Bitcoin’s Recent Price Action Echoes 2021 Market Trends

Recent Bitcoin price movements suggest a pattern reminiscent of late 2021, when prices surged after a period of green dominance. This market structure is indicated by the Cumulative Volume Delta (CVD) metric, which highlights the difference between aggressive buy and sell orders across major exchanges. The CVD data reveals sustained selling pressure despite Bitcoin trading near $120,000, suggesting traders are taking profits rather than opening new long positions.