The post BTC Price Trends Suggest Potential Long-Term Accumulation Amid Short-Term Holder Activity appeared on BitcoinEthereumNews.com.

The cryptocurrency market is witnessing a significant shift, with Bitcoin (BTC) trading between long-term and short-term holders, a trend likely to influence future price movements. As Bitcoin fluctuates above the $100,000 mark, market participants are analyzing the implications this may have for accumulation strategies among investors. According to COINOTAG, the ongoing transfer of BTC between short-term and long-term holders is fostered by bullish sentiments seen in the market. This article explores the recent trends in Bitcoin trading between short-term and long-term holders, examining miner profitability and potential price projections. Will history repeat as BTC changes hand? Recent analytics from CryptoQuant reveal that short-term Bitcoin holders are increasingly selling at a loss, as indicated by the Short-Term Holder (STH) SOPR ratio. This financial indicator, which compares the Short-Term Holder Spent Output Profit Ratio over various time frames, illustrates that many investors are currently feeling the pinch. When the STH SOPR falls below 1, it signifies that those selling are realizing losses, prompting speculation on the future movements within the market. Current trends report a noteworthy uptick in sell-offs among short-term holders, suggesting a decisive moment for Bitcoin’s price trajectory. Source: Glassnode Historically, notably when STH SOPR turns negative, this often signals an influx of interest from long-term holders (LTHs) poised to capitalize on the prevailing market conditions. LTHs, defined by their holding period exceeding 155 days, typically represent a confident segment of the investor base. The net accumulation from these holders can significantly reduce circulating supply, thereby instigating upward pressure on BTC prices. Can miner profitability spark price pump? In parallel with the behavioral shifts of market holders, miners have witnessed remarkable profitability despite escalating mining difficulties. The Bitcoin network’s design creates a competitive mining environment, which can sometimes curtail revenue for miners if not managed prudently. The latest figures from…

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Filed under: News - @ January 23, 2025 4:14 am