Bitcoin Price To $100K: Why All Eyes Are On The

Trending

Bitcoin Price To $100K: Why All Eyes Are On The | Crypto News


The Bitcoin price resumed its scorching start to the new yr this week, leaping above the $97,000 mark for the first time since November 2025. The flagship cryptocurrency reignited debates about the current section of the market in its latest attemptĀ to reclaim its six-figure valuation.

Having surpassed the beforehand formidable $94,000 technical degree, the Bitcoin price appeared set to cross the $100,000 mark again. However, latest on-chain analysis has introduced focus on an ongoing phenomenon among a particular set of traders in the market.

Bitcoin Price Action Could Hinge On STH Realized Price

In a January 16 post on the X platform, pseudonymous crypto analyst Darkfost revealed that the average realized price of the Bitcoin short-term holders (STHs) is another key degree to watch. This price degree represents the average price where the most latest (1-3 months) set of BTC traders acquired their cash.

According to data highlighted by Darkfost, this STH realized price presently sits at around $102,000, which means that the bulk of the Bitcoin short-term traders are at a loss. The market pundit famous that this specific analysis is adjusted to account for the 800,000 BTC just lately moved by Coinbase.

Darkfost famous that, as the Bitcoin price approached the realized price of the short-term holders, the traders are caught between two main decisions. It is either this group of traders holds and hopes for additional upside, or they exit once they break even.

Given that they’re the most reactive set of traders, the Bitcoin short-term holders haven’t hesitated in taking short-term income, as indicated by the latest exchange inflows. Darkfost, however, famous that the STH realized price degree might be essential to watch once all the profit-taking is completed.

Darkfost said that the Bitcoin price trading below this value foundation traditionally represents a good accumulation alternative. Nevertheless, the analyst warned that bear market durations ought to be excluded, as short-term holders have a tendency to witness extended drawdowns and pain during this season.

STH Cost Basis Key For Momentum To Re-Accelerate

Glassnode analyst Chris Beamish agreed in a latest post on X that the STH average realized price is a key inflection level. According to the market pundit, the Bitcoin price reclaiming this value foundation would signal that latest patrons are back in revenue.

Beamish said that reclaiming the STH realized price can be essential for bullish momentum to re-accelerate, while failure to do so would keep the BTC market in recovery mode. As of this writing, the Bitcoin price stands at around at $95,300, reflecting no important change in the past day.

Stay up to date with the latest trending crypto news! Visit our web site daily for the freshest Crypto news and content, rigorously curated to keep you informed.

- Advertisement -
img
- Advertisement -

Latest News

- Advertisement -

More Related Content

- Advertisement -