PANews reported on December 7th that analyst @TXMCtrades stated on the X platform that Bitcoin's activity metric is rising, potentially indicating that the current market cycle is not yet over. Activity is the sum of all on-chain lifecycle spending and holding activity. Activity increases when tokens are net traded; it decreases when tokens are held, and adjusts based on the token's issuance date. In a bull market, activity typically increases as supply changes hands at higher prices, indicating new capital inflows. As demand weakens, momentum slows, and the indicator declines. It's a concise indicator, similar to a long-term moving average of on-chain activity. Despite the price decline, activity in this cycle continues to rise, indicating a bottom in spot Bitcoin demand that is not yet reflected in price action. While activity typically lags far behind price movements and is therefore not a market signal, the momentum remains positive from this perspective. Some large entities are taking action in the market; it's just that their identities are unknown. PANews reported on December 7th that analyst @TXMCtrades stated on the X platform that Bitcoin's activity metric is rising, potentially indicating that the current market cycle is not yet over. Activity is the sum of all on-chain lifecycle spending and holding activity. Activity increases when tokens are net traded; it decreases when tokens are held, and adjusts based on the token's issuance date. In a bull market, activity typically increases as supply changes hands at higher prices, indicating new capital inflows. As demand weakens, momentum slows, and the indicator declines. It's a concise indicator, similar to a long-term moving average of on-chain activity. Despite the price decline, activity in this cycle continues to rise, indicating a bottom in spot Bitcoin demand that is not yet reflected in price action. While activity typically lags far behind price movements and is therefore not a market signal, the momentum remains positive from this perspective. Some large entities are taking action in the market; it's just that their identities are unknown.
Analysts: Bitcoin on-chain activity is rising, demand remains strong, and this cycle may not be over yet.
PANews reported on December 7th that analyst @TXMCtrades stated on the X platform that Bitcoin's activity metric is rising, potentially indicating that the current market cycle is not yet over. Activity is the sum of all on-chain lifecycle spending and holding activity. Activity increases when tokens are net traded; it decreases when tokens are held, and adjusts based on the token's issuance date.
In a bull market, activity typically increases as supply changes hands at higher prices, indicating new capital inflows. As demand weakens, momentum slows, and the indicator declines. It's a concise indicator, similar to a long-term moving average of on-chain activity.
Despite the price decline, activity in this cycle continues to rise, indicating a bottom in spot Bitcoin demand that is not yet reflected in price action. While activity typically lags far behind price movements and is therefore not a market signal, the momentum remains positive from this perspective. Some large entities are taking action in the market; it's just that their identities are unknown.
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
You May Also Like
Tether CEO Delivers Rare Bitcoin Price Comment
Bitcoin price receives rare acknowledgement from Tether CEO Ardoino
Share
Coinstats2025/09/17 23:39
Litecoin Forms Ascending Triangle: LTC Price Target $90 Breakout
Litecoin charts indicate a potential bullish move, forming an intriguing pattern. Market watchers are eyeing a significant price level, hinting at possible gains. Could the cryptocurrency be on the verge of a breakout towards $90? An analysis reveals which coins might be poised for growth amidst this trend. Powered by Outset PR, this analysis reflects the agency’s commitment to strategic, data-driven communication for the crypto industry. Litecoin Holds Steady Amid Market Fluctuations Source: tradingview Litecoin (LTC) prices currently range between $80 and $86. The coin is navigating a cautious path near its 10-day average of about $83. While the value has dipped around 5% over the week, its steady position above $80 suggests resilience. The nearest hurdle lies at $89, but if surpassed, LTC could aim for the $95 mark, representing a potential 10% increase from the lower end of its range. However, a dip below the $78 support might signal further decline. With an RSI below 35, LTC hints at being oversold, indicating a possible bounce. How Outset PR Leverages Data-Driven Approach in Crypto PR Outset PR connects market events with meaningful storytelling through a data-driven methodology rarely seen in the crypto communications space. Founded by PR strategist Mike Ermolaev, the agency approaches each campaign like a hands-on workshop—building narratives that align with market momentum instead of relying on generic coverage or templated outreach. Beyond just monitoring on-chain flows, Outset PR monitors the media trendlines and traffic distribution through the lens of its proprietary Outset Data Pulse intelligence to determine when a client’s message will achieve the highest lift. This analysis informs the choice of media outlets, the angle of each pitch, and the timing of publication. A key part of the agency’s workflow comes from its proprietary Syndication Map, an internal analytics system that identifies which publications deliver the strongest downstream syndication across aggregators such as CoinMarketCap and Binance Square. Because of this approach, Outset PR campaigns frequently achieve visibility several times higher than their initial placements. Outset PR ensures that each campaign is market-fit and tailored to deliver maximum relevance at the moment the audience is most receptive. Conclusion A current chart pattern shows strong potential for an upward move to $90 for LTC. The ascending triangle suggests bullish momentum. Market sentiment appears positive, and technical indicators support a breakout scenario. Investors are watching for a breach of the current resistance level. Traders should monitor any significant movements closely. A successful breakout could lead to continued gains. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
Share
Coinstats2025/12/07 18:00
“Most Altcoins Are Useless”: Kevin O’Leary Says Only BTC and ETH Will Survive
His warning targets the very structure of the industry itself. In his view, the regulatory transformation underway in the United […] The post “Most Altcoins Are Useless”: Kevin O’Leary Says Only BTC and ETH Will Survive appeared first on Coindoo.
Share
Coindoo2025/12/07 19:15