No One Is Selling Bitcoin Anymore? Experts Reveal a Shocking Scenario

Bitcoin is going through an unprecedented calm phase. Weekly trading flows have just reached their lowest level in two years, a signal that raises questions. Are we facing a prolonged stagnation or a pause before a new bullish momentum? For seasoned investors, this slowdown could conceal a strategic opportunity. Decoding!

A market in search of balance

Since November, bitcoin inflows onto exchange platforms have melted by 64%. An eloquent figure.

Daily selling pressure has dropped from 81,000 to 29,000 bitcoins, drawing a curve that evokes less panic than exhaustion. A rare phenomenon in a market used to jolts. Sellers seem to have thrown in the towel, notes Axel Adler Jr from CryptoQuant.

In parallel, current prices — around $84,000 — float well above the $30,000 observed during the previous low of flows in May 2023. This divergence is intriguing.

The market has digested the profit-taking post-$100,000 without succumbing to frenzy, emphasizes Adler. Current buyers, calm, seem to believe that the current price already reflects a “fair” value.

Result: an asymmetry of forces is emerging. The available supply is dwindling, while demand, albeit discreet, remains firm. A structural shortage looms, analysts warn.

April and May could thus form a technical plateau, a buffer zone where bitcoin would consolidate its gains before once again gearing up.

Neutrality and consolidation of bitcoin: the calm before the storm?

But this scarcity of sales tells only part of the story. On the sentiment indicators side, the market displays a surprising neutrality.

The Coinbase Premium, reflecting the appetite of American institutional investors, hovers around zero. A fragile balance after weeks in negative territory.

Even more revealing: the behavior of traders on Binance. Incoming flows there are four times less than on other platforms. A tactical neutrality, estimates Joao Wedson from Alphractal.

Short-term holders send 6,300 bitcoins per day there compared to 24,700 bitcoins on other platforms. Proof that some players prefer to keep their tokens off exchanges, anticipating a future rise rather than an immediate sale.

This collective caution does not equate to inaction. Bitcoin, like a feline observing its prey, seems to be waiting for the right moment to pounce. With fewer available liquidities, any spark — favorable regulation, institutional adoption — could trigger explosive volatility. Perhaps this is why Metaplanet continues its purchases.