In response to long-term holders unloading an estimated $45 Billion, Bitcoin (BTC) is seeing significant price variations. Retail investors are reportedly at their limit, but Bitwise's CIO dismisses the notion of a total crypto crash. Bitcoin, Ethereum, and XRP, are all under extreme selling pressure, causing an upwards of $2.6 Billion reduction in asset value over the past week. Currently, feelings of extreme fear dominate the market, causing a collapse in Bitcoin's price to around $100K.
Metaplanet, convinced of future value, took a $100 Million loan against its Bitcoin holdings, intending to purchase more BTC. Major companies are following similar strategies, including Michael Saylor of MicroStrategy who added 397 BTC at a cost of $45.6 Million.
Despite the trends, some market players predict the downturn to be temporary, with Arthur Hayes giving a bold prediction of BTC hitting $1 million by 2028, unless political interference occurs. However, this optimism is not unanimous; Galaxy recently lowered its Bitcoin price target for 2025 as BTC enters a so-called 'maturity era'.
Some 'whales' or big-time investors seem to be liquidating their holdings, which might have severe implications on the BTC bull market. This liquidation trend was noticed as Sequans became the first major treasury entity to sell bitcoin holdings amidst this market strain. BlackRock's $213 Million move may heighten fears of a BTC drop below $100,000.
There are also concerns about potential government activities affecting Bitcoin's value, especially with hints of Bitcoin mines being resisted in certain communities. Concerns may persist until the crypto-currency weather stabilizes its current turbulence.
BTC News Analytics from Sat, 01 Nov 2025 19:28:21 GMT to Wed, 05 Nov 2025 22:12:00 GMT - Rating -2 - Innovation 0 - Information 8 - Rumor -4