ARK Flags Bearish Bitcoin Signal Despite BTC Price Stability
The post ARK Flags Bearish Bitcoin Signal Despite BTC Price Stability appeared on BitcoinEthereumNews.com. In brief Bitcoin’s on-chain momentum is turning bearish with declining capital flows and fewer new buyers entering the market in Q2. Long-term holder conviction remains strong, with 74% of Bitcoin supply held by addresses active for 155+ days. That’s a 15-year high. Bitcoin dominance has risen to 65% as altcoins underperform, while BTC trades at $109,000 above key support levels. Bitcoin’s on-chain momentum is looking bearish—and could turn negative unless prices continue to rise, according to an ARK Invest report. Capital flows decreased during the second quarter, with the number of new buyers entering the market continuing to decline. ARK Invest analysts wrote that data suggests Bitcoin’s market-value-to-realized-value, or MVRV ratio, is currently near the two-year moving average. That’s a stark contrast to the positive momentum that has dominated 2024 and much of 2025. Bitcoin has failed to reach fresh all-time highs since May, despite the S&P 500 notching several new records over the past month. Despite this, ARK Invest argues there are reasons for Bitcoin traders to be cheerful. The number of long-term BTC holders has accelerated to a 15-year high indicating “growing market conviction” in this cryptocurrency’s role as a store of value. Addresses that have held Bitcoin for at least 155 days now represent 74% of total supply. At the time of writing, Bitcoin is trading at about $109,000. That contrasts with its main zone of support between $96,000 and $99,000, which means many short-term holders are sitting on paper profits. Its current price is also considerably above the 200-day moving average of $96,278, and the on-chain mean of $71,393. BTC’s share of the overall crypto market is also trending higher as altcoins underperform—reaching 65% for the first time since late 2020. Looking at the wider economy, ARK Invest noted that inflation is continually surprising to…
The post ARK Flags Bearish Bitcoin Signal Despite BTC Price Stability appeared on BitcoinEthereumNews.com.
In brief Bitcoin’s on-chain momentum is turning bearish with declining capital flows and fewer new buyers entering the market in Q2. Long-term holder conviction remains strong, with 74% of Bitcoin supply held by addresses active for 155+ days. That’s a 15-year high. Bitcoin dominance has risen to 65% as altcoins underperform, while BTC trades at $109,000 above key support levels. Bitcoin’s on-chain momentum is looking bearish—and could turn negative unless prices continue to rise, according to an ARK Invest report. Capital flows decreased during the second quarter, with the number of new buyers entering the market continuing to decline. ARK Invest analysts wrote that data suggests Bitcoin’s market-value-to-realized-value, or MVRV ratio, is currently near the two-year moving average. That’s a stark contrast to the positive momentum that has dominated 2024 and much of 2025. Bitcoin has failed to reach fresh all-time highs since May, despite the S&P 500 notching several new records over the past month. Despite this, ARK Invest argues there are reasons for Bitcoin traders to be cheerful. The number of long-term BTC holders has accelerated to a 15-year high indicating “growing market conviction” in this cryptocurrency’s role as a store of value. Addresses that have held Bitcoin for at least 155 days now represent 74% of total supply. At the time of writing, Bitcoin is trading at about $109,000. That contrasts with its main zone of support between $96,000 and $99,000, which means many short-term holders are sitting on paper profits. Its current price is also considerably above the 200-day moving average of $96,278, and the on-chain mean of $71,393. BTC’s share of the overall crypto market is also trending higher as altcoins underperform—reaching 65% for the first time since late 2020. Looking at the wider economy, ARK Invest noted that inflation is continually surprising to…
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