Why Bitcoin Investors Aren’t Hitting the Panic Button Yet

by

Amid the dizzying heights of Bitcoin‘s surge, sitting comfortably above $90,000, it’s clear that the apocalypse is *not* upon us. Investors, their pockets already heavy with profit, are apparently too busy counting their winnings to hit the panic sell button. Shocking, right?

According to analysts from Matrixport, a Singapore-based blockchain outfit, Bitcoin’s price needs to stay firmly above the $90,000 mark to keep the panic from setting in. After all, why would anyone sell when their investments are thriving? In fact, trading volumes have shot up like a rocket, leaping from $40 billion to a near dizzying $400 billion at certain points. It’s a frenzy, and more and more investors are jumping aboard. Matrixport believes this trend will continue into 2025. A gold rush, minus the pickaxes, of course.

#Matrixport Today 📈 – Feb 17 2025⬇️#Crypto Market Surge: Rising Institutional Influence and #Adoption in 2025#CryptoFinance #CryptoMarket #BTC #CryptoInvesting

— Matrixport Official (@Matrixport_EN) February 17, 2025

But wait, don’t break out the confetti just yet. Sure, the market’s humming along, but there’s a small little detail we mustn’t forget. The surge in trading volume is often a result of price hikes. With Bitcoin holding strong above $90,000, most investors are basking in the warm glow of profit. Panic selling? Not likely. But as Matrixport wisely points out, should Bitcoin drop below that sacred threshold, don’t be surprised if the mood in crypto circles shifts faster than a bear market rumor.

Bitcoin’s Resistance Might Be Stronger Than Your Wi-Fi Signal

But that’s not all, folks! Analysts are noticing something a bit odd: weekend trading volumes are dropping. Why? Well, it’s because the big players, the institutional behemoths, are taking over the weekdays. As they continue to flex their financial muscles, the retail traders are slowly but surely losing their grip on the market. Change is in the air, and it’s smelling a little less like a local coffee shop and more like a corporate boardroom.

Despite all the chaos, Bitcoin has managed to hover above $96,000. It’s like the market is throwing everything at it, and yet Bitcoin is standing there, unbothered. But will this hold? The fate of the market might very well depend on Bitcoin’s next move. Some are optimistic, but others? Not so much. Turns out, not everyone thinks this wild ride is heading toward the moon.

Case in point: the Inter-exchange Flow Pulse indicator. It tracks the movement of Bitcoin between spot and derivatives markets. If more Bitcoin is flowing into derivatives, it’s typically a bullish sign. But right now? That indicator is flashing a big, fat “nope.” It’s suggesting that Bitcoin might face some serious resistance before it can break through to new heights.

Read More

2025-02-17 11:38