Bitcoin Consolidates Below $94K Amid Weak Demand, Eyeing 2026 Rebound Potential
The post Bitcoin Consolidates Below $94K Amid Weak Demand, Eyeing 2026 Rebound Potential appeared on BitcoinEthereumNews.com.
Bitcoin is experiencing a consolidation phase below the $94k resistance level, driven by insufficient demand despite accumulator addresses steadily adding to their holdings. On-chain metrics like apparent demand and realized profit/loss highlight bearish pressures, signaling challenges for a near-term breakout. Accumulator addresses have increased BTC holdings during this consolidation, indicating long-term confidence. On-chain data shows apparent demand remaining negative since late November, outweighing new supply from miners and holders. Realized profit/loss for 1-3 month holders has dropped to levels not seen since July 2022, reflecting deep investor losses and bearish sentiment. Explore Bitcoin’s ongoing consolidation phase below $94k, where weak demand stalls recovery. Uncover key on-chain insights and what it means for BTC’s future. Dive into expert analysis now for informed crypto strategies. What is Causing Bitcoin’s Current Consolidation Phase? Bitcoin’s consolidation phase has dominated price charts for much of the past month, with BTC trading in a narrow range between $89k and $94k. This period of stagnation reflects a balance between emerging support signals and persistent selling pressure, as evidenced by recent on-chain analyses. Accumulator addresses—wallets that consistently add to their positions—have been actively accumulating BTC, yet this has not translated into upward momentum, keeping prices pinned below the key $94k resistance. The 4-hour chart illustrates this sideways movement clearly, with multiple failed attempts to breach the short-term support zone. Source: BTC/USDT on TradingView. Longer-term indicators offer a more optimistic view. Liquidity signals, including global M2 money supply reaching all-time highs, suggest potential for a broader crypto market rebound in 2026. However, short-term hurdles persist, as BTC has repeatedly fallen back toward $89k-$90k after testing higher levels. This dynamic underscores the tension between accumulation and immediate market pressures. Why Has Bitcoin’s Apparent Demand Remained Low? Bitcoin’s apparent demand metric, which measures new inflows against supply from miners and long-term…
Filed under: News - @ December 14, 2025 9:12 pm