Bitcoin briefly climbs above $72,000 on 13 March as on-chain signals flag fragile demand and whale inactivity

On 13 March, Bitcoin's price moved above $72,000 before sliding back toward $70,650, with several on-chain indicators pointing to fragile demand and lingering bearish pressures. Metrics such as the Buy/Sell Pressure Delta, Korean trading flows, and velocity suggest short-term seller control and a divergence between regional sentiment and price, while large whale wallets remain largely inactive. Without a pickup in major holder activity, near-term moves may depend more on retail-driven dynamics.