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Bitcoin in Retreat: Institutional Buying Movement Indicates Structural Support
Bitcoin retreated to the US$ 87,500 range, marking a significant correction after the all-time highs above US$ 100,000. However, on-chain indicators suggest that this decline is part of a natural consolidation cycle in the market. According to cryptocurrency experts’ analyses, the price shows typical dynamics of periods when large investors are repositioning their portfolios.
On-Chain Indicators Reveal Smart Accumulation
Blockchain data show an interesting pattern during this retracement: whales (large holders) added approximately US$ 500 million in Bitcoin in recent movements, demonstrating institutional confidence in the asset. Simultaneously, exchange balances have fallen 15% over the past year, indicating that investors prefer to hold their Bitcoin in personal custody rather than leave them on trading platforms.
This behavior is emblematic of a mature market, where big players use dips to increase their strategic positions.
Mining Cost as Support Floor
An important structural factor is the mining cost, estimated at around US$ 71,000. This level acts as a natural technical support, as miners tend to sell only above this threshold to cover operational costs. Thus, prices significantly below this value would create supply imbalances, acting as a natural buffer against deeper declines.
Historical Buying During Retracements
Looking at market history, holders who have been accumulating Bitcoin since 2015 maintain a rebalancing pattern during dips. Professionals monitoring price movements identify US$ 75,000 not as a collapse warning but as a potential opportunity zone for those operating with a long-term vision.
The current turbulence reflects less a systemic risk and more a natural adjustment in a dynamic and evolving market.
Current Bitcoin price (updated on January 13): US$ 92.27K with a positive variation of +1.85% in 24 hours.