Bitcoin at a Crossroads: Conflicting Data Sparks Debate
The post Bitcoin at a Crossroads: Conflicting Data Sparks Debate appeared on BitcoinEthereumNews.com.
Bitcoin cycle lengthens as institutions and ETFs foster steadier long-term growth Spot market conviction fades, but $105K–$107K support underpins Bitcoin resilience Historical retest patterns suggest potential vertical breakout toward $130,000 levels The Bitcoin market is sending a complex mix of signals, leaving traders on edge as a healthy long-term cycle clashes with signs of immediate spot market weakness. While on-chain data suggests the bull market is simply extending, spot buyer conviction is fading. The deciding factor now hinges on a historical chart pattern currently retesting a critical support level. Why Does This Bull Market Feel Slower? According to analysis from CryptoQuant, the current Bitcoin cycle is lengthening. Unlike the rapid surges of the past, this phase has a more gradual slope, driven by the influence of institutional adoption, spot ETFs, and even sovereign-level interest. Besides, whenever capital rotates toward altcoins, Bitcoin’s upward trajectory briefly pauses, a pattern that has repeated in recent months. Crypto Market Cycle Slows, Uptrend Expected in Fall 2025 “Looking at the percentage of Bitcoin held for over a year (based on realized market cap), past cycles (Phase 1 and 2) show that the market surged sharply and reached its peak. However, in the current phase (3), the slope… pic.twitter.com/jTL139wa8c — CryptoQuant.com (@cryptoquant_com) August 29, 2025 What Are the Short-Term Warning Signs? Glassnode reports that Bitcoin’s spot market bias has reset. In April, buyer dominance drove strong rallies, but today the Cumulative Volume Delta across major exchanges has turned neutral. This shift reveals fading conviction among spot buyers near $111,000. Related: Bitcoin Price Stuck at $113K as Traders Brace for End-Of-Month Options Expiry Hence, without fresh inflows, Bitcoin remains vulnerable to short-term weakness. Still, key support between $105,000 and $107,000 provides a strong foundation. Resistance remains firm at $115,000 to $118,000. Sustained accumulation above $110,000 is viewed…
Filed under: News - @ August 29, 2025 4:29 pm