{"id":75799,"date":"2026-03-11T06:33:16","date_gmt":"2026-03-11T06:33:16","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=75799"},"modified":"2026-03-11T06:33:16","modified_gmt":"2026-03-11T06:33:16","slug":"months-more-bitcoin-consolidation-expected-as-long-term-holder-activity-decreases","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=75799","title":{"rendered":"Months More Bitcoin Consolidation Expected as Long-term Holder Activity Decreases"},"content":{"rendered":"<div>\n<p>Bitcoin didn\u2019t remain above $70,000 for long and has fallen back below it in early trading on Wednesday morning.\u00a0Resistance was too strong, and it has returned to the middle of its five-week range-bound channel.<\/p>\n<p>Long-term holder activity has decreased significantly, declining to levels typically seen during bear markets, according to CryptoQuant analyst \u2018Darkfost\u2019 on X on Wednesday.<\/p>\n<p>They added that this decline in activity \u201creflects a reduction in selling pressure, which likely helps Bitcoin continue consolidating.\u201d<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\"><img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/16.0.1\/72x72\/1f4c9.png\" alt=\"\ud83d\udcc9\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"> LTH activity has decreased significantly, to the point where it has returned to levels typically seen during bear markets.<\/p>\n<p>This chart shows the monthly total of BTC spent by LTHs.<br \/>\n\u2070Be careful when interpreting the spike in November, as it corresponds to the period when\u2026 <a href=\"https:\/\/t.co\/kXIRnpukdy\">pic.twitter.com\/kXIRnpukdy<\/a><\/p>\n<p>\u2014 Darkfost (@Darkfost_Coc) <a href=\"https:\/\/twitter.com\/Darkfost_Coc\/status\/2031484489164013901?ref_src=twsrc%5Etfw\">March 10, 2026<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<h2>Months of Boring Sideways Markets<\/h2>\n<p>Analyst \u2018Daan Crypto Trades\u2019 <a href=\"https:\/\/x.com\/DaanCrypto\/status\/2031461246940361099\">observed<\/a> that it has been another week where BTC\u2019s price closed below the 200-week exponential moving average, a very long-term trend indicator.\u00a0He added that it tried to get back above it on this push early in the week, but failed, falling back below $70,000.<\/p>\n<p>Meanwhile, the bull market support band is \u201cmoving down rapidly and will meet the price relatively quickly, as long as it keeps hovering around here,\u201d he added.\u00a0This could <a href=\"https:\/\/cryptopotato.com\/bitcoins-leverage-ratio-drops-sharply-is-a-healthier-market-reset-underway\/\">result<\/a> in months of consolidation and sideways markets.<\/p>\n<blockquote>\n<p>\u201cMy base case is still that we will spend quite a while in this larger, let\u2019s say ~$60K-$80K region. Could easily take several months before we see a decisive move again, I think.\u201d<\/p>\n<\/blockquote>\n<p>\u201cBack and forth. Back and forth. That\u2019s the current rhythm of Bitcoin,\u201d <a href=\"https:\/\/x.com\/CryptoMichNL\/status\/2031456807705612291\">commented<\/a> MN Fund founder Micha\u00ebl van de Poppe on Tuesday. \u201cNo breakout, but the longer it stays in here, the stronger the move will be,\u201d he added.<\/p>\n<p>Meanwhile, \u2018RedHotTrade\u2019 <a href=\"https:\/\/x.com\/RedHotTrade\/status\/2031565284704760114\">said<\/a> Bitcoin is \u201ccompressing between $60,000 and $70,000 and \u201cmultiple technical patterns are forming at once.\u201d<\/p>\n<blockquote>\n<p>\u201cWhen several patterns point to the same breakout level, the move that follows is often explosive.\u201d<\/p>\n<\/blockquote>\n<p>Analyst Matt Hughes observed that BTC price keeps getting rejected just above $71,000, \u201cso we can\u2019t celebrate a real breakout until weekly candles close above this level.\u201d<\/p>\n<h2>Crypto Market Outlook<\/h2>\n<p>Crypto markets are flat on the day with total capitalization remaining at $2.45 trillion, close to where it has been since early February.<\/p>\n<p>Bitcoin was <a href=\"https:\/\/cryptopotato.com\/hyperliquid-hype-rockets-by-double-digits-bitcoin-btc-tops-71k-market-watch\/\">rejected<\/a> at $71,600 on Tuesday and had fallen back to $69,600 at the time of writing. Meanwhile, Ether prices remained tightly coiled just above $2,000, slowly eroding previous minor gains.<\/p>\n<p>The post <a href=\"https:\/\/cryptopotato.com\/months-more-bitcoin-consolidation-expected-as-long-term-holder-activity-decreases\/\">Months More Bitcoin Consolidation Expected as Long-term Holder Activity Decreases<\/a> appeared first on <a href=\"https:\/\/cryptopotato.com\/\" rel=\"nofollow\">CryptoPotato<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin didn\u2019t remain above $70,000 for long and has fallen back below it in early trading on Wednesday morning.\u00a0Resistance was too strong, and it has returned to the middle of its five-week range-bound channel. Long-term holder activity has decreased significantly, declining to levels typically seen during bear markets, according to CryptoQuant analyst \u2018Darkfost\u2019 on X [&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-75799","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\/75799","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=75799"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/75799\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=75799"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=75799"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=75799"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}