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Bitcoin Price is Primed Breakout Amid Bullish Macroeconomic Outlook

Monicah W

Bitcoin Price is Primed Breakout Amid Bullish Macroeconomic Outlook

Bitcoin (BTC) price has been hovering in the $80K to $85K region for some time, with no signs of a recovery. However, many investors are optimistic about a BTC and crypto recovery due to the improving macroeconomic conditions, especially the recent uptick in the Global Liquidity Index.

Bullish Macroeconomic Outlook Hints at Bitcoin Price Breakout

Alpha Extract’s recent data on Global Liquidity Heatmap shows a major ‘shift’ favoring bullish momentum or risk-on conditions, i.e, an uptrend for Bitcoin price. The data analytics platform adds,

“Historically, such clear liquidity conditions have often provided Bitcoin with a favorable market environment for substantial upward moves.”

Bitcoin Price is Primed Breakout Amid Bullish Macroeconomic Outlook
Global Liquidity Index Heatmap Predicts Bitcoin Price Breakout

Simply put, the uptick in the Global Liquidity Index indicates that more capital is available for investing and will increase the risk-on behaviour. In other words, Alpha Extract notes that “higher liquidity levels have frequently preceded strong bullish trends.” If this outlook persists, the crypto market, including Bitcoin price could be due for a “breakout.”

With the bias relatively positive, let’s take a look at the liquidation heatmaps to determine where BTC price could head next.

Price Prediction Based on Global Liquidity Index & Liquidity Heatmap

Based on CoinGlass data, roughly $2B in short positions will be forced to close if Bitcoin price hits $90K. Conversely, $1.77B in long positions will be liquidated if BTC hits $78,140.

Other key Bitcoin price levels for short sellers include $84,872, $86,126, $87,050, and $88,880 to $89,500.

Bitcoin Price is Primed Breakout Amid Bullish Macroeconomic Outlook
BTC/USDT Liquidation Map & Key Bitcoin Price Levels

Coupled with the Global Liquidity Index’s bullish Bitcoin price prediction, the next key levels that crypto investors can expect is $90K. However, there might be a brief liquidity sweep below $80K before BTC can move higher.

Supporting this optimistic outlook is the decline in selling pressure on top exchanges. This outlook notes that sellers are exhausting, which could pave way for buyers to take control.

Selling Pressure Decline Adds Tailwind for BTC Price

According to on-chain analyst Axle Adler Jr., the selling pressure on exchanges has dropped from 81K to 29K BTC per day. He calls this phase the “zone of asymmetric demand,” but he is not quick to suggest that this could immediately push Bitcoin higher.

The crypto analyst adds that while Bitcoin has absorbed the profit-taking since $100K, April and May could see the top crypto by market cap consolidate. This preparation could catalyze an impulse move for the Bitcoin price later.

Bitcoin Price is Primed Breakout Amid Bullish Macroeconomic Outlook
Exchange BTC Selling Pressure Decline

All outlooks, macroeconomic and otherwise, hint at a potential reversal for Bitcoin price. However, bottoms often take time to form and trap many on the offside before an impulsive move to the upside. The increasing global liquidity index, reducing exchange selling pressure suggest that a bullish reversal to $90K is highly likely in the near future.

The post Bitcoin Price is Primed Breakout Amid Bullish Macroeconomic Outlook appeared first on CoinGape.

Here’s Why XRP Price Will Crash Despite RLUSD’s Volume to TVL’s 37% Ratio

Monicah W

XRP Price

The XRP price slumped in the first quarter even after some notable Ripple news, including the end of the SEC case and its ecosystem growth. Ripple was trading at $2.2 on April 1, down by 35% from its highest level in 2025. There is a risk that the XRP coin will crash soon, even as the Ripple USD (RLUSD) volume to total value locked (TVL) jumped.

Ripple USD (RLUSD) Volume to TVL Has Jumped

One of Ripple’s strategies to grow its ecosystem has been the launch of RLUSD, a regulated stablecoin. Ripple hopes that its regulation and transparency will help to dethrone Tether and USD Coin. 

Recent data shows that RLUSD stablecoin is still a small player in the stablecoin industry. It has a market cap of over $243 million, a tiny amount in an industry valued at over $237 billion. 

However, a closely watched metric shows that RLUSD is in a good place. It has a volume-to-total value locked (TVL) of 37%. This figure is much higher than that of other stablecoins. For example, USDC has a ratio of 14.26%, while Tether is slightly behind at 34.5%.

RLUSD Stats
RLUSD Stats

A higher ratio means that RLUSD holders use it to handle daily transactions. It also means that a higher liquidity is provided to facilitate trading. A stablecoin with a low ratio means that it is not being used. 

RLUSD has become the biggest player in the XRP Ledger network, with the other notable players being Sologenic, Crypto Trading Fund, Coreum, and XRP Army. 

XRP price has also lagged despite other bullish catalysts. The SEC has ended its Ripple case, while many companies have applied for a spot XRP ETF. Further, Ripple is working to become the best alternative to SWIFT, a network that handles billions of dollars each day.

XRP Technical Analysis Points to a Potential Crash

While Ripple has some solid fundamentals, there is a risk that it will have a strong downtrend in the coming weeks. There is a risk that the XRP price is about to form a death cross pattern as the spread between the 50-day and 200-day Weighted Moving Averages (WMA) narrows. A death cross is a highly risky pattern in technical analysis.

The other risk is that the Ripple price has formed a head and shoulders pattern, whose neckline is at around $2. This price coincides with the 50% Fibonacci Retracement, which is drawn by connecting the lowest point in 2024 and highest level this year. 

XRP Price Chart
XRP Price Chart

XRP Price Targets

Therefore, a drop below this neckline will be a victory for bears, who will trigger panic selling. More downside will push the token downwards, potentially to the $1.5, the 61.8% Fibonacci Retracement level. 

The bearish Ripple price forecast will be canceled if the coin surges above right shoulder point at $3. Such a move will likely trigger a jump to the YTD high of $3.4, followed by the psychological point at $5.

The post Here’s Why XRP Price Will Crash Despite RLUSD’s Volume to TVL’s 37% Ratio appeared first on CoinGape.

US Government To Unveil Crypto Holdings: Will XRP, SOL, ADA Make the List?

Monicah W

US Government To Unveil Crypto Holdings: Will XRP, SOL, ADA Make the List?

The US government’s strategic crypto reserve has been a hot topic of discussion, sparking expert opinions and debates. While President Donald Trump has already signed an executive order for a Bitcoin reserve, the fate of XRP, SOL, and ADA hangs in balance. However, the Trump administration’s upcoming disclosure of its crypto holdings is expected to bring clarity to the inclusion of altcoins in the US reserve.

Notably, the US Department of the Treasury and other government agencies are expected to expose their Bitcoin and other crypto holdings this week. Let’s unveil this crucial move’s potential implications on the US crypto and financial landscapes.

US Government To Disclose BTC and Crypto Holdings

In a recent X post, Bitcoin Magazine CEO David Bailey unveiled a crucial event on April 5, 2025, which is poised to revolutionize the US financial economy. According to Bailey’s post, the US government is set to complete a comprehensive audit of the country’s Bitcoin holdings this Saturday. Bailey said, “Depending on what we learn, might answer many of the open questions about the recent price action.”

The upcoming audit will provide a detailed inventory of the government’s Bitcoin portfolio, held across federal agencies. It will also provide insights into the collection of other cryptocurrencies like XRP, SOL, and ADA. Thus, this audit could also provide clarity into the possibility of including these altcoins in the US crypto reserve.

How Will the Audit Impact the US Crypto Reserve?

For context, President Donald Trump proposed a strategic crypto reserve to include XRP, ADA, and SOL in the US reserve. This development came amid growing speculations of the adoption of Bitcoin as a reserve asset.

Significantly, Trump’s move invoked criticism, with Bitcoin maximalists questioning the legitimacy of other cryptocurrencies to be a national reserve.

Though Trump signed an executive order for establishing a BTC reserve, there is still uncertainty surrounding the altcoin reserve. However, the US government’s decision to reveal its crypto holdings could bring transparency and clarity to the nation’s digital assets. The audit may also shed light on the potential developments within the government and its decision on altcoin reserves.

US Government’s BTC Holdings: A Closer Look

According to Arkham Intelligence data, the US government currently boasts a total of 198,012 BTC worth around $16 billion. As per crypto czar David Sacks’ statement, the US government has seized approximately 400,000 Bitcoin through civil and criminal asset forfeitures over the past decade.

Though the US government’s Bitcoin holdings are well-documented, its altcoin portfolio is still shrouded in uncertainty. Nonetheless, experts believe that the audit has the potential to clarify the government’s altcoin holdings and reserve management strategies.

The post US Government To Unveil Crypto Holdings: Will XRP, SOL, ADA Make the List? appeared first on CoinGape.

Ethereum Price Prediction: Will ETH Surge Above $3,000 by May 2025?

Monicah W

The post Ethereum Price Prediction: Will ETH Surge Above $3,000 by May 2025? appeared first on Coinpedia Fintech News

The biggest altcoin in the crypto market, Ethereum (ETH), has historically performed well in April and May, gaining around 20% to 30% in a month. This year, ETH is already showing positive signs, rising by 3% on the first day of April. Meanwhile, prominent crypto analysts say if this trend continues, Ethereum could surge above $3,000 by May.

Worst Q1 For ETH Since Existence

Despite Ethereum’s promising outlook for the coming months, the first quarter of 2025 has been one of its most challenging yet. ETH ended Q1 in the red, making it the worst-performing first quarter in its history. 

January saw a modest decline of 1.28%, but February was especially rough, with a staggering drop of 31.95%. March didn’t offer much relief either, as Ethereum lost another 18.69% in value, marking the first time all three months in Q1 ended in losses for ETH.

However, historical trends suggest that Ethereum tends to recover strongly after difficult quarters. With April now underway, many traders are hopeful that ETH will stick to its seasonal trend of double-digit percentage gains.

Bullish Month For ETH: April & May

Looking at Ethereum’s price performance over the years, April has consistently delivered an average return of 20%, making it the second-best month for ETH. Meanwhile, May stands out even more, with an average return of over 30%. 

Meanwhile, these trends suggest that Ethereum could be heading for a strong rally in the coming weeks.

Crypto analyst Ash Crypto has pointed out that ETH’s historical patterns indicate the potential for a breakout. If past trends hold, Ethereum could cross the $3,000 mark by May, offering a significant opportunity for investors to buy the current dip.

Ethereum Price Movement 

As of now, Ethereum is trading at $1,874, showing a 3.5% increase in the past day. While the price is still far from its recent high of $2,104, ETH appears to be gaining momentum. The altcoin’s market cap is around $225 billion, with a 24-hour trading volume of $15.23 billion, indicating strong interest from traders and investors.

With Ethereum entering a historically bullish period, the coming weeks could be crucial in determining whether it will reclaim the $3,000 mark.

Never Miss a Beat in the Crypto World!

Stay ahead with breaking news, expert analysis, and real-time updates on the latest trends in Bitcoin, altcoins, DeFi, NFTs, and more.

The post Ethereum Price Prediction: Will ETH Surge Above $3,000 by May 2025? appeared first on Coinpedia Fintech News
The biggest altcoin in the crypto market, Ethereum (ETH), has historically performed well in April and May, gaining around 20% to 30% in a month. This year, ETH is already showing positive signs, rising by 3% on the first day of April. Meanwhile, prominent crypto analysts say if this trend continues, Ethereum could surge above …

Grayscale Files for Crypto ETF – Will the SEC Approve?

Monicah W

The post Grayscale Files for Crypto ETF – Will the SEC Approve? appeared first on Coinpedia Fintech News

Grayscale has officially filed an S-3 form with the U.S. SEC to register its Digital Large Cap Fund as an exchange-traded fund (ETF). This fund holds major cryptocurrencies, including Bitcoin, Ethereum, XRP, Solana, and Cardano. If approved, the ETF could open the door for greater institutional investment in crypto, making regulated exposure easier for big players. While regulatory approval is still pending, this move marks another step toward mainstream crypto adoption in traditional finance.

The post Grayscale Files for Crypto ETF – Will the SEC Approve? appeared first on Coinpedia Fintech News
Grayscale has officially filed an S-3 form with the U.S. SEC to register its Digital Large Cap Fund as an exchange-traded fund (ETF). This fund holds major cryptocurrencies, including Bitcoin, Ethereum, XRP, Solana, and Cardano. If approved, the ETF could open the door for greater institutional investment in crypto, making regulated exposure easier for big …

Bitcoin Price Forecast: Can a Global Liquidity Recovery Trigger a Bitcoin Rally?

Monicah W

The post Bitcoin Price Forecast: Can a Global Liquidity Recovery Trigger a Bitcoin Rally? appeared first on Coinpedia Fintech News

Currently, the Bitcoin market stands at least 22.94% below the all-time peak, and is around 1.84% below the closing price of March 1. This month, the US share market has also experienced a decline of 6%. Experts blame the sharp drop in the global liquidity for the downtrend in the markets. However, reports suggest that the global liquidity has touched its bottom. Could Bitcoin see a reversal? Here is what you should know! 

Why Experts Believe Bitcoin May Reverse Soon 

Reports suggest that the global liquidity has bottomed. This indicates that the liquidity is likely to start increasing soon. 

According to experts, there is a 80% correction between Bitcoin and global liquidity. A correlation of 80% is very high. This means that there is an 80% probability that the price of Bitcoin will go up if the global liquidity improves. 

Key Indicators to Watch for a Bitcoin Price Rally 

Here are the basic indicators that one should watch:

Resistance Level 

Currently, the Bitcoin price stands at $84,185.01. Analysts points to resistance around $87K, $90K, $92,500, $94K, $95K and even $100K. When BTC breaks through these levels with strong trading volume, it suggests that buyers are overcoming selling pressure. 

Bitcoin Exchanges’ Net Flow 

When investors move their Bitcoin away from exchanges, it often suggests they are confident about the long term potential of the asset. Therefore, it is important to monitor the flow of Bitcoin onto and off cryptocurrency exchanges. 

Source : Coinglass

According to Coinglass, the total exchange balance of BTC sits at 2,197,123.37. Its 24-hour change is +16629.17 and its 7-day change is -7184.75. Yesterday, the Bitcoin Wallet net flow was +3.81K BTC. 

Technical Indicators 

A golden cross, where a shorter-term moving average crosses above a longer-term one is often seen as a bullish signal. The SMA-50 of BTC remains at $88,254.66, and the SMA-200 of the asset stands at $86,180.45. 

Source : Tradingview

BTC’s RSI remains at 46.57. If the RSI moves consistently above the neutral 50 level and heads towards overbought territory (above 70), it can indicate increasing buying momentum. 

In conclusion, with global liquidity showing signs of recovery, Bitcoin could be poised for an upward move. 

Never Miss a Beat in the Crypto World!

Stay ahead with breaking news, expert analysis, and real-time updates on the latest trends in Bitcoin, altcoins, DeFi, NFTs, and more.

The post Bitcoin Price Forecast: Can a Global Liquidity Recovery Trigger a Bitcoin Rally? appeared first on Coinpedia Fintech News
Currently, the Bitcoin market stands at least 22.94% below the all-time peak, and is around 1.84% below the closing price of March 1. This month, the US share market has also experienced a decline of 6%. Experts blame the sharp drop in the global liquidity for the downtrend in the markets. However, reports suggest that …

News

XRP Whales Sell $2.3 Billion Supply; Price Nearly Fell Below $2

Monicah W

XRP has been on a consistent downtrend in recent days, with its price falling sharply and approaching the $2 mark. This has resulted in extended losses for the cryptocurrency, with a notable rise in selling pressure.

Despite the bearish momentum, key investors are trying to offset the negative impact.

XRP Whales Are Uncertain

Whale activity has been a major factor contributing to the recent decline in XRP’s price. Addresses holding between 100 million and 1 billion XRP have sold over 1.12 billion XRP, worth $2.34 billion, in the past seven days. This has brought their total holdings down to 8.98 billion XRP. 

The selling activity from these whale addresses reflects a cautious outlook for XRP. While whale selling often indicates uncertainty in the market, it’s important to note that their behavior can also have significant short-term price movements. The recent heavy selling could signal that market participants are unsure about the short-term price action, and further bearish trends could follow if this continues.

XRP Whale Holdings
XRP Whale Holdings. Source: Santiment

On the broader market level, XRP’s macro momentum shows signs of divergence from the whale selling. The Liveliness metric, which tracks the behavior of long-term holders (LTHs), is currently declining.

A falling Liveliness typically signals that LTHs are accumulating more of the asset at lower prices rather than selling. This drop to a three-month low suggests that long-term holders are sticking to their conviction and accumulating XRP, even as whale selling intensifies.

The steady accumulation of LTHs might help cushion the bearish effects created by the whales. This behavior can counteract the selling pressure, potentially offering stability to XRP’s price and supporting a recovery if market conditions improve.

XRP Liveliness
XRP Liveliness. Source Glassnode

XRP Price Needs To Find Direction

XRP’s price has fallen by 14.5% this week, bringing it to $2.09, which is dangerously close to losing the critical $2.02 support level. The ongoing bearish momentum has created mixed signals in the market, which are likely to keep the price stuck in a narrow range for the time being.

If XRP can bounce back from the $2.02 support, it could recover some of the recent losses. However, the altcoin may remain consolidated below the $2.27 resistance level unless more positive news or market conditions arise to push it higher.

XRP Price Analysis
XRP Price Analysis. Source: TradingView

If XRP breaks through the $2.27 barrier or falls below $2.02, it could invalidate the current consolidation outlook. A successful breach of $2.27 could pave the way for a price recovery, with $2.56 being the next significant target.

The post XRP Whales Sell $2.3 Billion Supply; Price Nearly Fell Below $2 appeared first on BeInCrypto.

News

Crypto Scams on the Rise: Gemini and Coinbase Customers Warned

Monicah W

Crypto scams are surging as more people flock to digital currencies, with fraudsters exploiting the industry’s rapid growth to deceive investors.

Recently, numerous crypto users reported receiving fraudulent emails claiming that the Gemini exchange had filed for bankruptcy. Meanwhile, Coinbase Exchange has admitted that an employee illegally accessed user account information.

Gemini Exchange Addresses Bankruptcy Allegations

Multiple accounts highlighted the scam on social media, indicating that an email circulating falsely claims that Gemini has filed for bankruptcy. The email instructed users to withdraw to an Exodus wallet and provided a seed phrase.

These phishing emails, shared on April 1, urged recipients to withdraw their funds into a specified crypto wallet to protect their assets. This was an attempt to deceive users into transferring their cryptocurrencies to wallets controlled by scammers.

“Do not follow these directions. Please retweet to protect those that may have been doxxed and sent this email,” wrote Jason Williams, a contributor to Fox Business.

Phishing email targeting Gemini users
Phishing email targeting Gemini users. Source: Jason Williams on X

The deceptive emails alleged a substantial loss of $1.2 billion by Gemini Exchange. Understandably, some novice investors would heed this email and even move their assets to the address. After all, some victims of FTX Exchange contagion continue to pursue their funds even years after the incident.

“I got one also. It is better than your typical ‘Coin Base’ one, but still not quite there. Might fool a boomer though,” one X user remarked.

However, security experts advise users to always verify information through official channels, avoid clicking on unsolicited links, and refrain from sharing personal data. Gemini issued an official warning in response to the scam, acknowledging the threat against its users.

“We recently learned that some Gemini customers are being targeted with scam emails requesting users to transfer their crypto to outside wallets. Please be aware that Gemini will never request that you send crypto to outside wallets,” the exchange articulated.

Coinbase Admits Employee Illegally Accessed User Account Data

Coinbase exchange acknowledged a privacy violation by one of its staff in a somewhat related development. Specifically, a customer service employee accessed user account information without authorization.

This breach has raised concerns about potential scams targeting Coinbase users. Mike Dudas, a crypto investor and co-founder at The Block, shared an email from Coinbase acknowledging the incident.

“That explains the fake Coinbase phishing emails and phone calls today,” he stated.

Coinbase note to customers
Coinbase note to customers. Source: Mike Dudas on X

This breach coincides with reports of phishing attempts, as users have received fake emails and calls purporting to be from Coinbase. These incidents reflect a broader wave of crypto-related fraud.

Blockchain investigator ZachXBT reported that Coinbase users lost over $65 million to social engineering scams between December 2024 and January 2025.

“Coinbase did not detect it; I sent them the intel,” the blockchain investigated noted.

Additionally, crypto analyst Cobie suggested Kraken might be experiencing a similar issue. Per his post, a new attack may be budding, where attackers infiltrate customer service roles to exfiltrate data.

“Kraken also recently hit with this too. Maybe a new scheme from attackers (get a CS agent employee in, exfil data),” the analyst remarked.

Amidst these events, ZachXBT recently explained how to avoid crypto scams. He emphasizes the importance of conducting thorough research before engaging with new DeFi protocols, especially those forked from existing projects on newly launched EVM chains.

Additionally, he advises caution when dealing with projects with few credible followers, as these may indicate potential scams.

Therefore, it is imperative that users remain vigilant against sophisticated phishing scams and unauthorized data breaches.

The post Crypto Scams on the Rise: Gemini and Coinbase Customers Warned appeared first on BeInCrypto.

News

Cardano (ADA) Price Recovery Blocked by Weak Inflows and Skepticism

Monicah W

Cardano has faced a series of setbacks recently, with its price failing to break through key resistance levels and subsequently experiencing a decline. 

These struggles have left traders and investors feeling uncertain and bearish. The combination of weak inflows and skepticism among traders has stalled Cardano’s recovery.

Cardano Needs To Find Strength

For the past week, Cardano’s funding rate has fluctuated between positive and negative values, reflecting the unstable sentiment in the market. This fluctuation indicates that traders are attempting to capitalize on the price decline by placing short contracts. At the time of writing, short contracts dominate long positions, signaling that traders remain cautious and expect further declines.

This bearish sentiment is reinforced by the fact that short positions are outpacing long positions. As a result, the market is under heavy downward pressure, and there is little indication that a strong recovery is imminent unless there is a significant shift in trader behavior.

Cardano Funding Rate
Cardano Funding Rate. Source: Coinglass

Cardano’s macro momentum is also impacted by a lack of investor support, as shown by the Chaikin Money Flow (CMF) indicator. The CMF has been stuck below the zero line for the past three weeks, indicating that money is flowing out of Cardano, not into it. This suggests that investor confidence is low, which is a major barrier to price growth.

Although the CMF recently showed a slight uptick, the broader trend of negative netflows remains intact. The lack of sustained inflows signals that investor sentiment has weakened, making it challenging for Cardano to break free from its current bearish trend.

Cardano CMF
Cardano CMF. Source: TradingView

ADA Price Is Attempting to Recover Losses

Cardano’s price currently sits at $0.68, just under the crucial resistance level of $0.70. The altcoin appears to be on track for consolidation between $0.77 and $0.70. However, this consolidation could signal a lack of upward momentum and indicate a prolonged period of stability.

If ADA’s bearish sentiment persists, Cardano’s price could struggle to break the $0.70 barrier and instead slide further toward $0.62. This would mark a further decline and signal that the current price action is unlikely to result in a recovery without substantial shifts in market conditions or investor sentiment.

Cardano Price Analysis.
Cardano Price Analysis. Source: TradingView

On the other hand, if investors begin to see the current price as an opportunity, Cardano could breach $0.70 and potentially rise beyond $0.77, towards $0.85. This would invalidate the bearish outlook, opening the door for a more significant price rally. However, without a notable increase in support, Cardano’s price is likely to remain under pressure.

The post Cardano (ADA) Price Recovery Blocked by Weak Inflows and Skepticism appeared first on BeInCrypto.

News

Bitcoin Logs Worst Q1 in 7 Years: Market Metrics Point to Brewing Bullish Momentum

Monicah W

Bitcoin (BTC) has faced a challenging start to 2025, recording its worst quarterly returns in seven years during Q1. 

This significant downturn has left investors questioning whether now is the time to buy or sell. 

Bitcoin’s Q1 Performance: A Seven-Year Low

Bitcoin’s performance in Q1 2025 has been its weakest since 2018, a year marked by a brutal bear market that saw BTC lose over 50% of its value. Data from Coinglass shows that Bitcoin’s performance in Q1 2025 has decreased by 11.82%. In Q1 2024, Bitcoin recorded an increase of more than 68%.

Bitcoin Price Performance.
Bitcoin Price Performance. Source: Coinglass

According to a March 31, 2025, Bitcoin’s price has declined from $106,000 in December 2024 to around $80,200 by late March 2025. 

This drop reflects a combination of macroeconomic pressures and policy uncertainties, particularly following US President Donald Trump’s new tariff policies. 

Amid this bearish backdrop, on-chain data reveals a contrasting trend: Bitcoin whales are accumulating. A post from Santiment on X, dated March 31, 2025, reported that the number of whale addresses holding 1,000 to 10,000 BTC has reached 1,993.

This is the highest since December 2024. This represents a 2.6% increase over the past five weeks, signaling growing confidence among large holders. 

Bitcoin whale wallets (specifically 1K-10K $BTC holders) continue growing in number. Source: Santiment
Bitcoin whale wallets continue growing in number. Source: Santiment

Glassnode reported on March 31, 2025, that trading activity among Bitcoin holders with a 3-6 month horizon has dropped to its lowest level since June 2021. This decline indicates that short-term holders either hold steady or exit the market, reducing selling pressure. 

“Spending from BTC holders is at the lowest levels since mid-2021. This inactivity reinforces the idea that recent top buyers are holding their positions rather than exiting, despite recent volatility.” reported Glassnode.

Additionally, on the same day, Bitcoin’s supply on exchanges fell to 7.53%, the lowest since February 2018. Low exchange supply often correlates with long-term holding behavior, creating scarcity that can drive prices higher over time. Together, these metrics suggest that Bitcoin may be entering a phase of accumulation and consolidation.

Bitcoin’s supply on exchanges
Bitcoin’s supply on exchanges. Source: Santiment

Market analyst Axel Adler Jr. stated on X on April 1, 2025, that Bitcoin’s selling pressure has been exhausted. Adler predicts a consolidation range forming in April and May, suggesting that the market may stabilize before its next significant move.

Fidelity Research believes Bitcoin is gaining momentum for the next stage of its “acceleration phase.” Fidelity’s analysis draws on historical cycles, noting that periods of consolidation often precede major price increases. It is driven by institutional adoption and Bitcoin’s role as an inflation hedge. 

This aligns with the whale accumulation trend and the decreasing exchange supply, pointing to potential upward momentum in the medium to long term.

The post Bitcoin Logs Worst Q1 in 7 Years: Market Metrics Point to Brewing Bullish Momentum appeared first on BeInCrypto.