The data suggests that Bitcoin traders are currently looking to accumulate between $100,000-$200,000.

Takeaways from the conference:

•  Bitcoin’s monthly outflow/inflow has fallen to 0.9. It signals renewed long-term trust and accumulation.

• BTC is still trading in the tight range of $100,000 to $110,000 despite aggressive short side pressure.

• The fact that over 19,400 BTC was moved from individual wallets to institutions indicates a strategic position by the long-term owners.

Bitcoin (Bitcoin) has now surpassed the $100,000 mark.BTCPrice has closed each day over the psychological level. BTC has posted lower range deviations to $98,300, but the crypto asset is close to reaching new highs over $111800. 

One metric suggests that the range of prices between $100,000 and $110,000 may be a new low before BTC enters another parabolic phase in the second half 2025. 

CryptoQuant Data indicated Market activity indicates a renewed confidence in the long term. Data from onchain shows that outflows are significantly more than inflows. The monthly outflow/inflow ratio has fallen to 0.9, a level not seen since the end of the bear market in 2022 and one that historically signals strong demand.

The ratio measures how coins are moving in and out of exchanges. It is a good indicator for sentiment. The reading of a ratio below 1 indicates that the investors have moved assets from the exchanges. Prior to this, values over 1.05 coincided previously with an increase in sell pressure as well as local market tops.

This latest fall is strikingly similar to the drop seen in December 20,22. It marks Bitcoin’s bottom macro level near $15,000. This inflection mark preceded an extended multimonth rally. It supports the theory that a low price ratio is often a precursor to a price change.

It is clear that a bottom structure has formed, given the dominance of current outflows. If past patterns are repeated, Bitcoin could be nearing a pivotal demand-driven point that will mark its next bullish phase.

Related: Bitcoin news update: BTC range tightening hints at price break to new highs

Bitcoin absorbs the pressure of short sellers

Despite sustained sell-side aggression on Binance derivatives over the past 45 days, Bitcoin has held its ground within a tight $100,000–$110,000 range. Cumulative Volume Delta (CVD) data remains Negative, indicating consistent pressure on short sellers from the takers. The price is unable to fall further, which suggests this flow has been absorbed.

Onchain activities that point toward institution movement may reinforce this structural resilience. As observed Maartunn, a crypto-analyst, reports that over 19,400 BTC (worth approximately $2.11billion) were moved on Tuesday to institutional grade addresses from dormant Wallets. The coins were previously dormant for between three and seven years. This highlights the importance of this move.

These types of transfers are not usually impulsive. These actions are usually associated with strategic positioning. This suggests that big companies may intervene if prices remain stable amid short-term pressure.

Bitcoin’s persistent selling, the muted reaction to the downside, and massive accumulation all support this argument. Although short-term volatility is likely to persist, the bid, which could be institutional, may make it increasingly difficult for Bitcoin’s price to fall sharply below $100,000.

Related: Bitcoin price gained 72% and 84% the last two times BTC holders did this

The article is not intended to provide investment advice. Risk is inherent in every investment decision and trade. The reader should always do research prior to making a final decision.