Bitcoin Price Stalls Below $105K as On-Chain Data Shows Consolidation

TL;DR:

Bitcoin entered the opening days of 2026 trading near $94,000, as multiple on-chain and market structure indicators suggested a period of consolidation rather than directional expansion. Data shared by Checkonchain highlighted a large redistribution of supply beneath the surface, even as current pri...

Key Points:

Background:

Cryptocurrency markets continue to evolve with new developments affecting the broader digital asset ecosystem.

Why It Matters:

This development could influence BTC price action and market sentiment in the near term.