{"id":45484,"date":"2025-02-18T10:08:57","date_gmt":"2025-02-18T10:08:57","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=45484"},"modified":"2025-02-18T10:08:57","modified_gmt":"2025-02-18T10:08:57","slug":"is-bitcoin-topping-out-this-onchain-metric-points-to-worrying-weakness","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=45484","title":{"rendered":"Is Bitcoin Topping Out? This Onchain Metric Points to Worrying Weakness"},"content":{"rendered":"

Bitcoin price may be topping out, looking at on-chain data. There are now more speculators than HODLers. Will BTC price hold above $90,000?<\/p>\n

The Bitcoin <\/span><\/p>\n

<\/span><\/p>\n


\n
\n
\n
\n <\/span>
\n <\/span>
\n <\/span><\/span><\/span><\/span><\/p>\n


\n <\/span>
\n <\/span>
\n
\n <\/span>
\n <\/span><\/p>\n


\n
\n <\/p>\n


\n
\n
\n
\n <\/span>
\n <\/span>
\n <\/span>
\n <\/span>
\n
\n Price<\/span>
\n
\n <\/span>
\n
\n <\/span>
\n <\/span>
\n <\/span>
\n <\/span>
\n
\n
\n Volume in 24h<\/span><\/span><\/span><\/span><\/span><\/p>\n


\n <\/span>
\n <!–
\n ?<\/span>
\n <\/span> –>
\n
\n
\n Price 7d<\/span>
\n <\/span>
\n <\/span><\/p>\n

<\/p>\n


\n <\/p>\n

rally might be coming to an end<\/span>, according to the latest Glassnode data. At press time, the world\u2019s most valuable coin is trading at around $95,500, stable in the past 24 hours, pushing the global crypto market cap to $3.2 trillion, down 3.3% in 24 hours.<\/span><\/p>\n

While there is hope that bulls will ward off determined sellers and successfully defend <\/span>support<\/span> at around the $94,000 to $95,000 zone, the series of lower lows in the past two weeks remains a concern. From the BTCUSDT chart, the coin is down 13% from all-time highs <\/span>and consolidates<\/span>, moving sideways as the uptrend loses momentum.<\/span><\/p>\n

\n
\n
\n
<\/div>\n
–<\/div>\n
Price<\/div>\n
Market Cap<\/div>\n
–<\/div>\n
–<\/div>\n
–<\/div>\n<\/div>\n
\n
\n