Bitcoin New Holders Need $98k Relief: A maturity squeeze in the making
Bitcoin short-term holders endure underwater positions, signaling considerable market pressure and investor pain. Bitcoin's Relentless Grind: Why New Holders Need a $98K Lifeline, and What it Means for Your Portfolio in 2025 The crypto market, ever the demanding mistress, continues to test the resolve of its newest disciples. On-chain data is screaming a familiar, uncomfortable truth: Bitcoin's short-term holders (STHs) are deep underwater. This isn't just a temporary dip; it's a maturity squeeze in the making, and if history is any guide, it's a critical juncture for what comes next. For those who bought into the narrative of endless rallies and easy gains, the last few months have been a harsh reality check. Bitcoin has stubbornly traded below the average cost basis of its most recent investors, extending an "underwater streak...