term trend is still optimistic despite the recent fluctuations.

The size remains relatively stable, but it lacks the explosive condemnation that is usually seen during the gatherings. In order to decisively Bitcoin to higher levels, Bulls must turn the resistance of $ 109,300 to support. A clear collapse above this level may start a new leg higher towards an unknown area.

Until then, BTC seems closed in tight uniformity, offering $ 103,600 a reliable support base. As long as this level carries, the structure prefers bulls, but rejection of the resistance can call another round of uncertainty.

Distinctive image from Dall-E, the tradingView graph

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