The price of Bitcoin (BTC) saw a sharp decline of 7.13%to Tail End until the early January 27, January 27, and fell to less than $ 100,000 for the first time since Donald Trump became the 47th US president.
Bitcoin 4 hours chart. Source: COINTELEGRAPH/TradingView
Since then, encryption assets have bothered more than $ 100,000 as the market considers the next bias.
Bitcoin short -term holders are still low
Over the last few weeks, there have been noticeable conflicts in the market sentiment, and some analysts call it the best market, while other analysts are optimistic about other legs.
For a better part of the state, President Donald Trump’s tight attitude toward the administrative order of President Donald Trump in his inauguration was not well matched with the Bitcoin community.
AXEL ADLER JR, a researcher at Bitcoin, recently pointed out that short -term holders have won a minimum of BTC. In the X Post, the analyst emphasized that the BTC’s short -term profit loss was maintained less than 2,000 BTC.
Bitcoin short -term profit loss. Source: x.com
In the case of seven times with more than 5%BTC, more than 5,000 BTCs moved to the exchange. Analysts said the recent shaking did not represent “major panic sales in the market.”
Bitcoin Joao Wedson’s pressure delta purchase/sale. Source: x.com
In light of this, Joao Wedson, founder of Alphractal, also said that the purchase pressure has returned quickly after the price has fallen below $ 100,000.
But a considerable amount of long positions have been damaged. GlassNode, a data analysis platform, said that more than $ 66 million was cleared within 24 hours. The platform has been added.
“The 24 -hour SMA of Bitcoin long liquidation has reached $ 2.9 million and has recorded the third longest liquidation event in the last three months.”
Related: DeepSeek Rout Cost Bulls $ 100K -5 things to know in Bitcoin this week
Can Bitcoin Price see a fast reversal?
One special tendency observed in the last few months is a volatile Monday price measure, which can often determine the daytime low or the best before reversing in the opposite direction. This can generally occur when the US market begins to move rapidly in a low -liquidity session before it is reversed in the actual direction.
Losss can be complex in the late week, but in the last eight weeks, BTC Price has been established on Monday, weekly height or low.
CROW’s Bitcoin 4 -hour analysis. Source: x.com
The anonymous password, Crow, said
“Will you print the weekly BTC again on Monday? see”
Market volatility is expected within a few days as the FOMC meeting is held between January 28 and January 29.
Related: How low can Bitcoin prices go?
This article does not include investment advice or recommendation. All investment and trading measures include risks, and the reader must do his own research when making a decision.