NewsBTC •
January 7, 2026 at 04:20 •
Analysis
Bitcoin is attempting to extend its recovery after reclaiming the $90,000 level, a move that has brought cautious optimism back into the market following weeks of consolidation and selling pressure. While price action alone still falls short of confirming a renewed uptrend, on-chain data suggests that underlying market conditions may be stabilizing beneath the surface. Related Reading: Venezuela, Geopolitical Risk, And Bitcoin: What On-Chain Data Really Shows According to top analyst Axel Adler, the On-Chain Pressure Oscillator is offering an important lens into current market dynamics. The indicator, which aggregates exchange netflows, short-term holder realized profit and loss, and long-term coin spending into a single percentile-based signal, is currently sitting ...