{"id":27223,"date":"2025-05-16T18:01:32","date_gmt":"2025-05-16T18:01:32","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=27223"},"modified":"2025-05-16T18:01:32","modified_gmt":"2025-05-16T18:01:32","slug":"bitcoin-long-term-holders-add-339k-btc-since-april-4-steady-accumulation-signals-conviction","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=27223","title":{"rendered":"Bitcoin Long-Term Holders Add 339K BTC Since April 4 \u2013 Steady Accumulation Signals Conviction"},"content":{"rendered":"
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Bitcoin is trading above the key psychological level of $100,000, but the bullish momentum that drove prices higher in recent weeks has cooled as BTC fails to reclaim resistance near $105,000. After a sharp rally that saw Bitcoin surge more than 40% from its April 9th low, price action is now consolidating and testing demand. While bulls remain in control above the $100K mark, growing signs of uncertainty have led some analysts to warn of a potential breakdown if $100K fails to hold.<\/p>\n

Despite these short-term concerns, long-term fundamentals remain strong. Data from CryptoQuant reveals that since April 4, Long-Term Holders (LTH) have added 339,000 BTC to their holdings. The consistent accumulation by long-term investors adds weight to the bullish thesis, showing continued conviction in Bitcoin\u2019s long-term value, even as short-term traders express hesitation.<\/p>\n

The coming days will be critical, as Bitcoin must either confirm $100K as solid support or risk a deeper pullback. All eyes are on whether demand will hold, and whether LTH accumulation<\/a> can offset rising market fear.<\/p>\n

Long-Term Holders Add Fuel To Bitcoin Bullish Outlook<\/h2>\n

Bitcoin is currently in a pivotal phase that could define the trajectory of the market for the coming months. After rallying over 40% from its April 9th low, BTC has spent the last few days consolidating below the $105K resistance. This consolidation has sparked a mix of expectations\u2014some traders anticipate a breakout into a new all-time high, while others believe the market could be setting up for an extended range.<\/p>\n

Despite short-term volatility, the broader trend remains clearly bullish. Bitcoin has maintained a steady uptrend for over five weeks, climbing through multiple resistance levels and attracting renewed investor attention.<\/p>\n

One of the most significant signals of confidence comes from the behavior of long-term holders. According to data shared by top analyst Axel Adler<\/a>, since April 4, long-term holders (LTH) have added a total of 339,000 BTC to their wallets. This brings the total LTH supply to 14,370,338 BTC\u2014a record figure that underscores deep conviction in Bitcoin\u2019s future value.<\/p>\n

\"Bitcoin<\/p>\n

This wave of accumulation is a powerful bullish signal. Historically, periods of heavy LTH buying have preceded major rallies. If BTC can hold current demand zones and reclaim resistance, the market could enter a new phase of expansion. However, if resistance holds and momentum weakens, the market could remain trapped in a broader consolidation. For now, the pressure is on bulls to confirm strength, and LTH accumulation shows they\u2019re not backing down.<\/p>\n

BTC Holds Above Support, But Breakout Remains Elusive<\/h2>\n

The 4-hour chart shows Bitcoin continuing to consolidate just above the $103,600 support level after failing to break cleanly above the $105,000 zone. Price action remains tightly ranged between $103,600 and $104,800, with multiple failed attempts at pushing higher, suggesting the presence of heavy sell-side liquidity in that region.<\/p>\n

\"BTC<\/p>\n

Despite this, Bitcoin\u2019s structure remains bullish. The 200-period EMA and SMA on this timeframe are both trending upward and significantly below the current price, providing a strong foundation for continued support. Volume has slightly decreased during consolidation, which is typical in a pause phase before a potential breakout or breakdown.<\/p>\n

If BTC holds above the $103,600 support, bulls may soon attempt another breakout, especially if volume picks up and macro conditions remain favorable. A confirmed move above $105,000 would likely trigger a surge toward the next key psychological target near $110,000. On the downside, a loss of $103,600 opens the door for a deeper pullback toward $100,000\u2014an area of strong psychological and structural demand.<\/p>\n

Featured image from Dall-E, chart from TradingView<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Bitcoin is trading above the key psychological level of $100,000, but the bullish momentum that drove prices higher in recent weeks has cooled as BTC fails to reclaim resistance near $105,000. After a sharp rally that saw Bitcoin surge more than 40% from its April 9th low, price action is now consolidating and testing demand. […]<\/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-27223","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\/27223","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=27223"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/27223\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=27223"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=27223"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=27223"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}