Bitcoin Buyers Dominate On Binance As CVD Confirmation Nears 0.9, Signaling $130K Target Zone

After Binance reached a new ATH of $126,199, strong Bitcoin buying and CVD metrics indicate consolidation near $120K with a bullish outlook toward a $130K target.

Introduction: Bitcoin’s Bullish Momentum
Bitcoin is consolidating in the low $120K range following a record-setting ATH of $126,199 on Binance. Recent data points, including the Cumulative Volume Delta (CVD) Confirmation Score, indicate that strong underlying demand may propel BTC toward a $130K target zone.

Binance Update: ATH Milestone and Market Response
Binance, one of the leading crypto exchanges, recently witnessed Bitcoin break its previous records. However, the focus now shifts to the consolidation phase—as buyers remain active amidst price adjustments. This trend has strengthened Bitcoin’s market position globally.

Understanding Cumulative Volume Delta (CVD) Confirmation
A key indicator, the CVD Confirmation Score—a 30-day rolling correlation between Bitcoin’s price movement and its cumulative volume delta—suggests that the trend is resynchronizing. Traders have noted that sensitive tools like CVD not only provide insight into market sentiment but serve as a harbinger for future price moves.

Expert Insight: Analyzing Bitcoin's Strong Buying Demand
Industry experts, including insights shared via CryptoQuant Quicktake by contributor Arab Chain, emphasize that the rising CVD score is a positive signal. This indicator, combined with Binance's high trading volumes, confirms robust buying interest thereby supporting the possibility of Bitcoin approaching the $130K zone.

SEO Crypto Trends: Integrating Market Analysis and User Interests
For those exploring new crypto trends, high search volume topics such as the “best crypto wallet 2025,” “how to stake Ethereum,” and “NFT gaming platforms” remain pivotal. Staying informed with global crypto news ensures that investors not only understand Bitcoin’s dynamics, but also capitalize on interconnected market trends and investment opportunities.

Conclusion
Bitcoin’s current market action on Binance, bolstered by a strong CVD Confirmation Score, underscores the resilience of bullish sentiment. Investors and enthusiasts should monitor these trends as the path to a potential $130K target unfolds, while keeping an eye on broader market innovations and high-demand search topics for a comprehensive view of the industry.