Numerous speculators anticipate that the entire cryptocurrency market will experience a bullish year in 2025. Due to the significant selling pressure that Bitcoin (BTC) experienced on day one, many are concerned that the flagship cryptocurrency will not be able to surpass $95,000. Bitcoin’s Struggle Against, At BeIn Crypto, we analyze key signs to determine the short-term price prognosis for Bitcoin.
Others doubt Bitcoin’s uptrend
After the 2024 US presidential election, the Bitcoin Premium Index reached 0.14. Monitors the Premium Index to determine if US investors are selling in bulk or under severe buying pressure. High values like November’s suggest strong selling pressure. As of now, the index is -0.22, its lowest level in a year.
US Bitcoin investors are selling, as this huge drop shows. Regardless, Bitcoin’s price rose. Last day, it rose 2.06% to $95,318. If these investors keep selling Bitcoin, the trend may reverse and cryptocurrency prices may decrease. Crypto analyst Burak Kesmeci claimed this modification may make Bitcoin’s price climb harder.
Bitcoin Price/DAA Divergence
Prices and Daily Active Addresses (DAA) differ, supporting this hypothesis. This indicator measures blockchain user engagement and price fluctuation. Bitcoin’s Battle to Surpass A positive value indicates higher user interaction, which is excellent for the coin. Bitcoin’s Struggle Against, A negative reading indicates declining user engagement, so it’s not all good. Bitcoin’s price DAA divergence has reduced to 231%, supporting the second scenario.
If this trend continues, Bitcoin may fall below $95,000. Bitcoin price DAA divergence occurs when the price of Bitcoin moves in the opposite direction of its Daily Active Addresses (DAA). A rising price with stagnant or falling DAA may signal a lack of network growth or investor enthusiasm while increasing DAA alongside rising prices suggests strong market activity and adoption.
Bitcoin Could Fall Below $90k
Bitcoin’s recent gains may be short-lived, according to the exponential moving average (EMA). Compared to price, the exponential moving average (EMA) shows a trend direction. A negative trend is shown by exponential moving average (EMA) slopes above the price. A bullish trend occurs when the price rises above the indicator.
Since cryptocurrency prices are below the 20-day exponential moving average (blue), they may fall further. Bitcoin may drop to $85,851 if it fails to break the 20 EMA and selling pressure increases. Bitcoin’s Struggle Against, This trend may change if US purchasers pressure Bitcoin prices. Such circumstances could boost the coin’s value to $108,398.
Summary
Due to heavy selling pressure, Bitcoin may struggle to exceed $95,000, but the crypto sector should do well in 2025. The Bitcoin Struggle to Surpass Premium Index is at a year-low, indicating US investors are selling. Bitcoin gained 2.06%, but selling might reverse it. The price-Daily Active Addresses (DAA) gap demonstrates decreased user activity, hurting Bitcoin’s price. Bitcoin may fall below $95,000 to $85,851 without US buyers raising it to $108,398.
