Bitcoin's Supply Dynamics Reveal Structural Turning Points
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Jan 10 2026- Price and Supply Dynamics: According to CryptoQuant data, Bitcoin's realized price indicates that when the market price approaches this level, widespread forced selling is absent, allowing for a reallocation of supply to stronger holders, thereby enhancing market stability.
- Long-Term Trend Filter: The MA 209 moving average serves as a long-term trend anchor, with historical data showing that each time the price tests or briefly dips below this average, it recovers, indicating that the overall structural uptrend remains intact.
- Ongoing Accumulation Signals: The declining Exchange Supply Ratio suggests that fewer Bitcoins are held on exchanges, reducing immediate sell pressure and indicating ongoing accumulation rather than distribution during sideways price action and pullbacks.
- Investor Psychology Analysis: At each price bottom, the percentage of Supply in Loss sharply rises while Supply in Profit compresses, reflecting investor stress and localized capitulation, which often coincides with price stabilization and signals potential recovery phases.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
