Bitcoin UTXO Age Bands Put Local Bottom At $95K — | Crypto News
After a disappointing efficiency during the week, the price of Bitcoin has continued its sluggish motion over the weekend. According to data from CoinGecko, the premier cryptocurrency has been hovering around the $102,000 stage over the past 24 hours.
While this current uneven price motion looks like an enchancment from the extreme downturn witnessed in latest days, it doesn’t notably deliver calm to the world’s largest cryptocurrency. Interestingly, the latest on-chain data suggests that the Bitcoin price may still be at risk of additional correction in the approaching days.
Why BTC Price Might Find Bottom Around $95,000
In a November 8 post on the social media platform X, on-chain analyst Burak Kesmeci predicted the local backside for the price of Bitcoin. According to the crypto pundit, the flagship cryptocurrency may fall to as low as $95,000 before seeing reduction and maybe rebounding to new price highs.
The related metric right here is the Realized Price of Unspent Transaction Output (UTXO) age bands, which consider the holding sample of different investor courses through their different realized costs. The UTXO age bands metric tracks the average price at which Bitcoin holders bought their cash in contrast to how long they’ve held the belongings.
The age bands under focus in Kesmeci’s analysis are the 1-week to 1-month group (inexperienced line) and the 1-month to 3-month cohort (purple line), which offer insight into short-term holders’ habits and general market sentiment. According to the on-chain analyst, the inexperienced line has crossed below the purple line 3 times in 2025.
Kesmeci famous that this cross often preceded short-term corrections, including those seen on February 24 ($99,000 to $76,000) and September 8 ($117,000 to $109,000). Similarly, this cross occurred on November 1, with the Bitcoin price falling from $110,000 to $99,000.
Furthermore, the average dip suffered by the Bitcoin price on these three events stands at around 13.3%, with a 45-day consolidation period. Based on this historic sample, Kesmeci expects the Bitcoin price backside to kind around the $95,000 and $96,000 area after the most latest crossing of the 1-week to 1-month band below the 1-month to 3-month band.
Kesmeci concluded:
In short, long-term traders are in the purple, and this is an undesirable state of affairs for a bull cycle. However, if historical past repeats itself, Bitcoin could “catch its breath” once more in this area and put together the ground for a new rise.
Bitcoin Price At A Glance
As of this writing, the price of BTC stands around $102,440, reflecting a practically 1% decline in the past day.
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