{"id":41730,"date":"2025-02-04T23:00:25","date_gmt":"2025-02-04T23:00:25","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=41730"},"modified":"2025-02-04T23:00:25","modified_gmt":"2025-02-04T23:00:25","slug":"bitcoin-100k-breakdown-spells-trouble-for-short-term-investors-study","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=41730","title":{"rendered":"Bitcoin $100K Breakdown Spells Trouble For Short-Term Investors\u2014Study"},"content":{"rendered":"

The recent price slump in Bitcoin<\/a>, caused by a turbulent cryptocurrency market, has sent many investors into panic mode, forcing them to offload their BTC holdings at a loss.<\/p>\n

However, blockchain analytics firm Glassnode noted that a group of Bitcoin investors remained resilient despite the crypto market volatility, saying that long-term holders of the firstborn crypto are unshaken by the current market slump.<\/p>\n

Long-Term Holders \u2018Largely Unaffected\u2019<\/strong><\/h2>\n

Glassnode said that Bitcoin, like other cryptocurrencies, experienced a shaky week in which traders saw the world\u2019s most dominant digital asset crash below the $100,000 level.<\/p>\n

At one point, Bitcoin\u2019s price nearly hit the $90,000 level, at $92,800, on February 3, which was the lowest since BTC recorded $90,890 on January 13.<\/p>\n

On the brighter side, the blockchain analytics firm noted that BTC\u2019s long-term holders seem insulated from all the chaos surrounding the cryptocurrency<\/a> community, saying, \u201c#BTC\u2019s long-term holders (LTHs) remain largely unaffected.\u201d<\/p>\n

Glassnode revealed that data showed nearly 0.01% of the supply of these BTC holders was in loss, emphasizing the resiliency of long-term investors in times of market turbulence. However, the crypto firm remarked that these Bitcoin investors experienced a decreasing unrealized profit.<\/p>\n

\u201cHowever, their unrealized profit share has steadily declined since November, now at its lowest since September \u2013 suggesting no renewed accumulation yet,\u201d Glassnode said in a post.<\/p>\n

The analyst noted that BTC holders are not aggressively buying at current prices, possibly waiting for better market signals before resuming accumulation.<\/p>\n

Bitcoin Short-Term Holders Bleed<\/strong><\/h2>\n

Meanwhile, data showed that another segment of Bitcoin investors suffered the most from the market crash \u2013 short-term holders.<\/p>\n

According to Glassnode, short-term BTC holders experienced a significant loss after the crypto\u2019s price slid below the $100,000 level, causing panic among these traders.<\/p>\n

#Bitcoin<\/a> dipped below $100K over the weekend, pushing a notable amount of short-term holder (STH) supply into loss. At $97K, the supply in loss & profit held by STHs was evenly split at ~11% \u2013 the largest loss exposure for STHs since early January: https:\/\/t.co\/Drjy6ahQMm<\/a> pic.twitter.com\/gypNiJ0BqX<\/a><\/p>\n

\u2014 glassnode (@glassnode) February 3, 2025<\/a><\/p>\n

Glassnode said that when Bitcoin plummeted to $100,000 over the weekend, it pushed \u201ca notable amount of short-term holder (STH) supply into loss.\u201d<\/p>\n\n

\u201cAt $97K, the supply in loss & profit held by STHs was evenly split at ~11% \u2013 the largest loss exposure for STHs<\/a> since early January,\u201d the blockchain analytics firm said in an X post.<\/p>\n

Bearish Market Sentiment<\/strong><\/p>\n

An analyst noted that Bitcoin briefly dipped so low that it nearly hit $90,000 per coin, as the dominating crypto suffered after the market crash.<\/p>\n

\u201cBitcoin plummeted to as low as $91.2K as all of crypto has dipped with world stock markets starting the week with heavy bleeding. Media outlets seem to be attributing plummeting sectors to \u2018Trump\u2019s trade war\u2019<\/a>,\u201d market intelligence platform Santiment said in a post.<\/p>\n

Bitcoin plummeted to as low as $91.2K as all of crypto has dipped with world stock markets starting the week with heavy bleeding. Media outlets seem to be attributing plummeting sectors to \u2018Trump\u2019s trade war\u2019.<\/p>\n

Whether this is the primary reason or if there are other\u2026 pic.twitter.com\/ij1bQ6xfUu<\/a><\/p>\n

\u2014 Santiment (@santimentfeed) February 3, 2025<\/a><\/p>\n

Santiment added that there have been overwhelmingly negative reactions from investors in the cryptocurrency community as a result of the price decline, and for a moment it seems BTC is about to enter bearish territory.<\/p>\n

The market intelligence platform noted that at the moment, Bitcoin was able to pull back to $96,000.<\/p>\n

\u201cWas this flush orchestrated to get trigger-happy retail traders to sell at a local bottom? Historically, markets virtually always move the opposite direction of the crowd\u2019s expectations,\u201d Santiment asked in a post.<\/p>\n

Featured image from Pexels, chart from TradingView<\/em><\/p>","protected":false},"excerpt":{"rendered":"

The recent price slump in Bitcoin, caused by a turbulent cryptocurrency market, has sent many investors into panic mode, forcing them to offload their BTC holdings at a loss. However, blockchain analytics firm Glassnode noted that a group of Bitcoin investors remained resilient despite the crypto market volatility, saying that long-term holders of the firstborn […]<\/p>\n","protected":false},"author":0,"featured_media":41731,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-41730","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/41730"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=41730"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/41730\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/41731"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=41730"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=41730"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=41730"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}