NewsBTC
Aug 3, 2025
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Bitcoin Price Tracking Above Historical Growth Path Amid Active New Traders

Bitcoin's recent price movement has been steady, diverging from previous volatile rallies. Currently trading above its historical growth trajectory, it remains below levels that indicate overheating.

Bitcoin Growth On Course

  • Bitcoin is following a Power Law trend indicating gradual logarithmic growth.
  • The price is above the expected growth line, with no signs of overheating.
  • Current divergence indicators are positive but not at bubble levels.

Divergence Allows Potential Gains

  • Staying below critical thresholds suggests potential for further price increases.
  • Bitcoin is approximately $50,000 below its recent peak, indicating room for upward movement.
  • 86% of spent Bitcoin volume comes from short-term holders, while long-term holders account for only 14.5%.

Long-Term Holders Remain Steady

  • The disparity between short-term and long-term holders indicates strong conviction among long-term investors.
  • Bitcoin traded around $114,113 after a recent high of $118K.
  • The Relative Strength Index (RSI) fell to 43, showing reduced bullish momentum.

Market Cooling Indicates Maturity

  • Current signals suggest a cooling market rather than a collapse.
  • Traders are taking profits without exiting the market en masse.
  • The market appears to be maturing with continued potential for growth.