Bitcoin Price Prediction: Binance On-Chain Data Shows Rare Bullish Divergence at $90K — Can BTC Explode Past $100K Next?
As Bitcoin consolidates within the $90,000-$91,000 vary, on-chain information from Binance reveals an uncommon bullish divergence in dealer conduct concerning promoting versus shopping for exercise.
Rather than liquidating positions, the bulk are aggressively withdrawing cash from the trade, main the Bitcoin price prediction to sign a possible breakout above $100,000.
Bitcoin Deposits Hit 8-Year Low, Creating Supply Shock
According to charts from CryptoOnchain, the 30-day Exponential Moving Average (EMA-30) of Exchange Withdrawal Transactions on Binance skilled a considerable spike, reaching 3,100 day by day transactions on December third.
“This marks the best degree of withdrawal exercise noticed since May 2018,” the analyst famous.
The metric signifies a rising variety of buyers are transferring belongings to chilly storage, demonstrating a long-term holding technique, slightly than short-term buying and selling hypothesis.
Even extra outstanding is the sell-side conduct. While withdrawals surge, the 30-day shifting common of depositing transactions to Binance has fallen to its lowest degree since 2017, dropping to roughly 320 transactions.
The huge divergence, the place withdrawals hit a 7-year peak whereas deposits attain an 8-year low, creates a textbook “Supply Shock” situation.
“This conduct signifies excessive conviction amongst buyers who imagine the value discovery part is much from over,” CryptoOnchain concluded.
Technical Structure Shows Range-Bound Consolidation
Bitcoin continues buying and selling inside a broad one-year vary, with latest weekly candles positioning the value close to the vary low round $80,000-$81,000.
The chart identifies substantial resistance between $117,000 and $122,000, however the market should first reclaim the mid-range degree close to $109,000, an space that has constantly capped rallies since mid-2025.
Only a decisive weekly shut above $109,000 would reopen pathways towards a bigger bullish construction.
Meanwhile, weekly shifting averages are starting to flatten, and value at present trades beneath the 20-week and 50-week MAs, indicating momentum stays subdued.
If Bitcoin loses the $80,000 help, the chart reveals a large demand zone between $62,000 and $71,000 as the following vital space the place patrons might set up a backside.
Until then, value will seemingly vary sideways with a slight bearish tendency until bulls recuperate $109,000 and reverse momentum of their favor.
Pepenode Raised Over $2.3M To Position for Meme Coin Mania
If Bitcoin lastly breaks via $109,000 and begins climbing once more, meme cash like Pepenode (PEPENODE) might expertise one other explosive rally.
Pepenode is a brand new crypto mission that’s already raised over $2.3 million regardless of difficult market situations.
It’s a recreation the place you possibly can “mine” cash while not having costly pc tools.
You play the sport in your internet browser, arrange digital mining nodes, and improve your amenities to earn $PEPENODE tokens.
The mission is replicating PEPE’s success technique, which surged over 1,000x throughout Bitcoin’s rally from $27,000 to over $64,000 through the 2023-24 run.
As extra individuals begin buying Pepenode’s mining rigs, the token value is anticipated to rise quickly.
To be part of the presale earlier than the value will increase, go to the official Pepenode website and join a crypto pockets like Best Wallet.
You should purchase tokens now for $0.001192 every and pay with crypto cash like ETH, BNB, or USDT.
You also can use a daily credit score or debit card to finish your buy in simply seconds.
Visit the Official Pepenode Website Here
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