Bitcoin Dominance Don Reach 30%, E Mean Say Di Bullish Momentum Dey
Di Bitcoin investor dominan don, we CryptoQuant metrik dey track am, don climb reach about 30%, show say early stage bull momentum dey. Di Bitcoin investor dominan rate na about half of di historical ‘euphoria’ level wey dey 60–70%, mean say e get room to go up more before people begin collect profit. On-chain data show say long-term holders dey distribute small, while three-year BTC supply coefficient of 0.3 mean say veteran wallets dey absorb new demand without big scale sell-off. Bitcoin don spend over two weeks dey consolidate between $115,724 and $122,077 and currently dey trade for $118,371, up 0.6% for 24 hours. If e break strong pass $122,000 e fit spark bullish breakout, but if e fall below $115,700 e fit test support wey near $114,500 and $110,200. Di negative Coinbase Premium gap mean say US demand dey cool down, but macro tailwind like rising global M2 money supply fit support more gains. Traders suppose watch these technical and on-chain levels for signals say Bitcoin demand dey change.
Bullish
Di dominans Bitcoin investas dem rise go reach 30%, e mean say early bullish momentum dey and still space for more upside before dem begin take profit. On-chain metrics like 0.3 three-year supply coefficient show say veteran holders still dey sell moderate but dem dey absorb new demand, e reduce risk of volatility. Technical consolidation dey between $115,724 and $122,077, with BTC dey trade above key moving averages, e support stable late bull phase. If dem fit break through $122,000 e fit trigger strong rally, but if e fall below $115,700 e go test lower supports. Even though negative Coinbase Premium gap dey hint say US demand dey cool down, global M2 money supply increase fit still keep buying pressure strong. All these factors combined show bullish outlook for both short-term breakouts and long-term growth.