Bitcoin big holders have started buying again after two tough months when they sold a lot. This new turn has changed the mood in the market. Data shows that big wallets holding large amounts of Bitcoin have picked up more than forty seven thousand coins in the first week of December. This comes right after they sold a huge amount in the last part of October and through November.
This new buying has helped the price settle a bit. It has also stopped the sharp fall that was building from the earlier selling. But the rise is not strong yet because small buyers are still grabbing every dip. This keeps the market from moving up with full strength. The situation is a bit mixed right now. Both big holders and small holders are buying. This usually gives slow and steady movement instead of a strong push in one direction.
In the past when small holders slowed down their buying and even started selling the price rose faster. That is because big holders were able to collect more coins at better levels. Right now small holders are still very active. They keep stepping in whenever the price drops. This builds a small roadblock because it keeps the market from resetting the way big holders prefer.
We can see signs of support in the latest price trend. Bitcoin tested above ninety two thousand earlier in the week then moved back down to around eighty nine thousand where buyers came in again. The flow of coins is now showing more strength. Some indicators are also pointing to fresh buying pressure at lower levels. Since late November the price has been setting higher lows and this shows that some balance is forming after the heavy selling of the last two months.
Still the market needs one more turn for a strong breakout. Big holders must keep buying and small holders need to slow down or start selling. That is the mix that has led to sharp rises before. When small holders sell big holders take those coins and the price then has room to move up without much resistance.
Right now we are not seeing that shift yet. Big holders are showing trust again but small holders are still jumping in on every small dip. So the market may move up little by little instead of making a strong push. Many traders are watching the area between ninety five thousand and one hundred thousand because this range has been a ceiling for a while. A breakout above that level will need more supply from small holders and more steady buying from big holders.
For now the market looks calm with a slow rise. The base looks healthy because big holders are back in buying mode. But the strong breakout will only come if small holders stop pressing the buy button on every fall. Until that happens Bitcoin is likely to move higher at a slow pace rather than taking off fast.
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