Bitcoin’s Drop To $100,000 Explained: Orderly Distribution Without Panic

Bitcoin’s (CRYPTO: BTC) drop to the $100,000 mark signals fading demand and steady long-term holder (LTH) selling, according to a new report.

What Happened: The market remains oversold but not capitulated, with defensive risk sentiment across spot, ETF, and derivatives markets, Glassnode reports

Bitcoin has failed to reclaim the Short-Term Holders’ (STH) cost basis (~$112,500) — a sign that bullish momentum has weakened.

The next key structural support sits near $88,500, corresponding to the active investors’ realized price. Roughly 71% of supply remains in profit, keeping BTC near the …

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