Bitcoin holders (BTC), known as whales, is to buy more assets after a calm period in early January and a set of profit destruction data.
The monthly percentage of growth in Bitcoin’s bodies accelerated from the large investors from -0.25 % on January 14 to +2 % on January 17, the highest monthly rate since mid -December.
Such growth comes on his back to become Donald Trump as President of the United States, where traders expect to provide support policies and create a strategic reserve for bitcoin, and both events may originally feed the institutional capital in the short term. The main order of the order and the BTC price. Among the prominent new buyers are Bitcoin Microstrategy and Kulr Energy Management Systems.
As such, Bitcoin’s sale pressure was dramatically reduced after making a daily profit of $ 10 billion with the origin approaching $ 100,000 in December. Long -term Bitcoin holders, who have been seen as “smart money”, have sold more than a million BTC since September, and it appears that behavior has reached the bottom, and Coindesk’s analysis indicated on Wednesday.
Meanwhile, the margins of unrelated profit for merchants are now close to scratch. According to the coding conditions, it often behaves like the price of the price during the emerging market, indicating that we may be at a stable point before the next step.
However, the demand for a retail spot on Bitcoin cools, according to encryption.
“The clear demand for Bitcoin continued in the expansion zone (the Green Zone in the graph to the left). However, the expansion rate fell from 279,000 Bitcoin in early December 2024 to 75,000 Bitcoin today,” the company said in its report on Friday.
The apparent demand is a scale on the chain used to measure the balance between the production of Bitcoin (newly promoted coins through mining) and changes in their stock (coins that were inactive for more than a year).
“The growth growth must be accelerated again in order for prices to collect significantly,” he added.
