{"id":22561,"date":"2025-04-17T13:46:40","date_gmt":"2025-04-17T13:46:40","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=22561"},"modified":"2025-04-17T13:46:40","modified_gmt":"2025-04-17T13:46:40","slug":"bitcoin-stuck-below-85000-bull-run-shakeout-or-bearish-downtrend","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=22561","title":{"rendered":"Bitcoin Stuck Below $85,000: Bull Run Shakeout Or Bearish Downtrend?"},"content":{"rendered":"<div>\n<p><strong>Bitcoin<\/strong> (CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/btc\/usd\">BTC<\/a>) has been trading sideways over the past 30 days, prompting a debate about when the <a href=\"https:\/\/www.benzinga.com\/money\/bitcoin-price-prediction\">next strong trend will emerge<\/a>.<\/p>\n<p><strong>What Happened:<\/strong> On-chain analytics firm CryptoQuant on Wednesday <a href=\"https:\/\/x.com\/cryptoquant_com\/status\/1912572692143780303\">analyzed<\/a> the sell-side pressure impacting Bitcoin over the past two weeks. <\/p>\n<p>Contrary to popular belief, whales are not dumping. <\/p>\n<p>Instead, short-term holders are driving the recent pullbacks, creating turbulence without substance.<\/p>\n<p>The data from its Exchange Inflow Age\/Value Bands shows that short-term holders are the main source, offloading an average of around 930 BTC per day, compared to just around 529 BTC\/day from long-term holders, who remain largely unfazed.<\/p>\n<p>The on-chain data also provided a breakup based on wallet size showing that the retail &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/25\/04\/44863580\/bitcoin-stuck-below-85000-bull-run-shakeout-or-bearish-downtrend\" alt=\"Bitcoin\" stuck below bull run shakeout or bearish downtrend>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin (CRYPTO: BTC) has been trading sideways over the past 30 days, prompting a debate about when the next strong trend will emerge. What Happened: On-chain analytics firm CryptoQuant on Wednesday analyzed the sell-side pressure impacting Bitcoin over the past two weeks. Contrary to popular belief, whales are not dumping. Instead, short-term holders are driving [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-22561","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/22561","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=22561"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/22561\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=22561"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=22561"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=22561"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}