{"id":829755,"date":"2025-02-25T14:12:01","date_gmt":"2025-02-25T20:12:01","guid":{"rendered":"https:\/\/newsycanuse.com\/index.php\/2025\/02\/25\/bitcoin-eyes-100k-once-again-can-bullish-momentum-spur-investors\/"},"modified":"2025-02-25T14:12:01","modified_gmt":"2025-02-25T20:12:01","slug":"bitcoin-eyes-100k-once-again-can-bullish-momentum-spur-investors","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2025\/02\/25\/bitcoin-eyes-100k-once-again-can-bullish-momentum-spur-investors\/","title":{"rendered":"Bitcoin eyes $100K once again \u2013 Can bullish momentum spur investors?"},"content":{"rendered":"<p>Bitcoins <\/p>\n<div id=\"single-post-wrapper\">\n<p><img width=\"1200\" height=\"675\" src=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/02\/Editors-13-1200x675.webp\" alt=\"bitcoins Bitcoin eyes $100K once again - Can bullish momentum spur investors?\" decoding=\"async\" fetchpriority=\"high\"  >\n\t\t\t\t\t\t<\/p>\n<div>\n<div>\n<div>\n<div>\n<p><img loading=\"lazy\" decoding=\"async\" data-del=\"avatar\" alt=\"bitcoins Avatar\" height=\"48\" width=\"48\" data-old-src=\"data:image\/svg+xml,%3Csvg%20xmlns='http:\/\/www.w3.org\/2000\/svg'%20viewBox='0%200%2048%2048'%3E%3C\/svg%3E\" src=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/08\/Image_20240813_070537_637-e1723616062313-80x80.jpeg\"><\/p>\n<p>Journalist<\/p>\n<\/p><\/div>\n<div>\n<p><span>Posted: <time itemprop=\"datePublished\" datetime=\"2025-02-12\">February 12, 2025<\/time><br \/>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span><\/p>\n<p><meta itemprop=\"dateModified\" content=\"2025-02-11 6:58 pm\"><\/p><\/div>\n<\/p><\/div>\n<div>\n<h4>Share this article<\/h4>\n<\/p><\/div>\n<\/p><\/div>\n<div>\n<ul>\n<li><em><span>Despite large sell-offs, a certain cohort of investors has continued purchasing BTC, supporting its price movement.<\/span><\/em><\/li>\n<li><em><span>The bullish sentiment extends across Bitcoin miners and spot traders in the market as well.<\/span><\/em><\/li>\n<\/ul>\n<p><span><a href=\"https:\/\/ambcrypto.com\/predictions\/bitcoin-price-prediction\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\">Bitcoin [BTC]<\/a> is beginning to make moves to reclaim the $100,000 region, trading below it at $98,215.61 at press time, following a minor price gain of 0.42% in the past 24 hours.<\/span><\/p>\n<p><span>The rally is expected to extend, potentially taking BTC into the marked zone on the chart, as there\u2019s been a growing bullish sentiment from large cohorts of investors, spot traders, and miners in the market.<\/span><\/p>\n<h2>Bitcoins <span>Bitcoin redistribution taking place<\/span><\/h2>\n<p><span>There\u2019s a current redistribution of Bitcoin in the market. This implies that the group of market participants holding more BTC is shifting.<\/span><\/p>\n<p><span>Currently, the shift has been moving from whales, who hold at least 1% of the circulating BTC supply, to two other cohorts: Shrimp\u2014holding less than 1 BTC\u2014and sharks, who hold between 100\u20131,000 BTC. <\/span><\/p>\n<p><span>However, sharks are taking the lead.<\/span><\/p>\n<div id=\"attachment_466393\">\n<p><a href=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/02\/A3EC9F9F-C90D-4642-8EB2-43AC8DC1587B.jpeg\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-466393\" alt width=\"900\" height=\"507\"   data-old-src=\"data:image\/svg+xml,%3Csvg%20xmlns='http:\/\/www.w3.org\/2000\/svg'%20viewBox='0%200%20900%20507'%3E%3C\/svg%3E\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/02\/A3EC9F9F-C90D-4642-8EB2-43AC8DC1587B.jpeg 900w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/02\/A3EC9F9F-C90D-4642-8EB2-43AC8DC1587B-300x169.jpeg 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/02\/A3EC9F9F-C90D-4642-8EB2-43AC8DC1587B-768x433.jpeg 768w\" src=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/02\/A3EC9F9F-C90D-4642-8EB2-43AC8DC1587B.jpeg\"><\/a><\/p>\n<p id=\"caption-attachment-466393\">Source: Glassnode<\/p>\n<\/div>\n<p><span>According to data from Glassnode, Bitcoin sharks currently have a dominance of 20%, meaning they are accumulating more BTC than any other cohort.<\/span><\/p>\n<p><span>With this redistribution, particularly between small and relatively large holders, it suggests growing confidence among these cohorts, who likely see BTC\u2019s dip below $100,000 as a buying opportunity.<\/span><\/p>\n<p><span>A closer look at Bitcoin\u2019s NUPL (Net Unrealized Profit\/Loss) confirms this bullish trend. <\/span><\/p>\n<p><span>At the time, the NUPL shows the market is in the \u201cbelief\u201d phase, or a bullish continuation phase, with a press time reading of 0.556, indicating overall buying activity.<\/span><\/p>\n<div id=\"attachment_466388\">\n<p><a href=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/02\/BE3B1B9E-A1B7-4446-AA8D-74B39C71211D.png\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-466388\" alt width=\"2560\" height=\"1440\"   data-old-src=\"data:image\/svg+xml,%3Csvg%20xmlns='http:\/\/www.w3.org\/2000\/svg'%20viewBox='0%200%202560%201440'%3E%3C\/svg%3E\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/02\/BE3B1B9E-A1B7-4446-AA8D-74B39C71211D.png 2560w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/02\/BE3B1B9E-A1B7-4446-AA8D-74B39C71211D-300x169.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/02\/BE3B1B9E-A1B7-4446-AA8D-74B39C71211D-1024x576.png 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/02\/BE3B1B9E-A1B7-4446-AA8D-74B39C71211D-768x432.png 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/02\/BE3B1B9E-A1B7-4446-AA8D-74B39C71211D-1536x864.png 1536w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/02\/BE3B1B9E-A1B7-4446-AA8D-74B39C71211D-2048x1152.png 2048w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/02\/BE3B1B9E-A1B7-4446-AA8D-74B39C71211D-1200x675.png 1200w\" src=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/02\/BE3B1B9E-A1B7-4446-AA8D-74B39C71211D.png\"><\/a><\/p>\n<p id=\"caption-attachment-466388\">Source: Cryptoquant<\/p>\n<\/div>\n<h2>Bitcoins <span>Bitcoin miners realizing minimal profit<\/span><\/h2>\n<p><span>Bitcoin miners, who play a major role in maintaining the chain\u2019s integrity, have gradually been selling, as indicated by the Miner Position Index (MPI) on CryptoQuant.<\/span><\/p>\n<p><span>The MPI read negative 0.8 at the time of writing, indicating low selling pressure. This suggests miners are likely taking profits to cover operational costs.<\/span><\/p>\n<div id=\"attachment_466389\">\n<p><a href=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/02\/AEB447BF-939A-45F1-9E75-215267468913.png\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-466389\" alt width=\"2560\" height=\"1440\"   data-old-src=\"data:image\/svg+xml,%3Csvg%20xmlns='http:\/\/www.w3.org\/2000\/svg'%20viewBox='0%200%202560%201440'%3E%3C\/svg%3E\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/02\/AEB447BF-939A-45F1-9E75-215267468913.png 2560w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/02\/AEB447BF-939A-45F1-9E75-215267468913-300x169.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/02\/AEB447BF-939A-45F1-9E75-215267468913-1024x576.png 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/02\/AEB447BF-939A-45F1-9E75-215267468913-768x432.png 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/02\/AEB447BF-939A-45F1-9E75-215267468913-1536x864.png 1536w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/02\/AEB447BF-939A-45F1-9E75-215267468913-2048x1152.png 2048w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/02\/AEB447BF-939A-45F1-9E75-215267468913-1200x675.png 1200w\" src=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/02\/AEB447BF-939A-45F1-9E75-215267468913.png\"><\/a><\/p>\n<p id=\"caption-attachment-466389\">Source: CryptoQuant<\/p>\n<\/div>\n<p><span>Once this phase concludes, these miners may gradually begin purchasing BTC again, adding to their portfolios and contributing to the underlying bullish pressure in the market.<\/span><\/p>\n<h2>Bitcoins <span>Spot traders align<\/span><\/h2>\n<p><span>Spot traders are beginning to align with market sentiment, as there\u2019s been significant BTC purchasing activity in recent days.<\/span><\/p>\n<hr>\n<p>Read <a href=\"https:\/\/ambcrypto.com\/predictions\/bitcoin-price-prediction\" data-wpel-link=\"internal\">Bitcoin\u2019s [BTC] Price Prediction<\/a> 2025\u20132026<\/p>\n<hr>\n<p><span>In the past 24 hours alone, Exchange Netflow data shows 1,100 BTC were purchased from cryptocurrency exchanges\u2014a significant increase from the 262 BTC purchased the previous day.<\/span><\/p>\n<div id=\"attachment_466390\">\n<p><a href=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/02\/F1F66DBF-FC1B-4BBC-9A72-500124143775.png\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-466390\" alt width=\"2560\" height=\"1440\"   data-old-src=\"data:image\/svg+xml,%3Csvg%20xmlns='http:\/\/www.w3.org\/2000\/svg'%20viewBox='0%200%202560%201440'%3E%3C\/svg%3E\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/02\/F1F66DBF-FC1B-4BBC-9A72-500124143775.png 2560w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/02\/F1F66DBF-FC1B-4BBC-9A72-500124143775-300x169.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/02\/F1F66DBF-FC1B-4BBC-9A72-500124143775-1024x576.png 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/02\/F1F66DBF-FC1B-4BBC-9A72-500124143775-768x432.png 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/02\/F1F66DBF-FC1B-4BBC-9A72-500124143775-1536x864.png 1536w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/02\/F1F66DBF-FC1B-4BBC-9A72-500124143775-2048x1152.png 2048w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/02\/F1F66DBF-FC1B-4BBC-9A72-500124143775-1200x675.png 1200w\" src=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/02\/F1F66DBF-FC1B-4BBC-9A72-500124143775.png\"><\/a><\/p>\n<p id=\"caption-attachment-466390\">Source: CryptoQuant<\/p>\n<\/div>\n<p><span>If this purchasing trend continues, it would indicate a decisive bullish turn among spot traders, aligning with the current sentiment from BTC investor groups and miners.<\/span><\/p>\n<div>\n<h4>Share<\/h4>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p> Olayiwola Dolapo <a href=\"https:\/\/ambcrypto.com\/bitcoin-eyes-100k-once-again-can-bullish-momentum-spur-investors\/\" class=\"button purchase\" rel=\"nofollow noopener\" target=\"_blank\">Read More<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Journalist Posted: February 12, 2025 Share this article Despite large sell-offs, a certain cohort of investors has continued purchasing BTC, supporting its price movement. The bullish sentiment extends across Bitcoin miners and spot traders in the market as well. Bitcoin [BTC] is beginning to make moves to reclaim the $100,000 region, trading below it at<\/p>\n","protected":false},"author":1,"featured_media":829756,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4041,4633],"tags":[11476],"class_list":{"0":"post-829755","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-bitcoin","8":"category-bullish","9":"tag-bitcoins"},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/829755","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/comments?post=829755"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/829755\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/829756"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=829755"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=829755"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=829755"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}