Analyst Axel Adler: BTC exchange inflows dropped sharply (81k -> 29k/day) Lower inflows suggest reduced selling pressure, potential “supply shortage”
Bitcoin (BTC) remains in a consolidation phase after hitting its all-time high near $109,000 several months ago. Despite recent price corrections, some on-chain market indicators suggest a structural supply shortage could be developing, potentially creating conditions for another bullish price move in the coming days or weeks.
Major crypto market analysts point to decreasing Bitcoin inflows onto exchanges as a key factor. They also highlight critical support levels that, if held, could potentially push the leading digital asset back above $90,000 soon.
Is Bitcoin Selling Pressure Declining?
CryptoQuant verified author Axel Adler reports average Bitcoin selling pressure across top exchanges declined significantly recently. He noted daily inflows dropped sharply from a peak of 81,000 BTC down to just 29,000 BTC per day over a measured period.
This sharp drop in the amount of Bitcoin moving onto exchanges indicates fewer investors are transferring BTC to platforms where it could be readily sold. This trend likely reduces overall immediate selling pressure on the market.
Adler describes this market state as potentially entering a “zone of asymmetric demand.” His view suggests most willing sellers largely exited near recent price highs, while current buyers appear comfortable holding or accumulating within the present consolidation range.
However, Adler also noted that the April-May timeframe could remain a period of consolidation before Bitcoin experiences its next major price impulse.
Adler shared a chart illustrating that significant exchange inflows historically coincided with sharp price drops for Bitcoin in previous cycles. Conversely, decreasing inflows often suggest periods of price stabilization or potential recovery phases developing.
As of late March 2025, Bitcoins price fluctuated mainly within the $80,000–$85,000 range. The 7-day moving average (SMA) of exchange inflows continues trending downward, supporting the idea that immediate selling pressure is currently fading.
Related: Bitcoin and Ethereum ETFs Display Contrasting Trends in Capital Flows
What Are Bitcoins Key Support Levels?
Analyst Ali Martinez previously noted that below the $80,000 price level, Bitcoin faces an “air gap.” In his technical view, this means minimal established support exists until the $70,000 area.
He also highlighted critical support levels for BTC based on specific pricing band indicators shown on his charts. These include levels near $76,180, $58,080, $43,740, and $39,980.
What is Bitcoins Current Price Action?
At the time of writing (early April 1), BTC trades near $83,410. This represents an approximate 2% gain over the past 24 hours, following a bounce from recent lows near $81,300 shortly after Strategy Inc.s purchase announcement.
What is Bitcoins Current Price Action?
At the time of writing (early April 1), BTC trades near $83,410. This represents an approximate 2% gain over the past 24 hours, following a bounce from recent lows near $81,300 shortly after Strategy Inc.s purchase announcement.
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