Bitcoin Short-Term Holder Supply Surges, Pressuring Prices Near $87,000
- Surge in Short-Term Holder Supply: Analyst Sunny Mom highlights that Bitcoin's short-term holder supply has significantly increased as prices decline, with coins held for less than 155 days now representing a growing share of total supply, indicating passive bag-holding rather than new capital entering the market, which creates selling pressure during price recoveries.
- Escalating Unrealized Losses: Since October, investors who bought during the rally to $120,000 and the November dip are facing unrealized losses, with Mom explaining that these holders are attempting to exit at breakeven, turning the expanding short-term cohort into a price ceiling rather than support, exacerbating market downward pressure.
- Demand Vacuum Risks: Despite exchange reserves nearing multi-year lows and long-term holders showing little interest in distributing coins, a demand vacuum has emerged, with Mom warning that modest selling could sharply push prices lower on thin order books, increasing market uncertainty.
- Price Prediction Adjustments: The analyst predicts that Bitcoin may need to drop below $80,000 to flush out remaining weak hands, allowing larger holders to reaccumulate, although some market watchers are targeting a recovery in Q1 2026 based on expected rate cuts and improved global liquidity.
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Technical Analysis for
Technical Sentiment Analysis for () As of , () is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 0 technical signals, shows that 0 indicators are flashing buy, while 0 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
() Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | - | - | - | - | - | - | - |
| Fibonacci | - | - | - | - | - | - | - |
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