Analysts Worry About Bitcoin: Price Could Be Pressured Further Down!
Bitcoin (BTC) is currently trading below a key level for 2025, and analysts are concerned that a prolonged loss of this level could pressure the price down.
Bitcoin is trading just below the average withdrawal price on exchanges for 2025 at $100,356, and analysts warn that staying below this level could increase selling pressure.
According to analysis by Coindesk analyst James Van Straten, if Bitcoin stays below this level for a long time, it could trigger investors to take a stop loss, reinforcing the sell-off. However, historical data shows that Bitcoin quickly regains such levels. For example, the average withdrawal price of BTC in 2024 was around $60,000, and although it fell to $49,000 in August, it quickly recovered.
According to Glassnode data, there are currently 2.6 million BTC in losses, one of the highest levels of Bitcoin losses this year. If the Bitcoin price remains below $100,356 for a long time, the possibility of increased selling pressure and a larger downward wave may increase.
A major market crash will benefit many people like me. We will be able to increase the number of our baskets and add new coins. I expect better buying points to come.
