Market Cap
24h Vol
7720
Cryptocurrencies
62.66%
Bitcoin Share

Will Bitcoin Hit a New Record This Year Despite Recent Declines? Analytics Company Reveals Estimated Record Date

Will Bitcoin Hit a New Record This Year Despite Recent Declines? Analytics Company Reveals Estimated Record Date


BitcoinSistemi
2025-04-04 06:12:06
Will Bitcoin Hit a New Record This Year Despite Recent Declines? Analytics Company Reveals Estimated Record Date

Cryptocurrency analytics firm Alphractal has assessed the market situation following Bitcoin’s recent decline. According to the firm’s analysis, Supply Age Bands data, which categorizes Bitcoin supply by age, shows a sharp decline in the Short-Term Trader (STH) supply of up to 3 months. This indicates that buying interest in Bitcoin is decreasing. Historically, high levels of this indicator are observed during periods of market enthusiasm and public interest, while low levels coincide with price corrections. Alphractal notes that by analyzing the supply of up to 6 months, it is possible to better understand the impact of Short-Term Investors on Bitcoin. If this supply increases, the price tends to rise, while when it decreases, declines are usually observed. Related News: Cardano (ADA) Announces New Initiative Amid Decline However, despite the decline in STH supply, it is possible for Bitcoin to reach new highs. In 2021, although the STH supply began to decrease in April, Bitcoin reached new ATH levels in October and November. Similarly, in 2013, this supply recovered within a few months, leading to new highs in the short term. In line with these analyses, Alphractal states that despite the current conditions, new ATH levels for Bitcoin are possible in 2025. However, it is estimated that it will take at least another 6 months for this to happen. *This is not investment advice. Continue Reading: Will Bitcoin Hit a New Record This Year Despite Recent Declines? Analytics Company Reveals Estimated Record Date

Most Read News

Related News


Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.