Bitcoin has reached a record of about $ 112,000 on May 22 and has remained relatively close to that sign since then, making investors on the edge of the abyss.
Despite the activity of the subordinate market, the Bitcoin (BCMI) indicate indicates a shift in the feeling.
According to accumulation signals
As of May 29, 2025, the simple moving average for 7 days (SMA) for BCMI sharply to about 0.6, which, which,,, According to To Cryptoquant, the early upward trend suggests. On the other hand, SMA remains for 90 days stable at about 0.45, which reflects a neutral area and confirms that the market has not increased its temperature yet.
The BCMI, which mixes the main standards such as MVRV, NUPL, SOPR and The Fear & Greed Index, is a broader scale for the market mood. Extremist thresholds, and the values that are less than 0.15 indicate the macro bottom, while those that exceed 0.75 hints in possible peaks.
With the improved profits and indicators on the chain, the index hints at the potential early accumulation stage. Although the broader participation remains cautious, the data indicates that the feelings may convert quietly.
“The crowd is still waiting – but the signal is actually flashing.”
Further verification of the validity of this behavior, the latest Santiment analysis It revealed a large direction between the medium -sized bitcoin whales. The encryption analyzes company noted that the governor that carries between 100-1000 BTC showed the strongest historical connection of Bitcoin price movements during the past five years. In the past six weeks alone, this regiment added 337 new wallets, accumulating an additional 122,330 accumulation BTC.
This sharp rise in accumulation indicates an increased confidence between seasoned investors and may indicate an upward hidden formation under the surface of the current market conditions.
Bitcoin’s axial area
Bitcoin can face another long standardization if the fresh purchase pressure does not appear this week, according to the analyst in the series Willie Wu. In a conversation to updateWu noted that although the broader market shows signs of strength, the risk signal turns down, which means that liquidity on the purchase side is dominating, the short -term momentum stumbles.
He warned that the strength of this rise from 75 thousand dollars to 112 thousand dollars began to collapse. The next few days are extremely important: Not to follow up from buyers may disrupt the assembly and trap the market in the side work. Woo raised concerns about Latecomer who are entering long sites while many of unreasonable gains sit, as shown in the SOPR.
If the profits are intensified without adequate immediate demand, the market or procrastination may decline. Wu believes that the results of the immediate market activity of this week are likely to form the direction of Bitcoin for two to two months.
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