Bitcoin Market Update: Key Metrics and Influences Shaping 2025
The post Bitcoin Market Update: Key Metrics and Influences Shaping 2025 appeared on BitcoinEthereumNews.com.
The Short-Term Holder (STH) cost-basis model remains a critical tool for understanding Bitcoin sentiment among new investors. Historically, this model has aligned with market lows during bull runs and differentiated between bullish and bearish cycles. #Bitcoin‘s Short-Term Holder (STH) cost-basis model is crucial for gauging sentiment among new investors. Historically, this model has tracked market lows during bull cycles and also distinguished bull from bear markets: https://t.co/6NCAPxxcrJ pic.twitter.com/hc47gBLHHc — glassnode (@glassnode) January 10, 2025 Currently, Bitcoin’s price is trading approximately 7% above the STH cost-basis of $88,135. However, if the price dips and stabilizes below this threshold, it may signal declining sentiment among new investors—a common indicator of potential trend shifts in the market. The $12,000 Support Gap On-chain data has identified a significant void in price support between $87,000 and $75,000. With limited activity in this range, Bitcoin could face heightened volatility if the price enters this gap, emphasizing the importance of maintaining levels above $88,135. On-chain data reveals a $12,000 void between $87,000 and $75,000, with little to no support for #Bitcoin $BTC in this range! pic.twitter.com/JQqRdbLumt — Ali (@ali_charts) January 11, 2025 DOJ’s Bitcoin Sale: Impact on the Market The U.S. Department of Justice (DOJ) is preparing to sell $6.5 billion worth of Bitcoin seized from Silk Road and related cases. This sale represents a portion of the DOJ’s 198,000 BTC holdings and could impact market liquidity and price stability in the short term. The DOJ is preparing to sell roughly $6.5 billion worth of Bitcoin seized from Silk Road and related investigations. This sale represents a portion of the DOJ’s total Bitcoin holdings, which currently stand at 198,000 BTC pic.twitter.com/6iPSdKxggS — IntoTheBlock (@intotheblock) January 10, 2025 MicroStrategy’s Strategic Accumulation MicroStrategy continues to solidify its position as a major Bitcoin holder, with its latest $101 million investment…
Filed under: News - @ January 13, 2025 10:28 am