Main takeout:
The 20th Bitcoin Coin Base Premium march represents the attention of strong institutional investors and retail investors.
The inflow of short -term and long -term holders reduces the risk of falling.
In June, optimistic divergence and triangle brake out patterns are aimed at $ 118,000.
The price of Bitcoin (BTC) seems to have been primary in June due to the demand of US investors and the decrease in sales pressure of short -term and long -term holders.
Coinbase Premium Index (CPI) has maintained the longest positive march in 2025 in 2025 in the last 20 days in the last 20 days, which measures the price difference between BTCs of other exchanges such as Coinbase and Binance. Consistent purchase activities from retail investors indicate strong market confidence.
According to Crypto analyst Burak Kesmeci, Coinbase saw the net leak of 8,742 BTC on May 26, the third largest leak last month. Kesmeci suggests the demand of institutional investors, Kesmeci said.
“COINBASE’s large -scale outflow often follows a company’s announcement, such as an ETF inflow surge or a strategy to declare a new BTC purchase.”
Similarly, AXEL Adler Jr., a researcher at Bitcoin, argued that the demand for BTCs is strong enough to maintain a bull running without serious interference.
Adler Jr. explained that Bitcoin short -term sop (30 -day moving average), an indicator of gauge, gains among investors with BTCs for less than 155 days, has recently reached the best in the local area to signal to improve the realized profits.
However, the analysts emphasized that the indicators are relatively conquered compared to the level of the previous price, and that there is no sign of excessive happiness in the current rally.
Encryption data confirms these market trends and shows the reduction in the inflow of long -term holders (LTH) and short -term holders (STH) of Binance.
In August 2024, in the stagnation of the stagnation and the tariff drive in April, each cohort sent more than 12,000 and 14,000 BTCs to Binance, respectively.
Currently, the inflow is limited to 8,000 BTC, and it is a mirroring level that can be seen during light modifications, emphasizing the lack of intense sales pressure.
Related: Bitcoin can reach $ 200K after signaling a ‘obvious’ brake out in 2025.
The optimistic bitcoin chart pattern is $ 118,000
On the technical front, Bitcoin is trading within the down triangle pattern and is potentially aimed at $ 118,000. In the low time frame (LTF) one -hour chart, the pattern is lowered, and long -term prices are supported by $ 106,000 to $ 104,000, and are established as the highest profitable area for potential buyers.
The main signal to strengthen the strong case is the visible difference between the price and the relative robbery index or the RSI. The BTC has a low price, but the RSI is higher, indicating that the weakness of the weakness is weakened and the strength will come forward.
This chart also proposes a potential short -term deviation below $ 107,000 under the pattern trend line, resulting in a common liquidity cleaning. If the price drops from $ 106,000 to $ 104,000 and rapidly rebounds, you can verify the strength of the strength and cause exhaustion toward the expected $ 118,000 goal.
Related: There are five signs of suggesting Bitcoin prices.
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.