Bitcoin price crosses $81K, but derivatives and network activity remain low: check forecast

• Bitcoin (BTC) holds above $81,000 as short-term momentum strengthens.
• Weak network growth signals cautious market participation.
• BTC faces major resistance at $89,500.

Bitcoin has climbed above $81,000, extending its monthly recovery and testing its highest trading range in roughly three months.

At press time, BTC was trading around $81,467 after gaining 5.2% over the past seven days and 17.6% over the last 30 days.

The latest move places Bitcoin in a critical technical zone, with several underlying metrics suggesting the rally is still developing under cautious conditions rather than broad market conviction.

Network activity and derivatives participation remain muted

While Bitcoin’s spot price has improved, on-chain data point to weaker user participation than during previous major rallies.

Active addresses and transaction activity have not increased at the same pace as price, signalling that retail demand remains limited.

This divergence between price and blockchain activity often suggests that current momentum is being supported more by institutional demand and large investors than ...