{"id":14311,"date":"2025-08-08T15:46:15","date_gmt":"2025-08-08T14:46:15","guid":{"rendered":"https:\/\/investx.fr\/en\/?p=14311"},"modified":"2025-08-08T15:46:16","modified_gmt":"2025-08-08T14:46:16","slug":"bitcoin-breaks-116000-barrier-signaling-a-fragile-recovery","status":"publish","type":"post","link":"https:\/\/investx.fr\/en\/crypto-news\/bitcoin-breaks-116000-barrier-signaling-a-fragile-recovery\/","title":{"rendered":"Bitcoin breaks $116,000 barrier, signaling a fragile recovery"},"content":{"rendered":"\n

Bitcoin : Balanced Flows and Profit-Taking Shape the Market<\/h2>\n\n\n\n

During the recent price surge, investors acquired over 120,000 BTC<\/a><\/strong> within the $112,000 to $114,000<\/strong> price range. This accumulation indicates strong buying interest at these levels. Currently, Bitcoin is trading around $116,600<\/strong>, just above the significant resistance zone between $116,000 and $117,000<\/strong>.<\/p>\n\n\n\n

\"Bitcoin
Source: TradingView<\/figcaption><\/figure>\n\n\n\n

We’re now awaiting a clear test<\/strong> of the current zone before a potential continuation of the uptrend. Meanwhile, long-term holders have realized $44.5 million in profits<\/strong> over the past 48 hours. This demonstrates that a segment of the market remains cautious in this area.<\/p>\n\n\n\n

According to Glassnode<\/em> data, the supply in the zone between $110,000 and $116,000<\/strong> is limited. This creates a kind of vacuum zone without solid support, increasing the risk of a rapid decline<\/strong> if buying pressure diminishes. Maintaining levels above $116,000<\/strong> in the coming trading days will therefore be crucial to consolidate the recent breakthrough.<\/p>\n\n\n\n

Mixed Network Activity<\/h2>\n\n\n\n

Bitcoin’s<\/a> on-chain activity remains volatile<\/strong>. The number of new addresses recently dropped to 131,000<\/strong>, while transaction count decreased to 219,000<\/strong>. This decline indicates reduced network usage, which is often associated with weakening price momentum.<\/p>\n\n\n\n

However, data from CoinGlass<\/em> shows a positive spot flow of $33.25 million<\/strong> recorded on August 7, potentially signaling renewed buyer interest. Historically, larger and more sustainable rallies are often accompanied by increased network activity and consistent capital inflows.<\/p>\n\n\n\n

Although breaking through $116,000<\/strong> is a positive technical signal, the market remains divided. For a convincing progression toward $120,000<\/strong> and potentially new all-time highs, a combination of higher transaction volumes, steady flows, and increased network participation will be necessary. Without these factors, the risk of correction remains<\/strong>.<\/p>\n\n\n\n

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Buy Bitcoin on Bitget !<\/a><\/div>\n<\/div>\n\n\n\n

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