Close Menu
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Regulation
    • Market Cap
    • Web 3
    • Scam
  • Blockchain
  • NFT
  • Metaverse
  • Analysis
  • Learn
  • Blog
  • Contact
    • Tech7685@gmail.com
What's Hot

VELO works together with Paxos to redefine the infrastructure of the Stablecoin payments

2025-05-22

XRP Ledger (XRPL) adds 3 new stablecoins to its ecosystem

2025-05-22

Bitcoin Golden Cross in Play – Analyst reveals the best way to act

2025-05-22
Facebook X (Twitter) Instagram
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • BitcoinPlatform.com
Facebook X (Twitter) Instagram
Free Cryptocurrency – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Regulation
    • Market Cap
    • Web 3
    • Scam
  • Blockchain

    VELO works together with Paxos to redefine the infrastructure of the Stablecoin payments

    2025-05-22

    Not ECDSA. Not schnorr. Meet Dahlias.

    2025-05-22

    Alchemy Pay and Story Partner to simplify Fiat OnRamps for IP blockchain users

    2025-05-22

    Sophon reveals ZKTLS-based social oracle to integrate private web2 data

    2025-05-22

    Solana to get a big design prevention

    2025-05-22
  • NFT

    Hashrate Hackers introduces Ordinals NFT collections supported by Bitcoin Hashrate

    2025-05-22

    FIFA starts Avalanche L1 to Power Soccer NFT Collectibles Platform

    2025-05-22

    Guild of Guardians leads with a huge volume of $ 796.62k

    2025-05-20

    Solana Meme Coin Ponke Set to release assembly objects, clothing via Jcorp Spinout

    2025-05-19

    The most popular collections of the moment on blockchain

    2025-05-18
  • Metaverse

    Shib: The Metaverse – Part of the expanding Shiba Inu ecosystem

    2025-01-03

    Experience to Earn: Everdome’s Metaverse Frontier

    2024-12-30

    Beyond Bots: Meta Motivo and the Dawn of Human Digital Life

    2024-12-13

    Exploring NetVRk: What’s Behind This AI-Powered Virtual Universe?

    2024-10-28

    Council of Europe emphasizes the impact of Metaverse on privacy and democracy

    2024-09-05
  • Analysis

    Solana Memecoin on average daily volume rises 46% in May, which, following Bitcoin’s recovery, following Bitcoin

    2025-05-22

    Bitcoin on a confirmed breakout after reaching new all time high, says analyst Kevin Svenson-Hier is his prospects

    2025-05-22

    XRP price consolidates before the launch – is an outbreak on the horizon?

    2025-05-22

    Strategy tries to pick up $ 2.1 billion from the supply of STRF shares to strengthen its bitcoin holdings

    2025-05-22

    Solana (SOL) strives higher with strong copper support, next stop $ 200?

    2025-05-22
  • Learn

    What Is a DEX (Decentralized Exchange)?

    2025-05-21

    Blockchain Explained: What It Is, How It Works and Why We Need It

    2025-05-21

    Types of Blockchain Layers Explained: Layer 0, Layer 1, Layer 2 and Layer 3

    2025-05-16

    Token vs. Coin: Key Differences You Must Know as a Beginner

    2025-05-15

    Inside Changelly: 10 years of steadfast support and compliance

    2025-05-15
  • Blog
  • Contact
    • Tech7685@gmail.com
Free Cryptocurrency – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
Home»Bitcoin»Bitcoin consolidates for $ 93.3k – Where does BTC go?
Bitcoin

Bitcoin consolidates for $ 93.3k – Where does BTC go?

2025-02-16No Comments3 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email
  • Bitcoin consolidates almost $ 93,300 support, with resistance to $ 101,641 and $ 106,272.
  • On-chain statistics showed mixed signals, but NVT and NVM ratios suggest a strong network value.

The MVRV price tires indicate $ 93,300 as an important level of support, crucial for Bitcoin’s [BTC] Next move. At the time of the press, BTC is traded at $ 97,410.38, an increase of 0.01%.

If this level applies, Bitcoin can push higher, but a breakdown can cause further losses. Will BTC retain his bullish momentum, or is a deeper correction on the horizon?

Critical resistance and support levels

The price of Bitcoin is consolidated in a symmetrical triangle, a formation that often precedes an outbreak. The level of support is $ 95,702, while the key resistance levels amount to $ 101,641 and $ 106,272.

An outbreak above these levels can push BTC to $ 108,000 or higher. However, a breakdown under the rising trendline can cause a test of $ 93,300 or even lower.

Moreover, Bitcoin has formed a higher layer of pattern, which often indicates the growing bullish momentum. However, the volume remains a key factor for confirmation.

If the volume increases considerably, a strong outbreak could follow. Conversely, a weak volume may indicate further consolidation before a significant movement.

BTC Price Promotion Analysis BTC Price Promotion Analysis

Source: TradingView

BTC address activity: Drawing of strength or weakness?

Data on chains show a decrease in new, active and zero balance addresses, with drops of -3.92%, -1.74%and -4.56%, respectively, last week.

This delay suggests a cooling phase in network activity. However, it does not necessarily indicate the bearish sentiment, because such decreases often precede strong price movements.

Moreover, Bitcoin’s historical price increases have often followed periods of reduced address growth, because accumulation takes place before the next wave of new users.

See also  How Bitcoin's recent surge affected trading volume

If new addresses begin to rise again, Bitcoin could see a new inflow of capital.

BTC Active addressesBTC Active addresses

Source: Intotheblock

BTC transaction data: delay or set?

Transaction statistics reveal a mixed prospect, with large transfers (> $ 10 million) that fall -63.01%, while medium -sized transactions ($ 100k -$ 1 million) fell -43.36%fell.

Even smaller transactions below $ 1K saw considerable reductions, which further strengthens the fall in the activity.

However, lower whale chanties can suggest a stabilization phase before the next Grand Price Movement. Historically, such delays preceded a strong accumulation phase or a retracement in the short term.

Source: Intotheblock

NVT and NVM ratios: Are we overvalued?

The ratio of the network value and transactions (NVT) jumped +20.4%, indicating that the market capitalization of Bitcoin is increasing faster than the volume transferred.

This increase may indicate overvaluation, which suggests a possible correction if the trade volume does not increase.

However, it can also be a reflection of the growing trust of investors, which leads to a sustainable upward trend. In addition, the NVM ratio, which appreciates Bitcoin on the basis of network activity, increased +35.09%.

This statistics suggests that, despite the current price consolidation, the network value of Bitcoin remains strong.

Source: Cryptuquant

In conclusion, the technical structure of Bitcoin and on-chain statistics suggest that $ 93,300 remains a crucial level of support.

If BTC applies above this figure, the market can continue to experience further upside down, especially if buying pressure increases.

However, the falling address activity and transactions create cause, which means that a breakdown is still possible. That is why the next step from Bitcoin depends on volume and momentum.

See also  Crypto outflows dawdle: Negative sentiments to exit the market?

If BTC breaks above $ 101,641, a bullish rally could follow.

Next: RLUSD TOTAL Supply affects 120 million As XRP grows 12% – More growth ahead?

Source link

93.3k Bitcoin BTC Consolidates
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Bitcoin Golden Cross in Play – Analyst reveals the best way to act

2025-05-22

Solana Memecoin on average daily volume rises 46% in May, which, following Bitcoin’s recovery, following Bitcoin

2025-05-22

Bitcoin on a confirmed breakout after reaching new all time high, says analyst Kevin Svenson-Hier is his prospects

2025-05-22

Bitcoin climbs solo, without altcoins – risk alert for traders!

2025-05-22
Add A Comment

Comments are closed.

Top Posts

Are Crypto Investors Growing Up? Or have they just moved?

2023-05-12

Domin Network and Mango Blockchain are launching revolutionary partnership to bridge web2 and web3

2025-05-01

SEC Issues Wells Notice Against Robinhood, Crypto Community Calls It ‘Scare Tactics’

2024-05-06
Editors Picks

Blockticity Mints Hemp and Cannabis Certifications on Avalanche

2023-10-08

Chainlink recovery is stagnant, but probably not over

2023-09-22

CME Gap Threatens Bitcoin with a Potential Drop to $77,000

2024-12-29

Laika AI works together with the flexible AI to bring about a revolution web3 -intelligence

2025-03-19
About
About

Our mission is to develop a community of people who try to make financially sound decisions. The website strives to educate individuals in making wise choices about Cryptocurrencies, Defi, NFT, Metaverse and more.

We're social. Connect with us:

Facebook X (Twitter) Instagram Pinterest YouTube
Top Insights

VELO works together with Paxos to redefine the infrastructure of the Stablecoin payments

XRP Ledger (XRPL) adds 3 new stablecoins to its ecosystem

Bitcoin Golden Cross in Play – Analyst reveals the best way to act

Get Informed

Subscribe to Updates

Get the latest news and Update from Free.cc about Crypto, Metaverse, NFT and more.

  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • BitcoinPlatform.com
© 2025 Free.cc - All rights reserved. Contact: info@free.cc

Type above and press Enter to search. Press Esc to cancel.

  • bitcoinBitcoin(BTC)$111,118.61-0.56%
  • ethereumEthereum(ETH)$2,723.113.33%
  • tetherTether USDt(USDT)$1.00-0.03%
  • rippleXRP(XRP)$2.472.30%
  • binancecoinBNB(BNB)$688.260.23%
  • solanaSolana(SOL)$184.964.52%
  • usd-coinUSDC(USDC)$1.00-0.01%
  • dogecoinDogecoin(DOGE)$0.2511394.08%
  • cardanoCardano(ADA)$0.846.11%
  • tronTRON(TRX)$0.2752681.81%
  • suiSui(SUI)$3.94-2.81%
  • hyperliquidHyperliquid(HYPE)$35.7517.13%
  • chainlinkChainlink(LINK)$17.134.25%
  • avalanche-2Avalanche(AVAX)$25.758.24%
  • stellarStellar(XLM)$0.3095173.59%
  • shiba-inuShiba Inu(SHIB)$0.0000164.73%
  • bitcoin-cashBitcoin Cash(BCH)$452.357.47%
  • hedera-hashgraphHedera(HBAR)$0.2083463.76%
  • unus-sed-leoUNUS SED LEO(LEO)$8.87-0.07%
  • polkadotPolkadot(DOT)$5.105.30%
  • the-open-networkToncoin(TON)$3.212.69%
  • litecoinLitecoin(LTC)$101.992.41%
  • moneroMonero(XMR)$387.50-2.36%
  • pepePepe(PEPE)$0.00001613.38%
  • bitget-tokenBitget Token(BGB)$5.625.49%
  • piPi(PI)$0.81-4.37%
  • daiDai(DAI)$1.00-0.03%
  • ethena-usdeEthena USDe(USDE)$1.00-0.03%
  • uniswapUniswap(UNI)$6.724.57%
  • bittensorBittensor(TAO)$470.711.07%
  • aaveAave(AAVE)$262.582.52%
  • nearNEAR Protocol(NEAR)$3.156.84%
  • aptosAptos(APT)$5.9811.51%
  • ondo-financeOndo(ONDO)$1.054.74%
  • okbOKB(OKB)$53.150.15%
  • kaspaKaspa(KAS)$0.1186284.77%
  • internet-computerInternet Computer(ICP)$5.815.62%
  • ethereum-classicEthereum Classic(ETC)$20.022.52%
  • official-trumpOFFICIAL TRUMP(TRUMP)$14.48-0.80%
  • render-tokenRender(RENDER)$5.338.09%
  • crypto-com-chainCronos(CRO)$0.1018112.91%
  • gatechain-tokenGateToken(GT)$22.000.17%
  • vechainVeChain(VET)$0.0313144.40%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.2564333.18%
  • mantleMantle(MNT)$0.773.73%
  • ethenaEthena(ENA)$0.4421018.24%
  • worldcoin-wldWorldcoin(WLD)$1.5827.49%
  • artificial-superintelligence-allianceArtificial Superintelligence Alliance(FET)$0.9413.98%
  • arbitrumArbitrum(ARB)$0.4438065.46%
  • usd1World Liberty Financial USD(USD1)$1.00-0.07%
  • bitcoinBitcoin(BTC)$111,118.61-0.56%
  • ethereumEthereum(ETH)$2,723.113.33%
  • tetherTether USDt(USDT)$1.00-0.03%
  • rippleXRP(XRP)$2.472.30%
  • binancecoinBNB(BNB)$688.260.23%
  • solanaSolana(SOL)$184.964.52%
  • usd-coinUSDC(USDC)$1.00-0.01%
  • dogecoinDogecoin(DOGE)$0.2511394.08%
  • cardanoCardano(ADA)$0.846.11%
  • tronTRON(TRX)$0.2752681.81%
  • suiSui(SUI)$3.94-2.81%
  • hyperliquidHyperliquid(HYPE)$35.7517.13%
  • chainlinkChainlink(LINK)$17.134.25%
  • avalanche-2Avalanche(AVAX)$25.758.24%
  • stellarStellar(XLM)$0.3095173.59%
  • shiba-inuShiba Inu(SHIB)$0.0000164.73%
  • bitcoin-cashBitcoin Cash(BCH)$452.357.47%
  • hedera-hashgraphHedera(HBAR)$0.2083463.76%
  • unus-sed-leoUNUS SED LEO(LEO)$8.87-0.07%
  • polkadotPolkadot(DOT)$5.105.30%
  • the-open-networkToncoin(TON)$3.212.69%
  • litecoinLitecoin(LTC)$101.992.41%
  • moneroMonero(XMR)$387.50-2.36%
  • pepePepe(PEPE)$0.00001613.38%
  • bitget-tokenBitget Token(BGB)$5.625.49%
  • piPi(PI)$0.81-4.37%
  • daiDai(DAI)$1.00-0.03%
  • ethena-usdeEthena USDe(USDE)$1.00-0.03%
  • uniswapUniswap(UNI)$6.724.57%
  • bittensorBittensor(TAO)$470.711.07%
  • aaveAave(AAVE)$262.582.52%
  • nearNEAR Protocol(NEAR)$3.156.84%
  • aptosAptos(APT)$5.9811.51%
  • ondo-financeOndo(ONDO)$1.054.74%
  • okbOKB(OKB)$53.150.15%
  • kaspaKaspa(KAS)$0.1186284.77%
  • internet-computerInternet Computer(ICP)$5.815.62%
  • ethereum-classicEthereum Classic(ETC)$20.022.52%
  • official-trumpOFFICIAL TRUMP(TRUMP)$14.48-0.80%
  • render-tokenRender(RENDER)$5.338.09%
  • crypto-com-chainCronos(CRO)$0.1018112.91%
  • gatechain-tokenGateToken(GT)$22.000.17%
  • vechainVeChain(VET)$0.0313144.40%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.2564333.18%
  • mantleMantle(MNT)$0.773.73%
  • ethenaEthena(ENA)$0.4421018.24%
  • worldcoin-wldWorldcoin(WLD)$1.5827.49%
  • artificial-superintelligence-allianceArtificial Superintelligence Alliance(FET)$0.9413.98%
  • arbitrumArbitrum(ARB)$0.4438065.46%
  • usd1World Liberty Financial USD(USD1)$1.00-0.07%