Bitcoin Enters ’Max Value’ Zone as Global Political Figures Voice Strong Support
Bitcoin has entered what on-chain analysts call a "max value" zone following notable political endorsements and on-chain buy signals. Former Japanese prime minister described Bitcoin as a once-in-a-century opportunity, and former U.S. President Donald Trump publicly pledged never to sell BTC and criticized past government sales. On-chain metrics show structural undervaluation: anchored volume-weighted average price (VWAP) tied to the halving was reclaimed, a historically accumulation-biased level. However, short-term stress remains — roughly seven million BTC are currently unrealized losses (two million more than the 2025 low) and new whale addresses are underwater, indicating capitulation among large holders. U.S. demand appears to be returning: the Coinbase Bitcoin Premium Index flipped positive after a prolonged negative period, suggesting stronger U.S. institutional/trader purchase pressure. Traders should note the mix of political endorsements (potential sentiment boost), technical support at the halving-anchored VWAP (buy-the-dip zone), and signs of capitulation among whales (possible short-term volatility). Key keywords: Bitcoin, BTC, on-chain metrics, VWAP, halving, Coinbase premium, political support.
Bullish
The article outlines a combination of bullish and cautionary factors but overall leans bullish. Bullish drivers: high-profile political endorsements (positive sentiment), reclamation of the halving-anchored VWAP (a historically significant accumulation level), and a positive flip in the Coinbase Bitcoin Premium Index indicating renewed U.S. buying pressure — all can support price appreciation and renewed investor confidence. Bearish/neutral drivers: a large number of BTC in unrealized loss and new whale addresses underwater signal recent capitulation, increasing short-term volatility and the possibility of further downside before a sustained rally. Historical parallels: previous cycles show that political legitimization and on-chain accumulation at halving-related supports often precede multi-month bull runs, but these runs regularly begin after a period of consolidation and reduced supply from capitulated holders (e.g., post-2018–2019 accumulation and post-2022 dynamics). For traders: expect short-term volatility and potential capitulation-driven sell pressure, but consider dollar-cost averaging or selective long entries near the halving-anchored VWAP if macro sentiment and on-chain demand persist. Monitor Coinbase premium, whale balance changes, realized losses, and political/newsflow for shifts in momentum.