{"id":39146,"date":"2025-12-12T17:54:50","date_gmt":"2025-12-12T17:54:50","guid":{"rendered":"https:\/\/financialrush.com\/?p=39146"},"modified":"2025-12-12T17:54:50","modified_gmt":"2025-12-12T17:54:50","slug":"bitcoin-selling-pressure-fades-so-why-is-btc-still-stuck-analyst","status":"publish","type":"post","link":"https:\/\/financialrush.com\/?p=39146","title":{"rendered":"Bitcoin Selling Pressure Fades: So Why Is BTC Still Stuck? (Analyst)"},"content":{"rendered":"

\n<\/p>\n

Bitcoin is holding near $90,000 while supply on exchanges continues to fall. Recent data points to lower selling activity, as more BTC moves into long-term storage.<\/p>\n

At the same time, traders appear to be reducing risk, and the price structure is showing signs of strength despite recent volatility.<\/p>\n

Deposits to Exchanges Keep Dropping<\/h2>\n

Bitcoin inflows to exchanges are now around 21,000 BTC, according to CryptoQuant. That\u2019s a sharp drop from 88,000 BTC seen in 2021 and well below the 126,000 BTC level recorded during the last market peak. Crypto Tice commented<\/a>,<\/p>\n

\u201cWhen exchange deposits collapse like this, sell pressure evaporates.\u201d<\/p>\n

Many holders are moving BTC to cold wallets, custodians, or ETFs. This reduces the liquid supply and can increase sensitivity to demand changes, especially if buying pressure returns.<\/p>\n

In addition to fewer deposits, Bitcoin is steadily being withdrawn from exchanges. Over the last year, around 403,200 BTC have been withdrawn from centralized platforms, as CryptoPotato<\/em> recently reported<\/a>. This equals about 2.1% of Bitcoin\u2019s total circulating supply and reflects a broader move toward long-term holding.<\/p>\n

Meanwhile, the market is showing signs of lower leverage. CryptoQuant analyst Arab Chain noted<\/a> that the estimated leverage ratio on Binance has dropped to 0.163, below recent averages of 0.18 or higher. \u201cThe market is undergoing a sensitive period<\/em>,\u201d he said, pointing to the more cautious stance among traders. This reduction in leverage also helps limit extreme price swings, often driven by liquidations during high volatility.<\/p>\n

Support Holds as Price Compresses<\/h2>\n

Bitcoin has been trading between $89,400 and $93,400 in the past 24 hours, with support near $90,800 holding being tested to the downside. Micha\u00ebl van de Poppe said<\/a> the price is forming higher lows, suggesting a possible upward breakout. \u201cPrice clearly doesn’t break down anymore<\/em>,\u201d he noted, adding that recent downside moves appeared to lack organic selling.<\/p>\n

The market is showing signs of compression. Analyst Lennaert Snyder noted<\/a> that BTC continues to reject the $94,000 level and is forming a tight range. He explained that breaking above this zone may open the way toward $99,000 or higher. In contrast, if it breaks below $89,800, a move toward $87,600 could follow.<\/p>\n

Simultaneously, Merlijn The Trader pointed<\/a> to the monthly MACD showing a bearish cross, similar to the setup in 2019. Despite that signal, BTC is holding above its 20-month moving average.<\/p>\n

\n

\u201cSmart money sees a launchpad,\u201d he commented.<\/p>\n<\/blockquote>\n

<\/a>
Bitcoin (BTC) Price Chart 12.12. Source: Merlijn The Trader\/X<\/figcaption><\/figure>\n

In 2019, this same technical structure formed shortly after the Federal Reserve ended quantitative tightening. Bitcoin went on to rally by over 600%. Analysts are watching to see if similar conditions are now forming again.<\/p>\n

The post Bitcoin Selling Pressure Fades: So Why Is BTC Still Stuck? (Analyst)<\/a> appeared first on CryptoPotato<\/a>.<\/p>\n\n
Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"Bitcoin is holding near $90,000 while supply on exchanges continues to fall. Recent data points to lower selling…\n","protected":false},"author":2,"featured_media":39147,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[],"class_list":["post-39146","post","type-post","status-publish","format-standard","has-post-thumbnail","category-crypto","cs-entry","cs-video-wrap"],"_links":{"self":[{"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/posts\/39146","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=39146"}],"version-history":[{"count":0,"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/posts\/39146\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/media\/39147"}],"wp:attachment":[{"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=39146"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=39146"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=39146"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}