#On-Chain Data
2 tagPage.articles
Deep Market Analysis July 13: BTC Consolidates at $64K, 200-Week MA Confirmed for 4th Day, Whales Accumulate 270,000 BTC ($16.7B) in 2 Weeks, Loss-Making Supply Exceeds Profit-Making Supply for First Time This Cycle — Historic Bottom Signal, Triple Catalyst Week Ahead
Bitcoin consolidates in a tight $63.7K-$64.2K range (flat), forming a pattern of 'resistance above, support below' at the $64K level. The 200-week MA ($62,445) has been confirmed for the 4th consecutive day — the most important medium-term bullish signal. On-chain data reveals whales accumulated 270,000 BTC ($16.7B) in the past two weeks, dwarfing combined ETF outflows and Strategy sales. BTC's loss-making supply (54%) has exceeded profit-making supply for the first time this cycle — a classic historical bottom signal that preceded 90%-500% rallies in prior cycles. Exchange balance falls to 6.6% — a 7-year low. CLARITY Act odds at 40% constitute the main structural headwind. CPI data, CLARITY hearings, and the FOMC decision form a triple catalyst this week.
Deep Market Analysis July 11: BTC Breaks Above $64K, Trump Media's $95.9M BTC Buy + CLARITY Act Fuel Weekend Rally, Exchange BTC Balance at Historic 6.6% Low, CPI Next Week to Decide Direction
Bitcoin breaks above $64K (+1.4%), extending the rally to +10.7% from the July 1 low of $57,950. Trump Media's 1,500 BTC purchase ($95.9M) and CLARITY Act progress provide dual positive catalysts. The 200-week MA ($62,445) has been reclaimed. Exchange BTC balance drops to 6.6% — the lowest since 2017. VIX plunges to 15.03 as fear rapidly recedes. Next week's CPI (July 14) and the FOMC decision (July 28-29) will determine whether $64K becomes the new floor or a temporary peak.