A storm may be brewing beneath Bitcoinās calm surface. According to fresh on-chain data from Sentora, 7.9% of BTC's circulating supply is now sitting at a loss ā a signal thatās flashing early warnings of a potential short-term correction.
But thereās more at play here than just red portfolios.
š” Key Insights: š¹ $105,000 = The Defense Line
Over 900,000 BTC (~4.5% of supply) changed hands near $105K, forming a dense "value cluster" that historically acts as a buy-the-dip zone. This is the same setup we saw in Q4 2024, when Bitcoin bounced three times from $100K like clockwork. Is history about to repeat?
š¹ Above $121K = Potential Sell Pressure
A large chunk of BTC holders are still in profit. If price revisits the $121K+ range and sentiment shifts, these holders could start offloading, adding to resistance.
š¹ Loss-State Threshold
BTCās loss supply nearing 8% matters because 15%+ has historically preceded deeper pullbacks. If more wallets fall into the red, panic selling could increase ā unless support absorbs it.
š What to Watch:
Does BTC hold $105K on high volume?
Are long-term holders buying this dip, or exiting?
Is altcoin rotation increasing as dominance softens?
š§ Investor Takeaway:
The market is entering a pivotal phase. $105K may not just be support ā it could be the line between the next breakout or breakdown. Whether you're bullish or cautious, this zone deserves your full attention.
š¤ Your Move:
Do you see $105K as a springboard for another rally ā or a trapdoor to deeper lows?
š„ Share your strategy.
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