$BTC Bitcoin May Be Close to Ending Its Correction — Just One Move Left
Bitcoin has been in a slow correction since its October peak, dropping around 13% in 30 days. But now, for the first time in this entire pullback, on-chain data is showing clear signs that the correction may be nearly over.
Short-Term Holders Are Capitulating
CryptoQuant data shows short-term holders are selling at heavy losses. This behavior usually occurs near the end of a correction, not the middle.
HODL Waves confirm this: the 1-day to 1-week age band dropped from 6.2% of supply to just 2% — a huge 68% decline, meaning weak hands have already exited.
Massive Exchange Outflows Support the Reversal
On November 27, exchanges saw +5,103 BTC inflow.
By December 10, the flow completely flipped to –43,292 BTC outflow — more than 8× swing.
A similar flip happened in mid-September, right before Bitcoin rallied to new highs above $126k.
Now the same setup is forming again:
short-term panic + huge outflows = possible trend shift.
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Price Needs One Break Above $94,140
Bitcoin is trading inside a symmetrical triangle, meaning even a small move can break the pattern.
✔ Bullish confirmation:
A daily close above $94,140 — just a 4% move from current levels — could trigger a breakout.
Targets would be $97,320 and $101,850.
✔ Key supports:
• $90,180
• $87,010
• $80,640 (major bullish structure breaks below this)
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Final Takeaway
Momentum is improving.
On-chain signals show exhaustion selling is nearly complete, and exchange outflows are rising fast.
Bitcoin now needs one strong push to flip the entire trend and potentially start a new rally.
