Rich by Coin

Bitcoin faces a 50-week EMA breakdown (bearish) but on-chain data shows strong accumulation (bullish).
Bitcoin risks confirming a macro breakdown if it fails to reclaim the 50-week EMA.
The weekly chart shared by Rekt Capital shows that Bitcoin is now on the verge of closing below the 50-week EMA, a level that has acted as a backbone for bullish structure throughout the year.
A failure to hold this support would confirm a macro trend breakdown.
On-chain analytics firm Santiment revealed that Bitcoin’s social dominance spiked to a four-month high during Friday’s dip below $95,000 as retail investors panicked.
📈 Though not a guaranteed crypto bottom signal, probabilities of a market reversal greatly increases when social dominance for Bitcoin surges.
During Friday’s dip below $95K, discussion rates hit a 4-month high, signaling severe retail panic & FUD.
Exchange inflows on Binance surged from 5.5K BTC to nearly 15K BTC on November 14.
The RHODL inflow metric shows that this pressure is almost entirely driven by newer coins, while older holdings remain largely untouched.
OTC desk balances have climbed to roughly 156,000 BTC, the highest in months.
Accumulator demand has also surged to a record 352,000 BTC.
Historically, such redistribution phases could result in potential reversals.