$BTC

📈 Bitcoin activity indicators show the market cycle is ongoing Binance

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According to PANews, analyst TXMCtrades on platform X indicated that Bitcoin activity indicators are witnessing a continuous rise, suggesting that the current market cycle has not yet ended, despite the recent price decline.

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🔍 What is "Bitcoin activity"?

It is the total of spending and holding on the blockchain, reflecting the real trading volume versus long-term holding.

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When currencies are actively traded ➜ activity rises

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When holding long-term ➜ activity declines

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🔸 In bullish markets: activity rises as Bitcoin moves into new hands at higher prices, reflecting new liquidity and capital entering.

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🔸 In this cycle: despite the price drop, activity remains strongly elevated, indicating underlying demand for immediate Bitcoin that does not directly show on the price chart.

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⚡ The analyst confirms that activity often lags behind price movement but remains an important momentum indicator.

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👥 Data also shows that large entities (whales) are moving within the market, but without revealing their identities.