Key points:

• The interest of the buyer Bitcoin remain powerful at the highest levels, contrasting with the first touch of $ 100,000 in 2024.

• As a result, cryptochant analysis is summarized that “the price of the price can continue”.

• Tiny -term Bitcoin owners are definitely black in another potential strengthening of the bull market.

Buyers Bitcoin (BTC) remain dominant on the stock exchanges, because the ups of all time meet with extraordinary optimism.

Data from the Onchain analytical platform Cryptochant It shows a 90-day total volume (CVD) favorable to Bitcoin bulls.

Cryptochan: BTC Price Upstrend “can continue”

Further BTC prices still find support among traders, and buyers remain dominant, despite the market growth by 50% in less than two months.

Analyzing the 90-day CVD, a collaborator of Cryptochan Ibrahim Cosar reveals to what extent the sellers gave control during this period.

“In short: purchase orders (buyers) have become dominant again. In other words, there are more purchase orders than sales orders,” he sums up.

“This generally signals that it can be continued.”

CVD measures the difference between the volume of buying and sales over three months. Until mid -March, sales pressure dominated the book of orders, and BTC/USD reached Multimonthis Minimum below USD 75,000 at the beginning of April.

Neutral conditions then prevailed until the buyer’s dominance repeated in May.

“Summary of the situation: Because the price is tested above USD 110,000 and reaches a new level of all time (ATH), the buyers have not withdrawn. It may be setting the scene of the next wave of movement up,” Cosar sums up.

Bitcoin Hodlers refrains from sales

According to Cointelegraph, Hodlers basically refrained from the distribution of coins to the market at current levels.

Related: Bitcoin ‘looks exhausted “because the next bears give the target 69,000 USD

Studies show that daily profits are half of what was when Bitcoin first reached $ 100,000 in December 2024, and the price is 10% higher.

“This time older coins were much less vigorous, signaling stronger holding behavior,” added the analytical company Onchain Glassnode in X thread on the point.

The distribution of the age of the coin shows the change:

🔺 76.9% (May 2025)
🔻 44.6% (December 2024)

> 6m coins:
🔻 13.4% (May 2025)
🔺 24.7% (December 2024)

This time, older coins were much less active, signaling stronger hold behavior. pic.twitter.com/8pzq8p3zx7

– Glass node (@Glassnode) May 22, 2025

Cryptoquant notes that the price of price increased after recovering the average cost base for short-term cohort (STH) Bitcoin (STH) at a level slightly less than $ 100,000-USD-subsidies buying in the last six months.

“Bitcoin collects after recovering the short-term average cost of the owner-clicking level, which often serves as a strong purchase indicator on bull markets”, IT he said X followers.

This article does not contain investment advice or recommendations. Each investment and commercial movement involves risk, and readers should conduct their own research when making decisions.