{"id":655681,"date":"2024-11-30T07:30:57","date_gmt":"2024-11-30T07:30:57","guid":{"rendered":"https:\/\/ktsl888.com\/?p=655681"},"modified":"2024-11-29T15:05:41","modified_gmt":"2024-11-29T15:05:41","slug":"data-shows-selling-pressure-mounts-on-bitcoin-is-the-bull-run-at-risk","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/bitcoin-news\/data-shows-selling-pressure-mounts-on-bitcoin-is-the-bull-run-at-risk\/","title":{"rendered":"Data Shows Selling Pressure Mounts On Bitcoin: Is The Bull Run at Risk?"},"content":{"rendered":"<p data-pm-slice=\"1 1 []\">Despite Bitcoin maintaining investor confidence by holding above critical psychological levels like $90,000, the asset faces notable <a href=\"https:\/\/ktsl888.com\/bitcoin-news\/binance-data-reveals-bitcoin-profit-trends-is-the-bull-run\/\" target=\"_blank\" rel=\"noopener \">shift in market sentiment<\/a>.<\/p>\n<p data-pm-slice=\"1 1 []\">A CryptoQuant analyst, G a a h, recently shared <a href=\"https:\/\/cryptoquant.com\/insights\/quicktake\/674988e3f175a343704bc940-Increasing-sales-pressure-on-the-market\" target=\"_blank\" rel=\"noopener nofollow\">insights<\/a> indicating heightened selling pressure within the market, which could signal caution for traders. At the core of this analysis is the delta between buy and sell taker volumes\u2014a key metric used to <a href=\"https:\/\/ktsl888.com\/bitcoin-news\/is-now-the-time-to-buy-bitcoin-on-chain-data-reveals-key-indicators\/\" target=\"_blank\" rel=\"noopener \">gauge the market\u2019s behaviour<\/a>.<\/p>\n<div class=\"related-reading-shortcode\">Related Reading: <a href=\"https:\/\/ktsl888.com\/bitcoin-news\/is-now-the-time-to-buy-bitcoin-on-chain-data-reveals-key-indicators\/\" target=\"_blank\" rel=\"noopener \">Is Now The Time To Buy Bitcoin? On-Chain Data Reveals Key Indicators<\/a><\/div>\n<h2 data-pm-slice=\"1 1 []\">Bitcoin Faces Increased Selling Pressure<\/h2>\n<p data-pm-slice=\"1 1 []\">According to the analyst, the buy and sell taker ratio metric has reached levels comparable to those recorded in July 2024. This marks a period of heightened selling activity, attributed to profit-taking by investors, market uncertainty, or mass liquidations.<\/p>\n<figure style=\"width: 1280px\" class=\"wp-caption aligncenter\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/img.cryptoquant.com\/3285\/quicktake\/XoBC62i_9461eefa9b19f0a23b166f412d5d0825ea819237eca6f034e2b7bde43aa2b246.png?resize=1280%2C634&#038;ssl=1\" alt=\"Bitcoin buy and sell taker ratio.\" width=\"1280\" height=\"634\"><figcaption class=\"wp-caption-text\">Bitcoin buy and sell taker ratio. | Source: CryptoQuant<\/figcaption><\/figure>\n<p data-pm-slice=\"1 1 []\">The analyst noted that these developments coincide with an uptick in volatility and aggressive actions in the futures market. Notably, $430 million in long positions were liquidated within a week, highlighting the significant reaction from sellers.<\/p>\n<figure style=\"width: 1280px\" class=\"wp-caption aligncenter\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/img.cryptoquant.com\/3285\/quicktake\/CTlKb_33761a265dade9a033a3c8019129c7d258f763255f1f5442e4ab295511be5959.png?resize=1280%2C720&#038;ssl=1\" alt=\"Bitcoin long liquidations. \" width=\"1280\" height=\"720\"><figcaption class=\"wp-caption-text\">Bitcoin long liquidations. | Source: CryptoQuant<\/figcaption><\/figure>\n<p data-pm-slice=\"1 1 []\">G a a h also revealed that the liquidation of long positions, which reached its fourth-highest peak in 2024, has had a notable effect on Bitcoin\u2019s price behaviour.<\/p>\n<p data-pm-slice=\"1 1 []\">This volume of liquidation often result in a &#8220;redistribution of capital,&#8221; leading to temporary reversals or consolidation phases, the CryptoQuant analyst noted. Historically, these liquidation-driven price movements have also acted as pivotal moments, either <a href=\"https:\/\/ktsl888.com\/bitcoin-news\/glassnodes-bitcoin-seller-exhaustion-bottom\/\" target=\"_blank\" rel=\"noopener \">reinforcing support levels<\/a> or triggering further sell-offs.<\/p>\n<h2 data-pm-slice=\"1 1 []\">Outlook and Precautions For BTC Traders<\/h2>\n<p>The analyst pointed out that sustained selling pressure could <a href=\"https:\/\/ktsl888.com\/bitcoin-news\/bitcoin-price-dip-triggers-alert-on-nvt-golden-cross-heres-what-to-watch-for\/\" target=\"_blank\" rel=\"noopener \">negatively influence<\/a> Bitcoin\u2019s price trajectory in the short term. As such, continuous monitoring of market indicators and risk management is important for investors aiming to navigate these conditions. G a a h added:<\/p>\n<blockquote><p>Defensive strategies [such as reducing leverage and setting stop-losses] and continuous monitoring of the market are recommended to avoid excessive exposure at this time of dominant selling pressure.<\/p><\/blockquote>\n<p>Meanwhile, Bitcoin has continued with its positive performance. Over the past day, the asset has increased by 1.6% bringing its<a href=\"https:\/\/ktsl888.com\/bitcoin-news\/holiday-hype-bitcoin-set-for-thanksgiving-rebound-to-99000-analyst-says\/\" target=\"_blank\" rel=\"noopener \"> price above $97,000<\/a>. Although Bitcoin is still 2.7% decrease away from its all-time high (ATH) of $99,645, there appears to still be a form of bullish sentiment in its market.<\/p>\n<figure style=\"width: 2770px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"size-medium\" src=\"https:\/\/www.tradingview.com\/x\/cKTujtlk\/\" alt=\"Bitcoin (BTC) price chart on TradingView\" width=\"2770\" height=\"1556\"><figcaption class=\"wp-caption-text\">BTC price is moving upwards on the 2-hour chart. Source: BTC\/USDT on<a href=\"https:\/\/www.tradingview.com\/chart\/HSuSIPeM\/?symbol=BINANCE%3ABTCUSDT.P\" target=\"_blank\" rel=\"noopener nofollow\"> TradingView.com<\/a><\/figcaption><\/figure>\n<p>According to recent analysis from renowned crypto analyst known as Javon Marks on X, Bitcoin&#8217;s 2-hour time frame on the chart has &#8220;confirmed&#8221; a notable bullish signal. This confirmation makes the rally to $100,000 price mark imminent and the current target at $116,652.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\"><a href=\"https:\/\/twitter.com\/hashtag\/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener nofollow\">#Bitcoin<\/a> (BTC)&#8217;s 2h chart has confirmed a high conviction signal for a full recovery and continuation!<\/p>\n<p>Movement above $100,000 can be coming, IMMINENTLY \ud83e\udde8<\/p>\n<p>Current Target Remains @ $116,652 <a href=\"https:\/\/t.co\/7ifdmnuR8d\" target=\"_blank\" rel=\"noopener nofollow\">pic.twitter.com\/7ifdmnuR8d<\/a><\/p>\n<p>\u2014 JAVON\u26a1\ufe0fMARKS (@JavonTM1) <a href=\"https:\/\/twitter.com\/JavonTM1\/status\/78708400?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener nofollow\">November 28, 2024<\/a><\/p><\/blockquote>\n<p>Featured image created with DALL-E, Chart from TradingView<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Despite Bitcoin maintaining investor confidence by holding above critical psychological levels like $90,000, the asset faces notable shift in market sentiment. A CryptoQuant analyst, G a a h, recently shared insights indicating heightened selling pressure within the market, which could signal caution for traders. At the core of this analysis is the delta between buy and sell taker volumes\u2014a key metric used to gauge the market\u2019s behaviour. Related Reading: Is Now The Time To Buy Bitcoin? On-Chain Data Reveals Key Indicators Bitcoin Faces Increased Selling Pressure According to the analyst, the buy and sell taker ratio metric has reached levels comparable to those recorded in July 2024. This marks a period of heightened selling activity, attributed to profit-taking by investors, market uncertainty, or mass liquidations. The analyst noted that these developments coincide with an uptick in volatility and aggressive actions in the futures market. Notably, $430 million in long positions were liquidated within a week, highlighting the significant reaction from sellers. G a a h also revealed that the liquidation of long positions, which reached its fourth-highest peak in 2024, has had a notable effect on Bitcoin\u2019s price behaviour. This volume of liquidation often result in a &#8220;redistribution of capital,&#8221; leading to temporary reversals or consolidation phases, the CryptoQuant analyst noted. Historically, these liquidation-driven price movements have also acted as pivotal moments, either reinforcing support levels or triggering further sell-offs. Outlook and Precautions For BTC Traders The analyst pointed out that sustained selling pressure could negatively influence Bitcoin\u2019s price trajectory in the short term. As such, continuous monitoring of market indicators and risk management is important for investors aiming to navigate these conditions. G a a h added: Defensive strategies [such as reducing leverage and setting stop-losses] and continuous monitoring of the market are recommended to avoid excessive exposure at this time of dominant selling pressure. Meanwhile, Bitcoin has continued with its positive performance. Over the past day, the asset has increased by 1.6% bringing its price above $97,000. Although Bitcoin is still 2.7% decrease away from its all-time high (ATH) of $99,645, there appears to still be a form of bullish sentiment in its market. According to recent analysis from renowned crypto analyst known as Javon Marks on X, Bitcoin&#8217;s 2-hour time frame on the chart has &#8220;confirmed&#8221; a notable bullish signal. This confirmation makes the rally to $100,000 price mark imminent and the current target at $116,652. #Bitcoin (BTC)&#8217;s 2h chart has confirmed a high conviction signal for a full recovery and continuation! Movement above $100,000 can be coming, IMMINENTLY \ud83e\udde8 Current Target Remains @ $116,652 pic.twitter.com\/7ifdmnuR8d \u2014 JAVON\u26a1\ufe0fMARKS (@JavonTM1) November 28, 2024 Featured image created with DALL-E, Chart from TradingView<\/p>\n","protected":false},"author":580,"featured_media":655690,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[88240],"tags":[428,629,1119,78790,6664,10923,83531],"class_list":["post-655681","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin-news","tag-bitcoin","tag-bitcoin-market","tag-btc","tag-btcusdt","tag-crypto","tag-crypto-market","tag-cryptoquant"],"acf":[],"yoast_head":"\n<title>Data Shows Selling Pressure Mounts On Bitcoin: Is The Bull Run at Risk?<\/title>\n<meta name=\"description\" content=\"Despite Bitcoin maintaining investor confidence by holding above critical psychological levels like $90,000, the asset faces notable shift...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ktsl888.com\/bitcoin-news\/data-shows-selling-pressure-mounts-on-bitcoin-is-the-bull-run-at-risk\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Data Shows Selling Pressure Mounts On Bitcoin: Is The Bull Run at Risk?\" \/>\n<meta property=\"og:description\" content=\"Despite Bitcoin maintaining investor confidence by holding above critical psychological levels like $90,000, the asset faces notable shift...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ktsl888.com\/bitcoin-news\/data-shows-selling-pressure-mounts-on-bitcoin-is-the-bull-run-at-risk\/\" \/>\n<meta property=\"og:site_name\" content=\"NewsBTC\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/newsbtc\" \/>\n<meta property=\"article:published_time\" content=\"2024-11-30T07:30:57+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-11-29T15:05:41+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/11\/DALL\u00b7E-2024-11-29-15.07.54-A-detailed-digital-illustration-showcasing-Bitcoin-under-selling-pressure-with-Bitcoin-coins-surrounded-by-a-red-downward-arrow-symbolizing-selling-p.jpg?fit=1024%2C1024\" \/>\n\t<meta property=\"og:image:width\" content=\"1024\" \/>\n\t<meta property=\"og:image:height\" content=\"1024\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Samuel Edyme\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@0xEdyme\" \/>\n<meta name=\"twitter:site\" content=\"@newsbtc\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Samuel Edyme\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/ktsl888.com\/bitcoin-news\/data-shows-selling-pressure-mounts-on-bitcoin-is-the-bull-run-at-risk\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/ktsl888.com\/bitcoin-news\/data-shows-selling-pressure-mounts-on-bitcoin-is-the-bull-run-at-risk\/\"},\"author\":{\"name\":\"Samuel Edyme\",\"@id\":\"https:\/\/ktsl888.com\/#\/schema\/person\/d19b5f18d945fb75e71771134d0e2500\"},\"headline\":\"Data Shows Selling Pressure Mounts On Bitcoin: Is The Bull Run at Risk?\",\"datePublished\":\"2024-11-30T07:30:57+00:00\",\"dateModified\":\"2024-11-29T15:05:41+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/ktsl888.com\/bitcoin-news\/data-shows-selling-pressure-mounts-on-bitcoin-is-the-bull-run-at-risk\/\"},\"wordCount\":496,\"publisher\":{\"@id\":\"https:\/\/ktsl888.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/ktsl888.com\/bitcoin-news\/data-shows-selling-pressure-mounts-on-bitcoin-is-the-bull-run-at-risk\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/11\/DALL\u00b7E-2024-11-29-15.07.54-A-detailed-digital-illustration-showcasing-Bitcoin-under-selling-pressure-with-Bitcoin-coins-surrounded-by-a-red-downward-arrow-symbolizing-selling-p.jpg?fit=1024%2C1024\",\"keywords\":[\"bitcoin\",\"bitcoin market\",\"btc\",\"BTCUSDT\",\"crypto\",\"crypto market\",\"cryptoquant\"],\"articleSection\":[\"Bitcoin News\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2024\",\"copyrightHolder\":{\"@id\":\"https:\/\/ktsl888.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/ktsl888.com\/bitcoin-news\/data-shows-selling-pressure-mounts-on-bitcoin-is-the-bull-run-at-risk\/\",\"url\":\"https:\/\/ktsl888.com\/bitcoin-news\/data-shows-selling-pressure-mounts-on-bitcoin-is-the-bull-run-at-risk\/\",\"name\":\"Data Shows Selling Pressure Mounts On Bitcoin: Is The Bull Run at Risk?\",\"isPartOf\":{\"@id\":\"https:\/\/ktsl888.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/ktsl888.com\/bitcoin-news\/data-shows-selling-pressure-mounts-on-bitcoin-is-the-bull-run-at-risk\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/ktsl888.com\/bitcoin-news\/data-shows-selling-pressure-mounts-on-bitcoin-is-the-bull-run-at-risk\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/11\/DALL\u00b7E-2024-11-29-15.07.54-A-detailed-digital-illustration-showcasing-Bitcoin-under-selling-pressure-with-Bitcoin-coins-surrounded-by-a-red-downward-arrow-symbolizing-selling-p.jpg?fit=1024%2C1024\",\"datePublished\":\"2024-11-30T07:30:57+00:00\",\"dateModified\":\"2024-11-29T15:05:41+00:00\",\"description\":\"Despite Bitcoin maintaining investor confidence by holding above critical psychological levels like $90,000, the asset faces notable shift...\",\"breadcrumb\":{\"@id\":\"https:\/\/ktsl888.com\/bitcoin-news\/data-shows-selling-pressure-mounts-on-bitcoin-is-the-bull-run-at-risk\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/ktsl888.com\/bitcoin-news\/data-shows-selling-pressure-mounts-on-bitcoin-is-the-bull-run-at-risk\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ktsl888.com\/bitcoin-news\/data-shows-selling-pressure-mounts-on-bitcoin-is-the-bull-run-at-risk\/#primaryimage\",\"url\":\"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/11\/DALL\u00b7E-2024-11-29-15.07.54-A-detailed-digital-illustration-showcasing-Bitcoin-under-selling-pressure-with-Bitcoin-coins-surrounded-by-a-red-downward-arrow-symbolizing-selling-p.jpg?fit=1024%2C1024\",\"contentUrl\":\"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/11\/DALL\u00b7E-2024-11-29-15.07.54-A-detailed-digital-illustration-showcasing-Bitcoin-under-selling-pressure-with-Bitcoin-coins-surrounded-by-a-red-downward-arrow-symbolizing-selling-p.jpg?fit=1024%2C1024\",\"width\":1024,\"height\":1024,\"caption\":\"Data Shows Selling Pressure Mounts on Bitcoin: Is the Bull Run at Risk?\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/ktsl888.com\/bitcoin-news\/data-shows-selling-pressure-mounts-on-bitcoin-is-the-bull-run-at-risk\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/ktsl888.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Data Shows Selling Pressure Mounts On Bitcoin: Is The Bull Run at Risk?\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/ktsl888.com\/#website\",\"url\":\"https:\/\/ktsl888.com\/\",\"name\":\"NewsBTC\",\"description\":\"Bitcoin &amp; 지노사이트 Today\",\"publisher\":{\"@id\":\"https:\/\/ktsl888.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/ktsl888.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/ktsl888.com\/#organization\",\"name\":\"NewsBTC\",\"url\":\"https:\/\/ktsl888.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ktsl888.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ktsl888.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"contentUrl\":\"https:\/\/ktsl888.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"width\":157,\"height\":46,\"caption\":\"NewsBTC\"},\"image\":{\"@id\":\"https:\/\/ktsl888.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/newsbtc\",\"https:\/\/x.com\/newsbtc\",\"https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/ktsl888.com\/#\/schema\/person\/d19b5f18d945fb75e71771134d0e2500\",\"name\":\"Samuel Edyme\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ktsl888.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/0740dd47da0842fb4beb4895ce9022b4?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/0740dd47da0842fb4beb4895ce9022b4?s=96&d=mm&r=g\",\"caption\":\"Samuel Edyme\"},\"description\":\"Meet Samuel Edyme, Nickname - HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme\u2019s foray into the crypto universe is nothing short of cinematic. His journey began not with a triumphant investment, but with a scam. Yes, a Ponzi scheme that used crypto as payment roped him in. Rather than retreating, he emerged wiser and more determined, channeling his experience into over three years of insightful market analysis. Before becoming the voice of reason in the crypto space, Edyme was the quintessential crypto degen. He aped into anything that promised a quick buck, anything ape-able, learning the ropes the hard way. These hands-on experience through major market events\u2014like the Terra Luna crash, the wave of bankruptcies in crypto firms, the notorious FTX collapse, and even CZ\u2019s arrest\u2014has honed his keen sense of market dynamics. When he isn\u2019t crafting engaging crypto content, you\u2019ll find Edyme backtesting charts, studying both forex and synthetic indices. His dedication to mastering the art of trading is as relentless as his pursuit of the next big story. Away from his screens, he can be found in the gym, airpods in, working out and listening to his favorite artist, NF. Or maybe he\u2019s catching some Z\u2019s or scrolling through Elon Musk\u2019s very own X platform\u2014(oops, another screen activity, my bad\u2026) Well, being an introvert, Edyme thrives in the digital realm, preferring online interaction over offline encounters\u2014(don\u2019t judge, that\u2019s just how he is built). His determination is quite unwavering to be honest, and he embodies the philosophy of continuous improvement, or \u201ckaizen,\u201d striving to be 1% better every day. His mantras, \u201cGod knows best\u201d and \u201cEverything is still on track,\u201d reflect his resilient outlook and how he lives his life. In a nutshell, Samuel Edyme was born efficient, driven by ambition, and perhaps a touch fierce. He\u2019s neither artistic nor unrealistic, and certainly not chauvinistic. Think of him as Bruce Willis in a train wreck\u2014unflappable. Edyme is like trading in your car for a jet\u2014bold. He\u2019s the guy who\u2019d ask his boss for a pay cut just to prove a point\u2014(uhhh\u2026). He is like watching your kid take his first steps. Imagine Bill Gates struggling with rent\u2014okay, maybe that\u2019s a stretch, but you get the idea, yeah. Unbelievable? Yes. Inconceivable? Perhaps. Edyme sees himself as a fairly reasonable guy, albeit a bit stubborn. Normal to you is not to him. He is not the one to take the easy road, and why would he? That\u2019s just not the way he roll. He has these favorite lyrics from NF\u2019s \u201cClouds\u201d that resonate deeply with him: \u201cWhat you think's probably unfeasible, I've done already a hundredfold.\u201d PS\u2014Edyme is HIM. HIM-buktu. Him-mulation. Him-Kardashian. Himon and Pumba. He even had his DNA tested, and guess what? He\u2019s 100% Him-alayan. Screw it, he ate the opp.\",\"sameAs\":[\"https:\/\/x.com\/0xEdyme\"],\"url\":\"https:\/\/ktsl888.com\/author\/samueledymeabayomi\/\"}]}<\/script>\n","yoast_head_json":{"title":"Data Shows Selling Pressure Mounts On Bitcoin: Is The Bull Run at Risk?","description":"Despite Bitcoin maintaining investor confidence by holding above critical psychological levels like $90,000, the asset faces notable shift...","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/ktsl888.com\/bitcoin-news\/data-shows-selling-pressure-mounts-on-bitcoin-is-the-bull-run-at-risk\/","og_locale":"en_US","og_type":"article","og_title":"Data Shows Selling Pressure Mounts On Bitcoin: Is The Bull Run at Risk?","og_description":"Despite Bitcoin maintaining investor confidence by holding above critical psychological levels like $90,000, the asset faces notable shift...","og_url":"https:\/\/ktsl888.com\/bitcoin-news\/data-shows-selling-pressure-mounts-on-bitcoin-is-the-bull-run-at-risk\/","og_site_name":"NewsBTC","article_publisher":"https:\/\/www.facebook.com\/newsbtc","article_published_time":"2024-11-30T07:30:57+00:00","article_modified_time":"2024-11-29T15:05:41+00:00","og_image":[{"width":1024,"height":1024,"url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/11\/DALL\u00b7E-2024-11-29-15.07.54-A-detailed-digital-illustration-showcasing-Bitcoin-under-selling-pressure-with-Bitcoin-coins-surrounded-by-a-red-downward-arrow-symbolizing-selling-p.jpg?fit=1024%2C1024","type":"image\/jpeg"}],"author":"Samuel Edyme","twitter_card":"summary_large_image","twitter_creator":"@0xEdyme","twitter_site":"@newsbtc","twitter_misc":{"Written by":"Samuel Edyme","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/ktsl888.com\/bitcoin-news\/data-shows-selling-pressure-mounts-on-bitcoin-is-the-bull-run-at-risk\/#article","isPartOf":{"@id":"https:\/\/ktsl888.com\/bitcoin-news\/data-shows-selling-pressure-mounts-on-bitcoin-is-the-bull-run-at-risk\/"},"author":{"name":"Samuel Edyme","@id":"https:\/\/ktsl888.com\/#\/schema\/person\/d19b5f18d945fb75e71771134d0e2500"},"headline":"Data Shows Selling Pressure Mounts On Bitcoin: Is The Bull Run at Risk?","datePublished":"2024-11-30T07:30:57+00:00","dateModified":"2024-11-29T15:05:41+00:00","mainEntityOfPage":{"@id":"https:\/\/ktsl888.com\/bitcoin-news\/data-shows-selling-pressure-mounts-on-bitcoin-is-the-bull-run-at-risk\/"},"wordCount":496,"publisher":{"@id":"https:\/\/ktsl888.com\/#organization"},"image":{"@id":"https:\/\/ktsl888.com\/bitcoin-news\/data-shows-selling-pressure-mounts-on-bitcoin-is-the-bull-run-at-risk\/#primaryimage"},"thumbnailUrl":"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/11\/DALL\u00b7E-2024-11-29-15.07.54-A-detailed-digital-illustration-showcasing-Bitcoin-under-selling-pressure-with-Bitcoin-coins-surrounded-by-a-red-downward-arrow-symbolizing-selling-p.jpg?fit=1024%2C1024","keywords":["bitcoin","bitcoin market","btc","BTCUSDT","crypto","crypto market","cryptoquant"],"articleSection":["Bitcoin News"],"inLanguage":"en-US","copyrightYear":"2024","copyrightHolder":{"@id":"https:\/\/ktsl888.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/ktsl888.com\/bitcoin-news\/data-shows-selling-pressure-mounts-on-bitcoin-is-the-bull-run-at-risk\/","url":"https:\/\/ktsl888.com\/bitcoin-news\/data-shows-selling-pressure-mounts-on-bitcoin-is-the-bull-run-at-risk\/","name":"Data Shows Selling Pressure Mounts On Bitcoin: Is The Bull Run at Risk?","isPartOf":{"@id":"https:\/\/ktsl888.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/ktsl888.com\/bitcoin-news\/data-shows-selling-pressure-mounts-on-bitcoin-is-the-bull-run-at-risk\/#primaryimage"},"image":{"@id":"https:\/\/ktsl888.com\/bitcoin-news\/data-shows-selling-pressure-mounts-on-bitcoin-is-the-bull-run-at-risk\/#primaryimage"},"thumbnailUrl":"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/11\/DALL\u00b7E-2024-11-29-15.07.54-A-detailed-digital-illustration-showcasing-Bitcoin-under-selling-pressure-with-Bitcoin-coins-surrounded-by-a-red-downward-arrow-symbolizing-selling-p.jpg?fit=1024%2C1024","datePublished":"2024-11-30T07:30:57+00:00","dateModified":"2024-11-29T15:05:41+00:00","description":"Despite Bitcoin maintaining investor confidence by holding above critical psychological levels like $90,000, the asset faces notable shift...","breadcrumb":{"@id":"https:\/\/ktsl888.com\/bitcoin-news\/data-shows-selling-pressure-mounts-on-bitcoin-is-the-bull-run-at-risk\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/ktsl888.com\/bitcoin-news\/data-shows-selling-pressure-mounts-on-bitcoin-is-the-bull-run-at-risk\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ktsl888.com\/bitcoin-news\/data-shows-selling-pressure-mounts-on-bitcoin-is-the-bull-run-at-risk\/#primaryimage","url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/11\/DALL\u00b7E-2024-11-29-15.07.54-A-detailed-digital-illustration-showcasing-Bitcoin-under-selling-pressure-with-Bitcoin-coins-surrounded-by-a-red-downward-arrow-symbolizing-selling-p.jpg?fit=1024%2C1024","contentUrl":"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/11\/DALL\u00b7E-2024-11-29-15.07.54-A-detailed-digital-illustration-showcasing-Bitcoin-under-selling-pressure-with-Bitcoin-coins-surrounded-by-a-red-downward-arrow-symbolizing-selling-p.jpg?fit=1024%2C1024","width":1024,"height":1024,"caption":"Data Shows Selling Pressure Mounts on Bitcoin: Is the Bull Run at Risk?"},{"@type":"BreadcrumbList","@id":"https:\/\/ktsl888.com\/bitcoin-news\/data-shows-selling-pressure-mounts-on-bitcoin-is-the-bull-run-at-risk\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/ktsl888.com\/"},{"@type":"ListItem","position":2,"name":"Data Shows Selling Pressure Mounts On Bitcoin: Is The Bull Run at Risk?"}]},{"@type":"WebSite","@id":"https:\/\/ktsl888.com\/#website","url":"https:\/\/ktsl888.com\/","name":"NewsBTC","description":"Bitcoin &amp; 지노사이트 Today","publisher":{"@id":"https:\/\/ktsl888.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/ktsl888.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/ktsl888.com\/#organization","name":"NewsBTC","url":"https:\/\/ktsl888.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ktsl888.com\/#\/schema\/logo\/image\/","url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","contentUrl":"https:\/\/ktsl888.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","width":157,"height":46,"caption":"NewsBTC"},"image":{"@id":"https:\/\/ktsl888.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/newsbtc","https:\/\/x.com\/newsbtc","https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw"]},{"@type":"Person","@id":"https:\/\/ktsl888.com\/#\/schema\/person\/d19b5f18d945fb75e71771134d0e2500","name":"Samuel Edyme","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ktsl888.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/0740dd47da0842fb4beb4895ce9022b4?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/0740dd47da0842fb4beb4895ce9022b4?s=96&d=mm&r=g","caption":"Samuel Edyme"},"description":"Meet Samuel Edyme, Nickname - HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme\u2019s foray into the crypto universe is nothing short of cinematic. His journey began not with a triumphant investment, but with a scam. Yes, a Ponzi scheme that used crypto as payment roped him in. Rather than retreating, he emerged wiser and more determined, channeling his experience into over three years of insightful market analysis. Before becoming the voice of reason in the crypto space, Edyme was the quintessential crypto degen. He aped into anything that promised a quick buck, anything ape-able, learning the ropes the hard way. These hands-on experience through major market events\u2014like the Terra Luna crash, the wave of bankruptcies in crypto firms, the notorious FTX collapse, and even CZ\u2019s arrest\u2014has honed his keen sense of market dynamics. When he isn\u2019t crafting engaging crypto content, you\u2019ll find Edyme backtesting charts, studying both forex and synthetic indices. His dedication to mastering the art of trading is as relentless as his pursuit of the next big story. Away from his screens, he can be found in the gym, airpods in, working out and listening to his favorite artist, NF. Or maybe he\u2019s catching some Z\u2019s or scrolling through Elon Musk\u2019s very own X platform\u2014(oops, another screen activity, my bad\u2026) Well, being an introvert, Edyme thrives in the digital realm, preferring online interaction over offline encounters\u2014(don\u2019t judge, that\u2019s just how he is built). His determination is quite unwavering to be honest, and he embodies the philosophy of continuous improvement, or \u201ckaizen,\u201d striving to be 1% better every day. His mantras, \u201cGod knows best\u201d and \u201cEverything is still on track,\u201d reflect his resilient outlook and how he lives his life. In a nutshell, Samuel Edyme was born efficient, driven by ambition, and perhaps a touch fierce. He\u2019s neither artistic nor unrealistic, and certainly not chauvinistic. Think of him as Bruce Willis in a train wreck\u2014unflappable. Edyme is like trading in your car for a jet\u2014bold. He\u2019s the guy who\u2019d ask his boss for a pay cut just to prove a point\u2014(uhhh\u2026). He is like watching your kid take his first steps. Imagine Bill Gates struggling with rent\u2014okay, maybe that\u2019s a stretch, but you get the idea, yeah. Unbelievable? Yes. Inconceivable? Perhaps. Edyme sees himself as a fairly reasonable guy, albeit a bit stubborn. Normal to you is not to him. He is not the one to take the easy road, and why would he? That\u2019s just not the way he roll. He has these favorite lyrics from NF\u2019s \u201cClouds\u201d that resonate deeply with him: \u201cWhat you think's probably unfeasible, I've done already a hundredfold.\u201d PS\u2014Edyme is HIM. HIM-buktu. Him-mulation. Him-Kardashian. Himon and Pumba. He even had his DNA tested, and guess what? He\u2019s 100% Him-alayan. Screw it, he ate the opp.","sameAs":["https:\/\/x.com\/0xEdyme"],"url":"https:\/\/ktsl888.com\/author\/samueledymeabayomi\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Data Shows Selling Pressure Mounts On Bitcoin: Is The Bull Run at Risk?","url":"http:\/\/ktsl888.com\/bitcoin-news\/data-shows-selling-pressure-mounts-on-bitcoin-is-the-bull-run-at-risk\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/ktsl888.com\/bitcoin-news\/data-shows-selling-pressure-mounts-on-bitcoin-is-the-bull-run-at-risk\/"},"thumbnailUrl":"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/11\/DALL\u00b7E-2024-11-29-15.07.54-A-detailed-digital-illustration-showcasing-Bitcoin-under-selling-pressure-with-Bitcoin-coins-surrounded-by-a-red-downward-arrow-symbolizing-selling-p.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/11\/DALL\u00b7E-2024-11-29-15.07.54-A-detailed-digital-illustration-showcasing-Bitcoin-under-selling-pressure-with-Bitcoin-coins-surrounded-by-a-red-downward-arrow-symbolizing-selling-p.jpg?fit=1024%2C1024"},"articleSection":"Bitcoin News","author":[{"@type":"Person","name":"Samuel Edyme"}],"creator":["Samuel Edyme"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/ktsl888.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["bitcoin","bitcoin market","btc","btcusdt","crypto","crypto market","cryptoquant"],"dateCreated":"2024-11-30T07:30:57Z","datePublished":"2024-11-30T07:30:57Z","dateModified":"2024-11-30T07:30:57Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Data Shows Selling Pressure Mounts On Bitcoin: Is The Bull Run at Risk?\",\"url\":\"http:\\\/\\\/ktsl888.com\\\/bitcoin-news\\\/data-shows-selling-pressure-mounts-on-bitcoin-is-the-bull-run-at-risk\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/ktsl888.com\\\/bitcoin-news\\\/data-shows-selling-pressure-mounts-on-bitcoin-is-the-bull-run-at-risk\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2024\\\/11\\\/DALL\\u00b7E-2024-11-29-15.07.54-A-detailed-digital-illustration-showcasing-Bitcoin-under-selling-pressure-with-Bitcoin-coins-surrounded-by-a-red-downward-arrow-symbolizing-selling-p.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2024\\\/11\\\/DALL\\u00b7E-2024-11-29-15.07.54-A-detailed-digital-illustration-showcasing-Bitcoin-under-selling-pressure-with-Bitcoin-coins-surrounded-by-a-red-downward-arrow-symbolizing-selling-p.jpg?fit=1024%2C1024\"},\"articleSection\":\"Bitcoin News\",\"author\":[{\"@type\":\"Person\",\"name\":\"Samuel Edyme\"}],\"creator\":[\"Samuel Edyme\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"bitcoin\",\"bitcoin market\",\"btc\",\"btcusdt\",\"crypto\",\"crypto market\",\"cryptoquant\"],\"dateCreated\":\"2024-11-30T07:30:57Z\",\"datePublished\":\"2024-11-30T07:30:57Z\",\"dateModified\":\"2024-11-30T07:30:57Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/ktsl888.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/11\/DALL\u00b7E-2024-11-29-15.07.54-A-detailed-digital-illustration-showcasing-Bitcoin-under-selling-pressure-with-Bitcoin-coins-surrounded-by-a-red-downward-arrow-symbolizing-selling-p.jpg?fit=1024%2C1024","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts\/655681","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/users\/580"}],"replies":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/comments?post=655681"}],"version-history":[{"count":2,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts\/655681\/revisions"}],"predecessor-version":[{"id":655722,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts\/655681\/revisions\/655722"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/media\/655690"}],"wp:attachment":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/media?parent=655681"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/categories?post=655681"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/tags?post=655681"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}