Bitcoin – What this ‘new historical low’ means for BTC’s price action

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Why Bitcoin‘s New Low is the Best Thing Since Sliced Bread (or Not) 🍞🚀

  • Binance whale and retail inflows hit historical lows on the charts
  • Strong demand saw the crypto reclaim the $107k resistance

After a thrilling three-day nap at the $102k mark, Bitcoin [BTC] decided it was time to stretch its legs and break free from its cozy consolidation range. This daring move suggests that, despite the world being a chaotic mess (thanks, Middle East crisis), Bitcoin investors are clutching their coins like a toddler with a favorite stuffed animal. HODL on, my friends! 🐻💰

A new low means…

In a world where geopolitical tensions are rising faster than a cat on a hot tin roof, both whales and retail investors are treating BTC like a cozy little haven. They’ve collectively decided that selling is for amateurs and are holding onto their coins like they’re the last slice of pizza at a party. 🍕

According to the ever-so-reliable CryptoQuant analyst Darkfrost (who sounds like a character from a sci-fi novel), Binance whales and retail BTC inflows have plummeted to historical lows. Yes, you heard that right! 📉

When exchange inflows take a nosedive, it usually means investors are anticipating more gains than a cat expects from a laser pointer. Currently, Binance BTC inflows from both groups have dropped to their lowest levels since the dawn of this cycle. Talk about a synchronized swimming routine! 🤿

This decline hints at a strong preference for holding rather than selling. It’s like both whales and retail investors are in perfect harmony, singing a duet of market confidence. 🎤

But wait, there’s more! This whale behavior isn’t just a Binance phenomenon; it’s sweeping across all exchanges like a viral dance challenge. Bitcoin’s Large Holders Netflow to Exchange Netflow Ratio has flattened over the past two days, dropping to zero. This signals massive accumulation, or as I like to call it, “the great coin hoarding of 2025.” 🐋

Whales have been withdrawing coins like they’re preparing for a zombie apocalypse. When both whales and retail sentiment align, it’s a sign of strong market conviction. So, this holding behavior could reflect a robust confidence in BTC’s future. Or maybe they just really like their coins. 🤔

In previous cycles, this pattern emerged when exchange inflows were in sync, coinciding with market tops. It’s like a cosmic alignment of the stars, but for cryptocurrency. 🌌

Any impact on BTC?

Absolutely! The declining exchange inflows have positively impacted Bitcoin’s price movement. On the daily charts, BTC made a triumphant leap to a high of $107,251. 🎉

This price surge after three days of consolidation is a clear sign of rising demand. We can see this demand not only through low Binance inflows but also through high buying pressure. It’s like a stampede of buyers rushing to the sale at a department store! 🏃‍♂️💨

Finally, Bitcoin’s Taker Buy-Sell Ratio has turned positive again, hitting a monthly high. When this metric rises significantly, it means buyers are entering the market and pushing sellers aside like they’re trying to get to the front of the line at a concert. 🎶

Therefore, these low exchange inflows have been largely driven by high buying pressure, with investors aggressively accumulating. If this trend continues, BTC could reclaim $109k. But beware! If the bulls fail to hold and the surge to $107k leads to profit-taking, Bitcoin might just pull back into its cozy consolidation range, trading sideways between $103k and $105k. It’s like watching paint dry, but with more drama! 🎭

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2025-06-17 06:20