Since July 31, 2024, on March 25, the highest leak on March 25, Bitcoin (BTC) withdrew from more than $ 2.4 billion. Meanwhile, the US Bitcoin Exchange Transaction Fund (ETF) suggests that institutional demands are being broken.
Are you trying to resume Bitcoin Bull?
Bitcoin exchange leaks reached a seven -month high.
Bitcoin is attempting to have more than $ 90,000 as the exchange continues to decline.
Bitcoin: Pure flow to exchange. Source: Glass Node
Looking closely at this data, we can see that on March 25, a huge mass of such withdrawal was made by a whale with withdrawal of more than $ 1 billion in BTC or a group with 1,000 BTC on March 25.
Withdrawal from Bitcoin Whale Exchange. Source: Glass Node
High bitcoin is leaked from exchange and withdrawal of whales, especially sales pressure, often signal accumulation and optimistic feelings, which can increase prices.
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In addition, the blockchain analysis company, Arkham Intelligence, pointed out that the billionaire Bitcoin Whale added more than $ 200 million on March 24.
This whale began to acquire Bitcoin five days ago when Bitcoin’s price was between $ 100,000 and $ 86,000 in February. This suggests that such large investors have seen them as a purchase opportunity when they expect a higher price with a higher price.
Spot Bitcoin ETF flow takes “positive rotation.”
Another sign of major investors who buy BTCs is to continue the capital flow with the Spot Bitcoin Exchange Trade Fund (ETF) from March 14. SPOT BITCOIN ETFs are in a total of $ 886.6 million for eight consecutive days.
Market Data Provider Santiment said, “ETF has been a positive change since March 14, with $ BTC and Altcoins.
“This is the first stripes of this length in 2025.”
ETF has been a positive change since March 14 $ BTC And altcoins. More than seven days have passed since more money is more money than moving to Bitcoin ETF. This is the first stripes of this length in 2025. pic.twitter.com/9v1lnq95UX
-Santiment (@santimentFeed) March 26, 2025
As reported by COINTELEGRAPH, Digital Asset Investment Products was the first in five weeks to enter the net inflow every week.
The main trend line that resumes the BTC Price Eyes Bull Market
According to the data from COINTELELEGRAPH Markets Pro and TradingView, BTC/USD transactions have increased 1.2% to $ 88,265, up 1.2% over the last 24 hours. The price of BTC is currently in the overhead resistance of the index moving average (EMA) for 20 weeks of $ 88,682.
Bitcoin Price supports this level to continue to run bull. The chart below shows that violations of the EMA for 20 weeks are often ahead of the big rally at the Bitcoin price.
BTC/USD weekly chart. Source: COINTELEGRAPH/TradingView
On October 16, 2023, the BTC price rose about 170% from $ 27,000 on October 16, 2023, up 170% to set more than $ 73,000 in March 14, 2024.
Similar prices occurred when the price rose than the EMA for 20 weeks on September 20, 2024, and in December 2024, 77% rally began from $ 60,000 to $ 108,000.
Popular analysts say that the average of moving while emphasizing the importance of this trend line is “Bitcoin’s most important level.”
Meanwhile, Keith Alan, a co -founder of Trading Resource data indicators, said Bitcoin should open in 2025 for about $ 93,300 per year.
This article does not include investment advice or recommendation. All investment and trading measures include risks, and the reader must do his own research when making a decision.