Bitcoin’s Price Rollercoaster: Will It Soar to $100k or Get Tripped Up by These Sellers?

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Ah, Bitcoin… The cryptocurrency that just can’t decide whether it wants to be a hero or a zero. With the market in a daze and the economy throwing vague signals, the price has stumbled like a drunken man trying to find his way home. The result? A rather dull bullish-neutral forecast. 🧐

It’s been a slow-motion disaster for Bitcoin, drifting downwards like a paper boat in a puddle of rainwater. Yet, hope springs eternal! The Federal Open Market Committee might throw us a bone with a 25 basis point rate cut on Wednesday. Who knows? Maybe that’ll bring some life to the party! But of course, it all depends on what the short-term holders do next. Oh, joy. 🍿

Bitcoin Holders: A Bunch of Mischievous Tricksters?

The short-term holders (STH), those cheeky little devils, have been playing a game of “who’s got the bigger stake?” As the STH to LTH (Long-Term Holders) Supply Ratio has crept up from 18.3% to 18.5%, one thing is crystal clear: these short-term folks are getting louder and more numerous. 🚨

More short-term holders? Well, that’s a recipe for some volatile days ahead. These “quick-flippers” tend to be jumpy. They like to take profits when they can, and their actions often lead to chaotic price swings. So, if Bitcoin’s situation changes faster than a chameleon at a disco party, expect a bumpy ride. 😱

Oh, and don’t forget! The higher this ratio goes, the more control the short-term holders have over Bitcoin’s next steps. If they decide to sell at a profit, that pesky rally could hit a ceiling quicker than you can say “Sell, sell, sell!” ⏳

Want more of this delightful insight? Get your daily dose of crypto madness with Editor Harsh Notariya’s Newsletter. Trust us, it’s like opening a bag of chips-you won’t stop once you start.

Meanwhile, Bitcoin’s Percent Supply in Profit has shuffled up slightly from 66.5% to 67.3%, a thrilling 1.2% increase. While that’s nice, it still pales in comparison to the 98.4% during euphoric bull runs. So, let’s not break out the champagne just yet. 🍾

This modest increase screams “I’m cautiously optimistic!” Investors are waiting for a clear sign from the macro landscape before diving in. But if the FOMC rate cut sends the markets into a frenzy, that 1.2% profit jump could expand faster than a politician’s promises before election day. 🗳️

Bitcoin’s Price: Ready to Escape, Or Trapped in a Never-Ending Loop?

As of now, Bitcoin is hanging out at a cozy $90,399. Just below a downtrend that’s been as persistent as a fly in summer. It’s trying to flip $90,400 into support-talk about a pivotal moment! This would be the first glimmer of hope in a month and a half of gloom. 🙌

Now, if the markets perk up, and the rate cuts inject some optimism, Bitcoin could make a dramatic comeback. Picture this: a bouncy rally from $90,400 pushing the price to $95,000. Break that barrier, and the elusive $100,000 target could finally be within sight. The stuff of crypto dreams! 🤑

But-and here’s the plot twist-if the short-term holders sell into strength, Bitcoin might just fall apart like a cheap deck chair. A failed push past $95,000, or worse, a rejection, could send BTC spiraling back to $86,822, crushing all those hopes for a rally. And voilĂ , the bull run is dead. 💔

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2025-12-09 14:11