On-chain data shows that Bitcoin (BTC) buyers are still dominant on exchanges despite the cryptocurrency hitting a new all-time high, which is quite unusual. Recent data from the popular on-chain analytics platform CryptoQuant shows that the 90-day Cumulative Volume Delta (CVD) remains in the bullish region, indicating continuous buying pressure.

Buyer Pressure Solidifies Bitcoin’s Record Run

BTC keeps setting record highs with strong trader support, as buyers remain in control following a 50% rise in less than two months. An analysis of the 90-day CVD by Ibrahim Cosar (a top CryptoQuant contributor) confirms buyers’ dominance over sellers during this period.

The CVD measures the difference between the sell and buy volume over three months. Sellers dominated the order until mid-March, when BTC reached a multi-month low, trading below $75,000 early last month.

Since then, the markets have been balanced before buyers regained control this month. Cosar concludes that there has

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