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07/15 14:17

Bitcoin traders, forget halving; instead, watch TH

Bitcoin traders, forget halving; instead, watch THIS for BTC’s next move!

Bitcoin consolidates near $106K as whales accumulate but momentum shows signs of exhaustion.

Bitcoin [BTC]  short-term holders currently show distinct entry zones, with the 1-week to 4-week cohort averaging $106.2K, while those from 3 to 6 months sit near $97.5K. 
This divergence sets up a crucial psychological battleground. As BTC traded near $105,606 at press time, those nearing breakeven may rush to sell, adding resistance near $106.2K. 
However, buyers anticipating a dip might treat the $97.5K level as a discount zone. 

This dynamic could determine whether Bitcoin breaks out or reverses downward, depending on which cohort dominates near-term price action.
Source: CryptoQuant
IntoTheBlock data confirms a major behavioral shift: Large Holder Inflows spiked 254.46% in the past week, while Outflows fell 53.86%. 

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