Bitcoin Maintains $100,000 for the Sixth Consecutive Day

This momentum is accompanied by an intensification of the FOMO (Fear of Missing Out) phenomenon, according to several market analysts.

Bitcoin price today: 80% of short-term holders return to profit as BTC holds $100,000 for sixth day

Bitcoin (BTC) price experienced a 10% variation on January 20, stabilizing at $106,100. The crypto maintains its price above $100,000 for the sixth consecutive day.

Rising bitcoin price brings 80% of short-term holders back to profit

On January 20, 2025, bitcoin experienced a price variation of 10%, stabilizing at $106,100. The crypto thus keeps its price above $100,000 for the sixth consecutive day.

According to the data from Checkonchain, this rise has allowed 80% of short-term investors (STH) to return to profit. A situation that contrasts with the beginning of the month, where 65% of them recorded losses.

Analyst Darkfost from CryptoQuant, however, observes a worrying signal: the STH-SOPR ratio (indicator of profit on spent bitcoins) is moving into negative territory. This change indicates that some recent holders are beginning to sell their bitcoins at a loss, despite the overall upward trend.

For his part, Axel Adler Jr notes an intensification of trading in the market. His volatility index reaches a monthly record, with strong activity both in buying and selling. This excitement reflects a phenomenon of FOMO (fear of missing the opportunity) particularly marked.

A crucial technical support zone between $90,000 and $95,000

The analysis platform Glassnode identifies a “critical zone” between $90,000 and $95,000, characterized by significant losses realized since November 2024. This zone represents a level where sellers have strongly capitulated, while buyers have intervened massively.

Mihir, a crypto educator, emphasizes that despite the expected volatility, a major technical support exists between $90,000 and $80,000, constituting what he considers a “safe retracement zone.” This analysis finds resonance in the data from CryptoQuant, which shows that recent holders acquired their bitcoins at an average price of $87,700.

In light of this new phase of increase, experts keep a close eye on these support levels. Although the fear of missing the opportunity (FOMO) may continue to push the price of bitcoin upward in the coming weeks, these technical zones remain decisive for the market’s strength.

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Passionné par le Bitcoin, j'aime explorer les méandres de la blockchain et des cryptos et je partage mes découvertes avec la communauté. Mon rêve est de vivre dans un monde où la vie privée et la liberté financière sont garanties pour tous, et je crois fermement que Bitcoin est l'outil qui peut rendre cela possible.