When US President Donald Trump moved to impose up-to-date tariffs on Canada, Mexico and China last week, Bitcoin (BTC) prices dropped to around USD 91,500 in fear of a global trading war. Although the virgin cryptocurrency quickly regained Flash after an accident, a mighty rejection in the price zone of USD 102,000 attracts a lot of speculation about the future of the current course.

The advanced Bitcoin signal flashes the local lower signal – what does this mean?

IN Post X On February 7, the renowned cryptographic analyst Beek Kesmeci shared some insights on Bitcoin Advanced NVT (network value for transactions)-in the chain, which assesses the valuation of the BTC market in relation to the size of the transaction.

Basically, the advanced NVT signal helps traders identify purchased (compact volume, high price) and Oversold (high, low price) Bitcoin market conditions, thus anticipating future market trends. According to Kesmeci, Bitcoin Advanced NVT has fallen four times local DNA last year: May 2, 2024, with a result of 30.78, 5 August 2024 (35.82), September 6, 2024 (35.81) and October 10, 10 October, October 10, October 10, 2024 (38.21).

In each of these cases, BTC has experienced prices, but was preceded by a brief accumulation phase. Interestingly, when Bitcoin crashed to USD 91,000 last week, the advanced NVT record dropped to 38.13 – level in line with the past local bottom. This development indicates that Bitcoin is required from a price rally.

However, although it is possible to reflect the prices brief -term, historical data suggest that Bitcoin is probably in consolidation for some time before the start of a mighty price rally. Interestingly, after rejection of USD 102,000, BTC shows a traffic associated with USD 95,000 to 100,000. To materialize from the price rally, market bulls must overcome the resistance of USD 102,000, with further obstacles of USD 105,000 and USD 106,000.

BTC records USD 267 million as a result of net outflows

From other messages, Blockchain Analytics Intotheblock informs that the Bitcoin market has experienced $ 267 million net outflow, creating a three -week series of outflows.

A coherent net outflow is a stubborn signal indicating that investors transfer their assets from stock exchanges, reducing potential sales pressure. Although, although the recent positive trend is ongoing, the recently volume of outflow is much lower than the levels registered in November 2024, indicating the place to escalate in terms of investors’ trust.

At the time of writing, BTC trads on USD 96,720, reflecting a decrease of 0.84% ​​in the last 24 hours. The Prime Minister of Asset survived a turbulent commercial week with a total loss of 6.48%, which reduces its monthly benefits to 2.90%. With market capitalization, USD 1.9 trillion Bitcoin remains the largest cryptocurrency and the eighth largest asset in the world.