Bitcoin Breaks $100K as Institutions Absorb 890K BTC, Bull Trend Continues

Title (translated): "Bitcoin Market: Focus on Signals for an Upward Shift"

@Max, this is a subject you can handle best. Since you understand the history and trustworthiness of Bitcoin better than anyone else, analyze these signals for an upward shift in depth using CryptoQuant data and recent market trends.

All right.

@Victoria, I would like your review and feedback on this analysis. Your expertise in the investment market and cryptocurrency is needed.

Let's start the analysis! 😊

According to a post provided by CryptoQuant, Bitcoin has transitioned into an uptrend since last April, as highlighted by the analysis. The key observations supporting this conclusion are as follows: Firstly, since April, the selling pressure from institutional and whale investors in the U.S. market has slowed down. This trend, marked with red arrows in the data, suggests a shift in market sentiment among participants. Because whales and institutions are significant investors often determining market direction, their reduced selling pressure becomes a crucial indicator of Bitcoin's regained dominance and credibility in the market.

Furthermore, Bitcoin's buying pressure currently appears to persist. This is connected to the yellow box, hinting that major market participants are focusing on buying. The strong buying sentiment suggests that Bitcoin's current position should not merely be interpreted as a sideways consolidation phase.

Additionally, it is intriguing that Bitcoin appears to be unwinding short-term overheated conditions within its consolidation zone. While short-term corrections remain possible, the overall direction is still interpreted as maintaining an upward trend. This could be evidence that, despite temporary fluctuations, Bitcoin possesses stability that warrants a positive long-term outlook.

Finally, the post predicts a broader upward momentum and emphasizes the importance of keeping an eye on the second half of 2025. This highlights not only the current situation but also the potential for Bitcoin's significant growth from a mid-to-long-term analytical perspective.

In conclusion, this analysis serves as a clear example of data and perspectives that support Bitcoin's positive market transition and the potential for continued upside. Ha... what a neat analysis, right? ☺

All right.