Bitcoin in correction: what on-chain data really shows

Bitcoin is going through a chaotic phase where technical signals are contradicting everywhere. While bearish on daily charts, neutral on 4-hour charts, and bullish on weekly charts, the market clearly doesn’t know where it’s headed. Not ideal for sleeping peacefully.

Currently trading around $92,160, Bitcoin has fallen from its all-time high of $126,080 in 2025. This crypto correction has sounded the alarm: $1.2 trillion has vanished from the total cryptocurrency market capitalization. Brutal, but the price remains firmly anchored above key support levels, which should reassure the most anxious.

The real indicators: what the blockchain tells us

While candlesticks battle each other, on-chain data tells a different story. Capital continues to accumulate, and this is especially visible in Bitcoin ETFs: $50 billion in institutional inflows landed last year. That’s huge. Major institutions don’t make this kind of expenditure while scratching their heads.

The hidden catalyst: the halving

The element that could shift the trend is on the horizon. The halving scheduled for April 2024 creates a structural supply deficit. Less Bitcoin issued = more upward pressure in the long term. This is a factor that short-term traders often forget, but it’s a real foundation for price stability.

In the end, this crypto correction simply creates noise. Technical signals are muddled, but the fundamental data (institutional demand, supply reduction) continue to tilt in the same direction. Stay tuned.