Bitcoin Surges to $52,000 with Positive Signals

Bitcoin has experienced a remarkable 21% surge in the past week, reaching $52,000 for the first time since December 2021. This substantial price increase can be attributed primarily to the increasing inflow of capital into Bitcoin ETF funds.

Bitcoin Surges To $52,000 With Positive Signals_65d5d239ed764.webp

Bitcoin surged to nearly $52,000, marking its highest price since December 2021. Major financial institutions continue to bolster their reserves with Bitcoin, even as its value increased by 21% in the past week.

In the last seven days, Bitcoin experienced a 21% surge, reaching $52,000 for the first time since December 2021. The primary driver behind this price increase is the growing influx of capital into Bitcoin ETF funds, reaching a peak of $631.3 million in February.

According to Glassnode, the short-term holder supply is decreasing. If these conditions persist, Bitcoin’s price could surpass $55,000. Short-term holders, those who purchased Bitcoin less than six months ago, significantly increased the volume of their Bitcoin on exchanges, averaging 49,504 Bitcoin per day in the past week. In comparison, long-term holders only sent 2,023 BTC per day during the same period, indicating that short-term holders are the primary sellers. Although 79% of the supply is held by long-term holders, the potential for rapid sell-offs remains.

1707962055
1707962055

Notably, all holders have been sellers in the past 7 days, except for very large whales holding over 100 BTC, likely representing institutional entities. These investors have added a total of 20,168 BTC, valued at over 1 billion USD, possibly driven by institutions issuing Bitcoin ETF Spot such as BlackRock, Fidelity, BitWise, Ark 21Shares, and others. Data indicates an increasing demand for ETF products as Bitcoin prices rise, providing strong support for the upward momentum.

This data demonstrates that the increase beyond $55,000 is no longer solely reliant on retail flows. Consequently, indicators reflecting previous outcomes, such as Google search trends or the “Fear and Greed Index,” may not accurately capture the risk tolerance of institutional investors and the subsequent demand for Bitcoin.

Short-term Bitcoin holders quickly deposited funds into exchanges, but the price surged from $42,900 to $52,000 within 7 days, representing a 21% increase. Unless long-term holders decide to partially cash in their holdings, all signs point to a weakening supply, creating conditions for further upward movement towards $55,000.

(100 votes)

5.0/5

(100 votes)
  1. Avatar of odpri racun na binance
    odpri racun na binance

    Can you be more specific about the content of your article? After reading it, I still have some doubts. Hope you can help me.

Comments are closed.

Latest

Us China Trade Truce Sparks Bitcoin Rally

News | Bitcoin | Editor Choice

US-China Trade Truce Sparks Bitcoin Rally

The easing of US-China trade tensions has injected new momentum into the cryptocurrency market, propelling Bitcoin’s rally ahead of a pivotal week filled with major economic and diplomatic events.

Satoshi Era Bitcoin Whale Awakens After 14 Years

News | Bitcoin | Editor Choice

Satoshi-Era Bitcoin Whale Awakens After 14 Years

A “Satoshi-era” Bitcoin whale has suddenly awakened after more than 14 years of silence, sparking a wave of speculation about the real motive behind its move of 150 BTC worth tens of millions of dollars.

Binance Spot Bitcoin Trading Volume Surges

News | Bitcoin | Editor Choice

Binance Spot Bitcoin Trading Volume Surges, Signaling Possible Market Recovery

Binance’s Spot Bitcoin trading volume has unexpectedly surged amid whale sell-offs and widespread liquidations, signaling renewed accumulation and a potential recovery in Bitcoin’s price in the near future.

Bitcoin’s Two Failed Rallies Signal Weakness

News | Bitcoin | Editor Choice

Bitcoin’s Two Failed Rallies Signal Weakness

The Bitcoin (BTC) market is entering a tense phase as bullish momentum fades after two consecutive failed recovery attempts. While the price still holds key support levels, on-chain data suggests the market may be shifting toward accumulation, with long-term holders (LTHs) quietly building their positions.

Bitcoin Heads Into November With Two Pivotal Catalysts

News | Bitcoin | Editor Choice

Bitcoin Heads Into November with Two Pivotal Catalysts

Bitcoin enters November amid unpredictable volatility, as the upcoming CPI report and FOMC meeting could become the decisive catalysts shaping its price trend in Q4.

Screenshot 2025 10 20 091338