Bitcoin Drama: Are Short-Term Holders About to Lose Their Shirts? 😱💸

Bitcoin’s MVRV score of short-term investors dropped to 1.05, but hey, at least they’re still in profit! 🎉
Long liquidity cluster sitting below $94K could fuel a revisit of $92K — key for STHs. Spoiler alert: it’s not a fun ride! 🎢

So, the Short-Term Holder (STH) MVRV score for Bitcoin [BTC] just took a nosedive to 1.05. This means our dear investors are barely above the break-even point. Talk about living on the edge! 😬

With this drop, it seems like the buying enthusiasm is cooling off faster than a Netflix binge on a Sunday night. 📉

But don’t panic just yet! The score is still above 1, which means the selling pressure isn’t quite at DEFCON 1. We might just avoid another drop… for now. 🙏

The STH’s cost basis is around $92,000, which is like the last slice of pizza at a party—everyone’s eyeing it! 🍕

BTC could drop to $92K, but if it stays above that, it might just mean short-term investors are still feeling confident. Or they’re just really good at pretending! 😏

On the flip side, if the MVRV score dips below 1, it’s like a red flag at a bullfight. Most STHs could be at a loss, leading to a sell-off frenzy. 🏃‍♂️💨

This could put the $92,000 support level in serious jeopardy, possibly triggering a price drop that would make even the most seasoned investors weep. 😢

Potential liquidity hunt on BTC longs

Further analysis shows Bitcoin is still playing its favorite game: “Let’s Dance with Liquidity Zones.” 💃

BTC has been hanging out just above the long clusters before taking a dip to sweep the liquidity at $95,000. It’s like a bad reality show—always dramatic! 📺

But the repeated tests of these liquidity pools suggest a bearish undertone. It’s like trying to keep a plant alive—sometimes it just doesn’t work! 🌱

This consistent pull towards lower liquidity zones, now below $94K, signals a potential setup for further drops. It’s like a rollercoaster, and we’re all just screaming! 🎢

If Bitcoin keeps this up, the $92K level could soon be the star of the show. Breaking below it could lead to a market sentiment shift, causing short-term holders to throw in the towel. 🥊

But if they can defend this level, it might just stabilize or even drive up prices. Fingers crossed! 🤞

MicroStrategy and BlackRock buying, but prices drop

And just when you thought it couldn’t get crazier, prices are dropping despite big buys from MicroStrategy and BlackRock. It’s like buying a new car and then finding out it’s a lemon! 🍋

These large transactions might signal an increase in supply, even if they’re not sold right away. Talk about a plot twist! 📈

Read Bitcoin’s [BTC] Price Prediction 2025–2026. Spoiler: it’s a wild ride! 🎢

If these Bitcoins are long-term holds, it might mean less selling pressure. But who knows? It’s all a gamble! 🎲

2025-02-11 15:40

Potential liquidity hunt on BTC longs

MicroStrategy and BlackRock buying, but prices drop

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