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Bitcoin Price Forecast: Binance On-Chain Metrics Indicate Uncommon Bullish Divergence at $90K — Is a Surge Beyond $100K Possible for BTC?
As Bitcoin stabilizes within the $90,000-$91,000 range, on-chain analytics from Binance indicate an atypical bullish divergence in trader behavior concerning selling and buying activities.
Instead of liquidating their positions, a significant number of traders are actively withdrawing coins from the exchange, prompting Bitcoin price forecasts to suggest a possible breakout above $100,000.
Bitcoin Withdrawals Reach 8-Year Low, Resulting in Supply Shock
Data from CryptoOnchain shows that the 30-day Exponential Moving Average (EMA-30) of Exchange Withdrawal Transactions on Binance saw a notable increase, peaking at 3,100 daily transactions on December 3rd.
Historic Divergence on Binance: Aggressive Bitcoin Accumulation at $91K
“Existing supply is being removed from the order books, and new selling pressure is virtually non-existent. This behavior indicates extreme conviction among investors.” – By @CryptoOnchain pic.twitter.com/QPOQzmcfSj— CryptoQuant.com (@cryptoquant_com) December 12, 2025
“This represents the highest level of withdrawal activity recorded since May 2018,” the analyst remarked.
This metric suggests an increasing number of investors are moving assets to cold storage, reflecting a long-term holding approach rather than engaging in short-term trading speculation.
Even more noteworthy is the behavior on the sell side. While withdrawals are on the rise, the 30-day moving average of deposit transactions to Binance has dropped to its lowest level since 2017, falling to around 320 transactions.
The significant divergence, with withdrawals reaching a 7-year high while deposits hit an 8-year low, creates a classic “Supply Shock” scenario.
“This behavior indicates extreme conviction among investors who believe the price discovery phase is far from over,” CryptoOnchain concluded.
Technical Structure Indicates Range-Bound Consolidation
Bitcoin remains within a broad one-year trading range, with recent weekly candles positioning the price near the lower end around $80,000-$81,000.
The chart highlights considerable resistance between $117,000 and $122,000, but the market must first reclaim the mid-range level near $109,000, an area that has consistently limited rallies since mid-2025.
A decisive weekly close above $109,000 would reopen avenues toward a more substantial bullish structure.
Source: TradingView
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Meanwhile, weekly moving averages are starting to flatten, and the price currently trades below the 20-week and 50-week MAs, indicating that momentum remains weak.
If Bitcoin fails to hold the $80,000 support, the chart indicates a broad demand zone between $62,000 and $71,000 as the next significant area where buyers may establish a bottom.
Until then, the price is likely to move sideways with a slight bearish inclination unless bulls reclaim $109,000 and shift momentum in their favor.
Pepenode Secures Over $2.3M to Prepare for Meme Coin Surge
If Bitcoin successfully breaks through $109,000 and begins to rise again, meme coins such as Pepenode (PEPENODE) could witness another significant rally.
Pepenode is a new cryptocurrency initiative that has already raised over $2.3 million despite challenging market conditions.
It is a game where players can “mine” coins without the need for costly computer hardware.
Players engage in the game through their web browsers, establish virtual mining nodes, and upgrade their facilities to earn $PEPENODE tokens.
The project is emulating PEPE’s successful strategy, which surged over 1,000x during Bitcoin’s rally from $27,000 to over $64,000 in the 2023-24 period.
As more individuals begin acquiring Pepenode’s mining rigs, the token price is anticipated to increase rapidly.
To participate in the presale before the price rises, visit the official Pepenode website and connect a crypto wallet like Best Wallet.
You can currently purchase tokens for $0.001192 each and pay using cryptocurrencies such as ETH, BNB, or USDT.
Additionally, you can use a standard credit or debit card to complete your purchase in just seconds.
Visit the Official Pepenode Website Here
The post Bitcoin Price Prediction: Binance On-Chain Data Shows Rare Bullish Divergence at $90K — Can BTC Explode Past $100K Next? appeared first on Cryptonews.
