Expert Identifies Key Bitcoin Buying Zone for Substantial Gains
April 3, 2025
An expert has identified a key Bitcoin buying zone around $65K, arguing that activities within this range could lead to substantial gains.
Bitcoin has faced challenges breaking through key resistance levels, particularly around the $85,000 mark. As of today, the price of Bitcoin stands at $83,131.52, marking a 1.27% decline in the last 24 hours and a 4.85% drop over the past week.
Despite the setbacks, significant support levels continue to pose buying opportunities. According to CryptoQuant’s analyst Boris Vest, the Active Realized Price, excluding long-dormant coins, is around $71,000.
This price point has been a key support level in recent market activities. In addition, the True Market Mean Price, a more refined estimate, places the lower boundary of the support zone at $65,000.
With this zone in place, the analyst anticipates that if Bitcoin’s price falls further, the support range could absorb significant selling pressure driven by institutional demand.
Ultimately, Boris Vest highlighted that Bitcoin’s critical support zone lies between $65,000 and $71,000. In his words:
“Buying Bitcoin within this range could potentially lead to substantial gains.”
Furthermore, Vest noted that while weaker hands might be selling at these levels, larger, more experienced investors, or “strong hands,” are likely accumulating Bitcoin. Typically, institutional interest and large-holder buying reduce the Bitcoin supply, a precursor to price surges.
Bitcoin’s Strong Support Zone
“Our current strong and nearby support zone lies between $65,000 and $71,000… While weak hands may be selling in this area, strong hands are likely looking to accumulate and open new positions.” – By@Fundingvest
Link ⤵️ https://t.co/BadaSboZAtpic.twitter.com/kgKNDpwFqf
— CryptoQuant.com (@cryptoquant_com) April 2, 2025
Massive Influx into Bitcoin by Large Holders
Recent data from IntoTheBlock shows increased activity among large Bitcoin holders. Over the last 7, 30, and 90 days, these investors’ inflows into Bitcoin surged significantly, with growth rates of 8445.62%, 864.27%, and 205.53%, respectively.
This influx points to a clear trend of institutional accumulation, underscoring the ongoing demand for Bitcoin despite the price volatility.
Elsewhere, separate CryptoQuant data highlighted that several public companies significantly added Bitcoin to their balance sheets in Q1 2025. MicroStrategy, the largest corporate holder of Bitcoin, acquired 81,785 BTC, spending approximately $8 billion.
Other notable companies included Tether, which purchased 8,888 BTC, and Metaplanet, which added 2,285 BTC.
Despite these substantial purchases, Bitcoin’s price declined from $94,400 to $82,500. This contradiction between rising corporate purchases and falling prices raises questions about other market forces at play.
Public companies added 91,781 BTC to their balance sheets in Q1 2025… yet Bitcoin fell from $94.4K to $82.5K.
Who’s buying? Why the drop? What’s next?
This thread breaks it down. Let’s dig in
— CryptoQuant.com (@cryptoquant_com) April 2, 2025
Long-Term Holders Contribute to Market Pressure
Meanwhile, long-term holders of Bitcoin have contributed to the downward pressure in the market. In Q1 2025, their supply dropped by 178,000 BTC, offsetting the corporate buys and adding further sell pressure.
The situation worsened with a significant outflow from Bitcoin exchange-traded funds (ETFs), which saw $4.8 billion leave the market during the same period.
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