Bitcoin investor demand points to rally to $118K
The main dishes to remember:
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A 20 -day premium bitcoin bitcoin sequence points out a strong institutional investor and retail investors.
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The drop in BTC entrances to short and long -term holders reduces the risk of decline.
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A model of bullish divergence and triangle triangle target $ 118,000 in June.
The price of Bitcoin (BTC) seems ready for another escape in June due to the high demand from American investors and the drop in the sales pressure of short and long -term holders.
The Premium Coinbase (ICC) index, which measures the price difference between BTC on Coinbase and other exchanges like Binance, has maintained a positive sequence in the last 20 days – the longest in 2025. This sustained premium indicated a constant purchase activity of institutional and detail investors in the United States, reporting a strong confidence in the market.
According to Crypto Burak Kesmeci analyst, Coinbase saw a net outing of 8,742 BTC on May 26, the third largest outing in last month. Implying the demand of institutional investors, Kesmeci declared,
“The large -scale outings of Coinbase are often followed by overvoltages of ETF entrances or companies of companies such as the strategy declaring new BTC purchases.”
Likewise, Bitcoin’s researcher, Axel Adler Jr., said that BTC’s demand remains robust enough to maintain the current bull race without significant disturbance.
Adler Jr. explained that the short -term Bitcoin holder SOPR (Mobile average at 30 days), a metric that was gaining profit among investors holding BTC for less than 155 days, recently reached a local summit, reporting an increase in profits made.
The analyst, however, stressed that the indicator remains relatively moderate compared to the levels observed during previous price peaks, suggesting that the current rally lacks signs of excessive euphoria.
Cryptoque data have confirmed these market trends, showing reduced long -term holders (LTH) and short -term holders (STH) on Binance.
During the slowdowns in August 2024 and the pricing panic in April, each cohort sent more than 12,000 and 14,000 BTC to Binance, respectively.
Current entries are limited to only 8,000 BTC, reflecting the levels observed during softer corrections, highlighting the lack of intense sales pressure.
Related: Bitcoin can reach $ 200,000 in 2025 after a “obvious” price break signal
The optimistic motif of the Bitcoin graph targets $ 118,000
On the technical level, Bitcoin is negotiated in a descending triangle model, with an escape potentially targeting $ 118,000. On the graph in 1 hour of the lower time (LTF), the model shows a downstream compression price action, with a long -term price support in the zone of $ 106,000 to $ 104,000, a established daily control block (red box) acting as an area of high interest for potential buyers.
A key signal strengthening the bullish case is the optimistic divergence visible between the price and the relative force index, or RSI. While BTC has reduced the stockings on the price, the RSI tends to be higher, indicating a weakening of the bearish momentum and a possible upcoming upward reversal.
The graph also suggests a potential short -term difference below the model trend line at $ 107,000, leading to a common liquidity scan. If the price plunges into the range of $ 106,000 to $ 104,000 and rebounds strongly, it could validate the bullish divergence and trigger an escape towards the planned lens of $ 118,000.
Related: 5 panels that suggest that the price of bitcoin has a “place for a new expansion”
This article does not contain investment advice or recommendations. Each investment and negotiation movement involves risks and readers should conduct their own research when they make a decision.