Bitcoin Buying Picks Up Again, But $79,962 Remains The Key Resistance: On-Chain Data

4 hours ago

Bitcoin is showing early signs of renewed demand a

Bitcoin Buying Picks Up Again, But ,962 Remains The Key Resistance: On-Chain Data

Bitcoin Buying Picks Up Again, But $79,962 Remains The Key Resistance: On-Chain Data

Bitcoin is showing early signs of renewed demand after a February stretch marked by heavy selling across both retail and institutional venues, even as the broader macro backdrop remains unsupportive for risk assets. On-chain and ETF flow data now point to a market that is stabilizing, though not yet fully out of danger.

Bitcoin Spit Net Volume Delta (Coinbase and Binance) | Source: X @Darkfost_Coc
US Bitcoin ETF Flows | Source: Axel Adler Jr
US Bitcoin ETFs: Realized Price | Source: Axel Adler Jr
Bitcoin must break above $74,500, 1-week chart | Source: BTCUSDT on TradingView.com

Featured image created with DALL.E, chart from TradingView.com

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