After hitting a weekend excessive of $116,689 on September 15, Bitcoin (BTC) fell barely, buying and selling simply above $114,000 on the time of writing. Nonetheless, contemporary knowledge from Binance crypto change signifies that the Bitcoin Shortage Index not too long ago witnessed its first spike since June 2025.

Bitcoin Shortage Index Spikes, Will BTC Rally?

In response to a CryptoQuant Quicktake publish by contributor Arab Chain, the Bitcoin Shortage Index witnessed its first spike yesterday since June 2025. The analyst referred to the newest change knowledge from Binance to substantiate the spike in Bitcoin Shortage Index.

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For the uninitiated, the Bitcoin Shortage Index measures how restricted the out there provide of Bitcoin is on exchanges relative to speedy shopping for demand. A spike within the index often signifies robust accumulation by massive buyers or establishments, signaling potential worth strain to the upside.

Of their evaluation, Arab Chain remarked that the newest spike within the Bitcoin Shortage Index implies that both a considerable amount of BTC was withdrawn from Binance, or the quantity of promote orders fell considerably on the change.

Consequently, the out there provide of BTC on Binance all of the sudden turned scarce. Notably, such actions are often related to the entry of enormous buyers – similar to whales or sharks – who maintain substantial portions of BTC. Arab Chain added:

The index jumps when speedy shopping for energy exceeds out there provide, as if consumers are racing to amass Bitcoin available on the market This kind of spike is commonly linked to optimistic information or sudden capital inflows. The identical sample occurred final June and endured for a number of days, after which Bitcoin climbed to round $124,000.

BTC could verify the start of a powerful accumulation section and the continuation of the uptrend if the Bitcoin Shortage Index stays optimistic for a number of consecutive days. 

Nonetheless, if the index rises quickly – adopted by an equally fast descent – it might counsel speculative exercise or order liquidations. Such a section is commonly adopted by a interval of calm or a worth correction.

In current months, the Bitcoin Shortage Index has reached new all-time highs (ATH). The chart under exhibits the metric reaching as excessive as +6, earlier than rapidly falling towards impartial and even adverse territory.

Is BTC Shedding Momentum?

Arab Chain concluded by saying that the distinction between BTC’s excessive worth, and the index’s fast transfer again to or under zero counsel that some robust shopping for momentum has began to say no. 

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That mentioned, some optimistic indicators persist. For instance, the flagship cryptocurrency not too long ago broke above the mid-term holder breakeven, hinting {that a} contemporary rally to the upside could also be on the horizon.

From a technical perspective, BTC not too long ago flashed the Golden Cross, a uncommon bullish sign that has crypto pundits forecasting a possible worth appreciation of 100%. At press time, BTC trades at $114,601, down 0.9% previously 24 hours.

Featured picture from Unsplash, charts from CryptoQuant and TradingView.com