{"id":26377,"date":"2025-06-30T05:49:14","date_gmt":"2025-06-30T05:49:14","guid":{"rendered":"https:\/\/www.europesays.com\/us\/26377\/"},"modified":"2025-06-30T05:49:14","modified_gmt":"2025-06-30T05:49:14","slug":"is-bitcoin-due-for-a-pullback-these-key-datasets-suggest","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/us\/26377\/","title":{"rendered":"Is Bitcoin due for a pullback? &#8211; THESE key datasets suggest&#8230;"},"content":{"rendered":"<ul>\n<li style=\"font-weight: 400;\">Bitcoin\u2019s network valuation outpaces activity as demand weakens and supply pressure rises.<\/li>\n<li style=\"font-weight: 400;\">Exchange inflows and negative DAA divergence suggest selling risks persist despite price stability.<\/li>\n<\/ul>\n<p><a href=\"https:\/\/ambcrypto.com\/predictions\/bitcoin-price-prediction\" target=\"_blank\" rel=\"noopener nofollow\" data-wpel-link=\"internal\">Bitcoin\u2019s [BTC] <\/a>market environment has become increasingly fragile, with key demand metrics flipping bearish while supply-side signals intensify across several indicators. <\/p>\n<p>At the time of writing, Bitcoin traded at $108,129.78, reflecting a modest 0.68% gain in the last 24 hours.\u00a0<\/p>\n<p>However, this uptick contrasts sharply with underlying on-chain weakness. Apparent Demand, which measures the ability of new buyers to absorb supply from miners and long-term holders, has turned negative again.\u00a0<\/p>\n<p>This shift highlights renewed distribution from experienced holders and miners, exposing Bitcoin to short-term downside risks amid fading organic demand and limited new capital inflow.<\/p>\n<p><a href=\"https:\/\/www.europesays.com\/us\/wp-content\/uploads\/2025\/06\/NCXcHULG_a92c28c33b43d64a34f22527dc59c9489b4f67fd6a2179d5d7563495ef57237b.webp.webp\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-506533\" class=\"wp-image-506533 size-full\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\" http:=\"\" alt=\"\" width=\"1280\" height=\"720\" data-lazy- data-lazy- data-lazy-src=\"https:\/\/www.europesays.com\/us\/wp-content\/uploads\/2025\/06\/NCXcHULG_a92c28c33b43d64a34f22527dc59c9489b4f67fd6a2179d5d7563495ef57237b.webp.webp\"\/><\/a><\/p>\n<p id=\"caption-attachment-506533\" class=\"wp-caption-text\">Source: CryptoQuant<\/p>\n<p><b>Are rising miner profits and valuation metrics flashing early warning signs?<\/b><\/p>\n<p>At the time of writing, the Puell Multiple <a href=\"https:\/\/cryptoquant.com\/asset\/btc\/chart\/network-indicator\" target=\"_blank\" rel=\"noopener nofollow external noreferrer\" data-wpel-link=\"external\">jumped<\/a> 25.73% to 1.26, indicating that miners are now significantly more profitable than usual, often a precursor to increased selling pressure.\u00a0<\/p>\n<p>Simultaneously, Bitcoin\u2019s NVT Ratio also spiked 84.17% to 55.17, showing that market cap is outpacing transaction volume. This is a common signal of overvaluation.\u00a0<\/p>\n<p>Together, these metrics suggest that while price remains elevated, underlying network activity and supply dynamics are misaligned.\u00a0<\/p>\n<p>This imbalance could expose Bitcoin to a pullback, especially if demand fails to absorb coins, miners may soon offload into the market. Caution is advised amid these rising warning signs.<\/p>\n<p><a href=\"https:\/\/www.europesays.com\/us\/wp-content\/uploads\/2025\/06\/Bitcoin-NVT-Ratio-7.png\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-506537\" class=\"wp-image-506537 size-full\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\" http:=\"\" alt=\"\" width=\"2560\" height=\"1440\" data-lazy- data-lazy- data-lazy-src=\"https:\/\/www.europesays.com\/us\/wp-content\/uploads\/2025\/06\/Bitcoin-NVT-Ratio-7.png\"\/><\/a><\/p>\n<p id=\"caption-attachment-506537\" class=\"wp-caption-text\">Source: CryptoQuant<\/p>\n<p><b>Are profitable holders reducing the likelihood of strong support?<\/b><\/p>\n<p>As of writing, over 98.82% of UTXOs were in profit, while only 1.17% were in loss, signaling that most holders sit on unrealized gains.\u00a0<\/p>\n<p>Although this could suggest strength, it also means fewer market participants are incentivized to buy the dip.\u00a0<\/p>\n<p>Moreover, such a skewed profit\/loss distribution often precedes local tops, where profit-taking becomes widespread.\u00a0<\/p>\n<p>The lack of loss-heavy holders also weakens psychological support zones, making price floors less reliable.<\/p>\n<p><a href=\"https:\/\/www.europesays.com\/us\/wp-content\/uploads\/2025\/06\/Bitcoin-UTXOs-in-Loss-1.png\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-506536\" class=\"wp-image-506536 size-full\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\" http:=\"\" alt=\"\" width=\"2560\" height=\"1440\" data-lazy- data-lazy- data-lazy-src=\"https:\/\/www.europesays.com\/us\/wp-content\/uploads\/2025\/06\/Bitcoin-UTXOs-in-Loss-1.png\"\/><\/a><\/p>\n<p id=\"caption-attachment-506536\" class=\"wp-caption-text\"><a href=\"https:\/\/cryptoquant.com\/asset\/btc\/chart\/network-indicator\" target=\"_blank\" rel=\"noopener nofollow external noreferrer\" data-wpel-link=\"external\">Source: CryptoQuant<\/a><\/p>\n<p><b>Are positive netflows a warning sign for upcoming sell pressure?<\/b><\/p>\n<p>At press time, BTC registered a net inflow of $57.5 million\u2014the first notable positive flow in a sea of outflows.\u00a0<\/p>\n<p>Exchange netflows turning green signal that investors may be preparing to sell, as more coins are being deposited onto exchanges.\u00a0<\/p>\n<p>This shift in exchange activity could indicate a reversal in market sentiment, with holders moving from accumulation to distribution.\u00a0<\/p>\n<p>Given the backdrop of weak demand and overbought signals, rising exchange deposits could apply additional pressure on BTC\u2019s price if followed by increased sell orders.\u00a0<\/p>\n<p><a href=\"https:\/\/www.europesays.com\/us\/wp-content\/uploads\/2025\/06\/Screenshot-2025-06-29-130010.png\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-506539\" class=\"wp-image-506539 size-full\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\" http:=\"\" alt=\"\" width=\"2101\" height=\"609\" data-lazy- data-lazy- data-lazy-src=\"https:\/\/www.europesays.com\/us\/wp-content\/uploads\/2025\/06\/Screenshot-2025-06-29-130010.png\"\/><\/a><\/p>\n<p id=\"caption-attachment-506539\" class=\"wp-caption-text\"><a href=\"https:\/\/www.coinglass.com\/currencies\/BTC\" target=\"_blank\" rel=\"noopener nofollow external noreferrer\" data-wpel-link=\"external\">Source: CoinGlass<\/a><\/p>\n<p><b>Can BTC rally while active address growth remains bearish?<\/b><\/p>\n<p>Despite BTC\u2019s price hovering near $108K, the DAA divergence chart remains deeply red. <\/p>\n<p>This shows that growth in active addresses continues to lag behind price action, signaling that speculative price moves are not being backed by real user adoption.\u00a0<\/p>\n<p>Historically, negative DAA divergence has foreshadowed corrections, especially when price climbs while address activity stagnates or declines.\u00a0<\/p>\n<p>The current extended red zone in divergence raises concern that market strength is surface-level and lacks fundamental support.\u00a0<\/p>\n<p><a href=\"https:\/\/www.europesays.com\/us\/wp-content\/uploads\/2025\/06\/Bitcoin-BTC-13.02.13-29-Jun-2025.png\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-506535\" class=\"size-full wp-image-506535\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\" http:=\"\" alt=\"\" width=\"2560\" height=\"867\" data-lazy- data-lazy- data-lazy-src=\"https:\/\/www.europesays.com\/us\/wp-content\/uploads\/2025\/06\/Bitcoin-BTC-13.02.13-29-Jun-2025.png\"\/><\/a><\/p>\n<p id=\"caption-attachment-506535\" class=\"wp-caption-text\"><a href=\"https:\/\/app.santiment.net\/charts\/8kiJTpxc__sCl\" target=\"_blank\" rel=\"noopener nofollow external noreferrer\" data-wpel-link=\"external\">Source: Santiment<\/a><\/p>\n<p><b>Can BTC sustain its price without real demand?<\/b><\/p>\n<p>Bitcoin continues to trade above $108K, but multiple on-chain signals point to growing weakness beneath the surface.<\/p>\n<p>Rising miner profitability, positive exchange netflows, and a surging NVT Ratio indicate increasing sell-side pressure and possible overvaluation.<\/p>\n<p>Meanwhile, negative DAA divergence and a high percentage of profitable UTXOs suggest limited buyer support.<\/p>\n<p>Without a meaningful recovery in demand and network activity, BTC could face heightened volatility and struggle to sustain its current position in the near term.<\/p>\n<p>\u00a0<\/p>\n<p>\t\t\t\t\t\t\t\t\t\t\tNext: <a href=\"https:\/\/ambcrypto.com\/chainlink-bulls-beware-could-link-be-topping-out-at\/\" rel=\"prev nofollow noopener\" data-wpel-link=\"internal\" target=\"_blank\">Chainlink bulls beware! \u2013 Could LINK be topping out at $13.4?<\/a>\t\t\t\t\t\t\t\t\t\t<\/p>\n","protected":false},"excerpt":{"rendered":"Bitcoin\u2019s network valuation outpaces activity as demand weakens and supply pressure rises. Exchange inflows and negative DAA divergence&hellip;\n","protected":false},"author":3,"featured_media":26378,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[3244,64,67,132,68],"class_list":{"0":"post-26377","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business","8":"tag-ambcrypto","9":"tag-business","10":"tag-united-states","11":"tag-unitedstates","12":"tag-us"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@us\/114770750151694289","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/26377","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/comments?post=26377"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/26377\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media\/26378"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media?parent=26377"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/categories?post=26377"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/tags?post=26377"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}