Bitcoin Price Breakout Delayed by Sellers — But Not for Long
The post Bitcoin Price Breakout Delayed by Sellers — But Not for Long appeared on BitcoinEthereumNews.com.
The Bitcoin price has slipped by over 1% in the past 24 hours. It is now trading near $108,200 after sellers pushed BTC down from the day’s high and a chance at a breakout. However, while short-term pressure remains, both on-chain and chart data show this pause could be temporary. A broader BTC price rebound might already be forming underneath. Sponsored Sponsored Selling Pressure Slows, But One Metric Hints At Reaccumulation The MVRV Z-Score, which compares Bitcoin’s market value to its fair value, is still near its six-month low of 1.96. It is slightly up from 1.90 (the 3-month low) on October 17. That small “higher low” is critical. The last time a similar pattern appeared, between September 25 and 27, the MVRV rose from 2.09 to 2.11. And the Bitcoin price rallied nearly 14%, jumping from $109,692 to $124,714 within a week. Bitcoin MVRV-Z Score: Glassnode This pattern suggests that while selling pressure is cooling, long-term holders aren’t capitulating, but they’re holding through the dip. Want more token insights like this? Sign up for Editor Harsh Notariya’s Daily Crypto Newsletter here. The Spent Coins Age Band metric reinforces the MVRV-led outlook. It tracks the amount of supply that time-frame-specific holders are moving. Coins held for 365 days to 2 years dropped from 25,263 to 103 spent BTC units, a 99.6% decline between October 14 and 22. Short-term coins (7–30 days) dropped from 13,273 to 145, a 98.9% fall since yesterday. Sponsored Sponsored Both sharp drops (monthly lows) show fewer coins are being sold, meaning both long- and short-term sellers are running out of momentum. Both Short-Term And Long-Term Holders Have Eased Selling: Santiment Together, the two metrics hint that large holders are steadying, short-term profit-takers are nearly done, and selling exhaustion might set the stage for a rebound. Bitcoin Price Chart…
Filed under: News - @ October 22, 2025 7:28 am