Bitcoin Faces $115,000 Resistance But On-Chain Data Rejects ‘Definitive End’ Scenario

Posted On October 24, 2025

Bitcoin (CRYPTO: BTC) remains range-bound, with on-chain metrics signaling short-term weakness but long-term bullish fundamentals intact.

What Happened: CryptoQuant data shows Bitcoin’s bull cycle remains in a late-stage accumulation phase, not a definitive end.

The Dolphin cohort, large holders including ETFs, corporations, and wallets with 100–1,000 BTC, controls 26% of supply, around 5.16 million BTC.

Historically, their accumulation drives rallies, while slowdowns precede corrections.

In 2025, Dolphins have added …