Bitcoin enters the max value neighborhood as Trump vows never to sell BTC and the former PM of Japan declares crypto a chance of a century.
Bitcoin has reached what on-chain analysts refer to as max value territory. This follows as international political leaders express a never-before-seen support for digital assets.
The dominating crypto broke down several important price points. But structural indicators indicate that there are long-term accumulation opportunities.
Global Leaders Rally Behind Bitcoin
The former Japanese Prime Minister just caused a stir on social media. Pete Rizzo on X writes that the political figure described Bitcoin and crypto as a once-in-a-century opportunity. Rizzo stressed that this message will reverberate around the world.
Source: Pete Rizzo X
At a recent event, President Trump gave equally bullish comments. The U.S. government regrettably sold tens of thousands of Bitcoin, as Trump said, according to CryptoRover on X. Such holdings would be worth billions at this point.
CryptoRover X.
Trump has announced a new American policy in the future. The country will act according to the golden rule of every Bitcoiner. Never sell your Bitcoin.
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On-Chain Metrics Flash Buy Signals
CryptosR_Us posted an analysis on X on the current status of Bitcoin. The recent decline was more savage at the neck than the February flush. Price has not fallen below the historical all-time low of 2025, even though it has violated key anchored volume-weighted average prices.
Source: CryptosR_Us
Seven million BTC are currently at a loss. That is two million higher than the all-time low of 2025. This is the most coins that have been underwater since an all-time high in January 2022.
The new whale addresses are the first underwater since April 2022. They are closing below their realized price level. This is an indication of overt capitulation pressure among big holders.
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Critical Support Level Holds Strong
There was one important building that survived the selloff. The price was recaptured by the anchored volume-weighted average price during the halving of Bitcoin. This is the same level that was reached by March earlier this year.
All this, according to CryptosR_Us, is structural undervaluation. Historically, this zone is biased towards long-term dollar-cost averaging strategies. The levels are normally reloaded by new market cycles.
American Demand Resurfaces
U.S. institutional interest seems to be reappearing. Coin Bureau reported on X that the Coinbase Bitcoin Premium Index flipped to positive. This turnaround took a month of negative values in the metric.
Source : Coin Bureau X
The premium index is a measurement of the relative purchase pressure on Coinbase compared with other exchanges. Any positive value shows that the U.S. traders and institutions will be stronger in demand. This trend portends American purchasers re-entering the market.
The market participants are now observing whether this convergence of factors augurs in long-lasting recovery. Major economic support in the form of political endorsements and on-chain buy signals appears to be an odd combination. The halving-anchored support level introduces technical verification to the underlying background.
Source: https://www.livebitcoinnews.com/bitcoin-news-bitcoin-enters-max-value-zone-amid-political-support/
