Physical Address
304 North Cardinal St.
Dorchester Center, MA 02124
The price of Bitcoin seems stable at first glance. In the last 24 hours, the price has been almost flat, falling only 0.2%. Even on a weekly basis, Bitcoin is moving slightly, rising about 0.7%. The market seems calm, and many traders consider this action as range bound.
But beneath the surface, several signs indicate that Bitcoin (BTC) is not as weak as it seems. Momentum is slowly changing, sellers are losing confidence, and the big holders are quietly continuing their positions. Together, these factors explain why the bullish Bitcoin price predictions made by experts like Tom Lee have not disappeared, even without a breakthrough.
Sponsored
Sponsored
Impulse and volume signals improve silently
In the daily chart, the price of Bitcoin continues to respect the level of $ 90 100. This zone served as a strong base during the recent volatility, preventing deeper declines even when the price failed to return higher.
One of the clearest first signals comes from the balance volume (OBV). OBV tracks whether volume is flowing into or out of an asset, which helps identify hidden buying or selling pressure.
From December 9 to 11, Bitcoin price history The higher low, while the OBV made a higher high. This difference shows that even when prices suffered, buyers were more active below the surface.
Want more icon insights like these? Subscribe to publisher Harsh Notaria’s Crypto newsletter here.
This signal strengthens between December 10 and 12. During this period, the price of Bitcoin recorded a lower low, while the OBV formed a higher low. This tells the same story from another angle. Sellers pushed the price up, but with weaker sales volume supporting it.
These two differences in OBV work together, not against each other. Together, these announcements show that sales pressure is easing, not accelerating. This does not confirm the presence of the flight, but it often appears before it.
Sponsored
Sponsored
Bearers and whales are positioned despite the fixed price
Impulse signals alone are not enough. The data on the chain adds confirmation. The net position of holders changes tracks if long-term holders add or reduce From Bitcoin hubs. Negative values ​​mean sell. Lower negative values ​​mean selling pressure is beginning to ease.
On December 10, long-term holders distributed approximately 155,999 Bitcoin (BTC). As of December 13, this number had dropped to around 150,614 BTC. This represents a decrease of approximately 3.4% in selling pressure.
The change is not dramatic, but it is significant. Bitcoin is not seen Panic selling despite trading within a certain range. Instead, holders sell less as the price stabilizes. This behavior usually appears during deterioration phases, not during collapses.
Sponsored
Sponsored
The strongest signal comes from the whales. The number of entities holding at least 1,000 Bitcoin remains close to a six-month high. This metric often reflects great long-term investors.
Since the end of October, the price of Bitcoin has corrected and moved sideways. During the same period, the entities of the whale continued to appoint. This creates a clear contrast. Prices weakened, but the first harvests continued to accumulate. They usually don’t add without a good reason.
This behavior helps explain why Bitcoin price forecasts from analysts like Tom Lee continue to be bullish.
These forecasts are not based on short-term candles. It is based on the reduction of sales, the improvement of the structure of the volume and the continuous accumulation of whales. However, the price of Bitcoin should confirm this hypothesis.
Sponsored
Sponsored
Bitcoin price levels that determine if the bullies take control
in order to Bitcoin turns these signals into actionPrice to be confirmed.
The most important level is still $94,600. A daily close above this zone constitutes a movement of about 5% from the current levels and breaks above the upper limit of the current pressure structure. This indicates that buyers have regained short-term control.
If $94,600 breaks, the next resistance is near $99,800. A sustained move above this level could open the way towards $107,500, broader market conditions permitting. This could be the first real catalyst for Tom Lee’s aggressive $180,000 forecast, as previously reported.
On the upside, if the price of Bitcoin loses $90,000, the support is close to $89,200. Below that, $87,500 becomes the next key level. A break below these areas will invalidate the bullish setup, at least in the short term.
