
{"id":93301,"date":"2025-09-03T04:54:10","date_gmt":"2025-09-03T04:54:10","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=93301"},"modified":"2025-09-03T04:54:10","modified_gmt":"2025-09-03T04:54:10","slug":"bitcoin-correction-could-deepen-before-recovery-as-only-9-of-supply-at-loss","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=93301","title":{"rendered":"Bitcoin Correction Could Deepen Before Recovery as Only 9% of Supply at Loss"},"content":{"rendered":"<p>Only around 9% of the Bitcoin supply is currently in the red, carrying up to 10% unrealized losses, according to Glassnode.<\/p>\n<p>Comparatively, the local bottom of this cycle saw more than 25% of supply at up to 23% losses, the analysts noted. BTC fell to around $75,000 on April 9 in a correction that took it down 29% from its January peak.<\/p>\n<p>Additionally, global bear markets have reached more than 50% supply with up to 78% losses, Glassnode observed before adding, \u201cThis dip remains relatively shallow.\u201d<\/p>\n<p>Sizing Up the Dip<\/p>\n<p>Trading at $110k, only ~9% of BTC supply is in loss, carrying up to 10% unrealized losses. In contrast, the local bottom of this cycle saw &gt;25% of supply at up to 23% losses, and global bear markets have reached &gt;50% supply with up to 78% losses.<\/p>\n<p>This dip\u2026 <a href=\"https:\/\/t.co\/N7ipqxnhfW\" target=\"_blank\" rel=\"noopener\">pic.twitter.com\/N7ipqxnhfW<\/a><\/p>\n<p>\u2014 glassnode (@glassnode) <a href=\"https:\/\/twitter.com\/glassnode\/status\/1962927978146660486?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">September 2, 2025<\/a><\/p>\n\n<h2>Not The Peak of This Cycle<\/h2>\n<p>The depth of the correction from the <a href=\"https:\/\/cryptopotato.com\/why-august-always-breaks-bitcoin-and-what-september-means-for-traders\/\">August<\/a> 14 peak of just over $124,000 is currently around 13.4% when the asset double-dipped to $107,500 earlier this week.\u00a0In the bull market of 2017, BTC fell 36% in <a href=\"https:\/\/cryptopotato.com\/bitcoin-faces-septembear-decline-as-historical-patterns-suggest-monthly-high-near\/\">September<\/a>, and in 2021, it fell 24% this month before recovering in the fourth quarter.<\/p>\n<p>However, those previous cycles did not have the massive buying pressure from institutional investors such as ETFs and <a href=\"https:\/\/cryptopotato.com\/strategy-spends-450-million-to-acquire-additional-4048-btc\/\">BTC treasury companies<\/a>, so this correction could remain muted.<\/p>\n<p>Entrepreneur Ted Pillows observed that the recent correction mimics the Q2, 2025 and Q3 2024 dumps when the asset fell by 30%.<\/p>\n<p>\u201cI\u2019m not saying that it\u2019ll happen again, but Bitcoin could go below $100,000.\u201d\u00a0\u201cAs I have said before, this isn\u2019t the top, but just a normal correction before a new ATH,\u201d he added.<\/p>\n<p><a href=\"https:\/\/twitter.com\/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">$BTC<\/a> recent correction mimics the Q2 2025 and Q3 2024 dumps.<\/p>\n<p>Both had a 30% correction before BTC bottomed out.<\/p>\n<p>I\u2019m not saying that it\u2019ll happen again, but Bitcoin could go below $100,000.<\/p>\n<p>As I have said before, this isn\u2019t the top, but just a normal correction before a new\u2026 <a href=\"https:\/\/t.co\/SRg768EsCR\" target=\"_blank\" rel=\"noopener\">pic.twitter.com\/SRg768EsCR<\/a><\/p>\n<p>\u2014 Ted (@TedPillows) <a href=\"https:\/\/twitter.com\/TedPillows\/status\/1962490623878922718?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">September 1, 2025<\/a><\/p>\n\n<p>Meanwhile, MN Fund co-founder Micha\u00ebl van de Poppe <a href=\"https:\/\/x.com\/CryptoMichNL\/status\/1962954932371521581\" target=\"_blank\" rel=\"noopener\">said<\/a> that the closer we get to the Sept. 17 Federal Reserve meeting, when there is a 91% chance rates will fall, the less likely this correction will continue.<\/p>\n<p>\u201cYes, we could have a deeper correction, and yes, I\u2019m heavily buying that one, but the closer we get to the Fed meeting, the less of a chance I\u2019d give the correction to continue, especially if BTC breaks through $112k.\u201d<\/p>\n<h2>BTC Starts to Recover<\/h2>\n<p>Bitcoin is leading the markets on Wednesday morning in Asia, having tapped $111,500, climbing from an intraday low of $108,500 on Tuesday.<\/p>\n<p>Aside from a few spurious dips, the asset has been climbing since Monday and now needs to recover key resistance at $112,000. Failure to break above this level could lead to a plunge to support at $105,000 and a deeper correction.<\/p>\n<p>BTC has pulled total market capitalization up 1.3% on the day to reach $3.93 trillion at the time of writing.<\/p>\n<p>The post <a href=\"https:\/\/cryptopotato.com\/bitcoin-correction-could-deepen-before-recovery-as-only-9-of-supply-at-loss\/\">Bitcoin Correction Could Deepen Before Recovery as Only 9% of Supply at Loss<\/a> appeared first on <a href=\"https:\/\/cryptopotato.com\/\">CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>Only around 9% of the Bitcoin supply is currently in the red, carrying up to 10% unrealized losses, according to Glassnode. Comparatively, the local bottom of this cycle saw more than 25% of supply at up to 23% losses, the analysts noted. BTC fell to around $75,000 on April 9 in a correction that took [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":93302,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-93301","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\/93301"}],"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=93301"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/93301\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/93302"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=93301"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=93301"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=93301"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}