After a comprehensive price correction over the past three months, the Bitcoin bull market is still hanging in balance. Despite the modest price reflection in April, the most significant cryptocurrency still has a sturdy intention to resume the Bull rally due to the lack of positive market factors. However, the analyst Crypto Axel Adler Jr. He emphasized the promising development that could signal the main additional potential for Bitcoins.
Bitcoin long -term owners who want to stop the pressure for sale
IN The latest post On X Adler Jr. He shared an significant update of Holdcoin owners (LTH), which can be much positive for the wider BTC market.
Using the data in the Cryptoquant chain, the eminent analyst informs that the sale of pressure by long -term owners, i.e. the amount of LTH resources on the stock exchanges, has reached the lowest point at 1.1% over the past year. This development indicates that Bitcoin LTH is now deciding to maintain its assets, not profits.
Adler explains that the further decline in these LTH replacement resources to 1.0% signaled the total lack of sales pressure. In particular, this development can encourage a recent entrance to the market and enduring accumulation, creating a sturdy stubborn BTC rush.
Importantly, Alder emphasizes that most of Bitcoin LTH entered the market at an average price of USD 25,000, since then Cryptoquant has recorded the highest LTH sales pressure by 5.6% at USD 50,000 at the beginning of 2024 and 3.8% at 97,000 USD at the beginning of 2025.
According to Adler, these two cases probably represent the basic phases of bringing profits for long -term owners who intended to leave the market. That is why the revival in the sale of pressure from this group of BTC investors is unlikely in a miniature period, which supports the stubborn construction matters, because long -term owners currently control 77.5% Bitcoin in circulation.
BTC price review
At the time of writing, Bitcoin traded at USD 85,226 after a profit of 0.36% on the last day and loss of 0.02% last week. Both indicators only reflect the ongoing market consolidation, because BTC is still trying to achieve a convincing price breakthrough exceeds USD 86,000.
Meanwhile, the results of assets in a monthly chat currently reflect an boost of 1.97%, which indicates the potential reversal of trends as the market correction has subsided. Nevertheless, BTC needs a sturdy market catalyst to ignite any balanced rally. With market capitalization, 1.67 trillion USD Bitcoin is the largest digital resource, controlling 62.9% of the cryptographic market.
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