The Real Reason Behind Bitcoin's Drop From $126,000 To $95,000 In 6 Weeks

Benzinga11-17

Bitcoin's (CRYPTO: BTC) fall from grace has sparked debate about whether the decline was driven by long-term holder (LTH) distribution or a wave of short-term panic selling.What Happened: According to...

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It was a large-scale loss event triggered when Bitcoin broke below the psychological $100,000 level, turning perceived support into a trap door. Many late-cycle buyers, facing their first meaningful drawdown, chose to capitulate rather than stomach deeper volatility.Historically, such STH capitulation marks the transfer of coins from weak hands to stronger ones, often forming the base structure for the next major leg higher.Loading...Loading...Read Next:\nEric Trump Predicted Q4 Will Be ‘Unbelievable’ For Crypto: Here’s How It’s Going\nImage: Shutterstock$BTCBitcoin - United States dollar$94096.40-0.10%OverviewMarket News and Data brought to you by Benzinga APIs© 2025 Benzinga.com. Benzinga does not provide investment advice. 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