Holders

Bitcoin’s downturn may be nearing its end as long-term holders, historically resilient, begin selling. This “capitulation” includes significant divestments from buyers who purchased bitcoin above $90,000. This behavior, coupled with sustained Bitcoin ETF outflows and geopolitical concerns, contrasts sharply with equity market gains. Analysts highlight ETF flows as the primary price driver, suggesting sentiment will remain subdued without regulatory clarity or renewed inflation hedge narratives.