NewsNovo
Onchain analysis has declared the new Bitcoin bull market confirmed, yet the same data points to a specific level where that momentum faces its first real test.
The tension is clear: the case for continued upward movement rests on structural signals, but the risk is that the $90,000 mark triggers the profit-taking that typically halts early rallies.
This is not a debate about whether the asset has value, but about where the next wave of sellers is likely to enter. The evidence for the bull case is rooted in onchain metrics.
Analysts concluded that these signals have moved past the ambiguous phase and into a confirmed state. The read-through is that the underlying structure supports the current price action of $BTC.
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