Bitcoin (BTC) shows healthy consolidation, is it time to surge?

Updated

June 25, 2025

Gambar Bitcoin (BTC) shows healthy consolidation, is it time to surge?

Jakarta, Pintu News – After dropping to $98,000 over the weekend, Bitcoin has recovered and is now trading above $101,000. Despite concerns about a potential double top, on-chain data has not shown any major warning signs.

Bitcoin Healthy Consolidation

According to a recent post on CryptoQuant by Avocado_onchain, despite the broad market sentiment being bearish, Bitcoin (BTC) is yet to show significant red flags. Instead, this cryptocurrency still seems to be in a consolidation phase. The 30-day moving average of Binary Coin Days Destroyed (CDD) shows that long-term holders continue to hold onto their Bitcoin (BTC) rather than selling it. This suggests that investors remain optimistic about Bitcoin’s (BTC) potential to rise further in the short term.

CDD Binary Indicator Shows Accumulation

The Binary CDD 30-day MA smooths out daily fluctuations to show how often long-term Bitcoin (BTC) holders moved their coins during the month. Lower values indicate strong holding behavior and accumulation, while higher values may indicate distribution or selling pressure from experienced holders.

The analyst noted in a previous analysis that when Binary CDD Bitcoin (BTC) exceeds 0.8, it is usually followed by a sharp correction. This time, however, the indicator has peaked around 0.6 and is now declining, suggesting that the market is far from overheating.

Potential Increase in Bitcoin Price

Although this indicator does not signal the end of the bull run, Bitcoin (BTC) could be following a “staircase move”, where a period of consolidation is followed by a strong rise. Analysts emphasize that Bitcoin (BTC) has historically tended to hold rallies when market attention wanes and sentiment remains calm. Therefore, the current period of low volatility could be a precursor to the next big move upwards by Bitcoin (BTC).

Conclusion: Bitcoin Outlook

Although the current bearish sentiment may have raised hopes for a further price drawdown for the largest cryptocurrency by reported market capitalization, technical and on-chain indicators suggest otherwise.

For example, short positions have risen sharply in the $100,000-$110,000 range, raising the possibility of a short squeeze that could push Bitcoin (BTC) to new record highs . However, some caution is warranted, as short-term holders have been selling during the latest downturn, indicating a lack of confidence in Bitcoin’s (BTC) ability to maintain its upward trajectory.

Also Read: Dogecoin Continues to Slump: Is this $480 Utility Coin the Wiser Choice in the Crypto World?

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities are subject to high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying andselling Bitcoin and other crypto asset investments are the responsibility of the reader.