Bitcoin News: Large Investors Drive Post-Election Gains as Small Holders Reduce Positions

Bitcoin has shown remarkable resilience following a week of market volatility, maintaining its position above the critical $104,000 level. This stability has bolstered investor confidence, with many anticipating further growth in the near term. Large investors are leading the charge, while smaller holders are reducing their positions, signaling a shift in market dynamics. Key data from cryptocurrency analysts highlights this trend, underscoring the potential for continued upward momentum in Bitcoin's price.

Large Investors Lead Bitcoin Post-Election Gains As Small Holders Reduce Positions – Details

Bitcoin is demonstrating resilience after a volatile week marked by an undecisive market. Holding strong above the critical $104,000 level, the leading cryptocurrency appears well-positioned for continued growth. Despite fluctuations, Bitcoin’s ability to maintain this support has boosted confidence among investors, many of whom are anticipating further upward momentum in the NEAR term. Key data from CryptoQuant highlights an intriguing trend: large investors, often referred to as “smart money,” have been driving BTC price gains since the U.S. election. Their increased activity suggests a strategic accumulation phase, signaling expectations of a significant move in the coming weeks. This aligns with BTC’s historical behavior, where institutional interest often precedes major price surges.

Still Waiting For An Altcoin Season? These Metrics Show Why It Might Never Happen

Bitcoin continues to dominate the market cycle, leaving investors hopeful for an altcoin season. However, recent trends suggest that an altcoin rally may not occur this season. Crypto analyst Ali Martinez highlighted this possibility, pointing out significant shifts in market dynamics since previous altcoin seasons. An altcoin season typically involves rapid price surges across various altcoins and investors reallocating Bitcoin profits into altcoins.

Bitcoin (BTC) Price Prediction for January 25

Bitcoin's price recently climbed toward $106,539 but failed to sustain this level, dropping to $104,120. Over the past 24 hours, Bitcoin’s trading volume decreased by more than 57%, totaling $30.6 billion. In a broader perspective, Bitcoin fell below $100,000 on January 7 and showed a downward trend, reaching a low of approximately $89,397 on January 13 before starting to recover. Over the last 24 hours, its total market capitalization decreased by 1.47%, settling at $2.08 trillion. Despite President Trump signing multiple executive orders in favor of the crypto market, Bitcoin’s price is experiencing mixed sentiment and has been struggling to gain traction, facing consistent rejections at the $107,000 mark due to increased selling pressure from short-term holders.

What is a wallet that you can't access online?

Private keys for Bitcoin can be kept offline with what's called a crypto offline wallet. This is a piece of hardware. Cold wallets are the best way to keep digital assets SAFE for a long time because they are so far away that hackers and other bad people can't get to them. Hot wallets, on the other hand, are always online and good for making lots of transactions.

Bitcoin Sees $5 Billion in Realized Profits – Explained

Bitcoin traders celebrated a monumental day after nearly $5 billion in realized profits flooded the market, marking one of the largest profit-taking events in recent months. The surge alluded to a heightened level of market activity, possibly fueled by renewed investor confidence. However, such massive profit realizations can also precede greater volatility or a pullback in the crypto’s price. At press time, Bitcoin was trading at $104,370 following a bout of very minimal depreciation over the last 24 hours. The market dynamics are being driven by large investors who have dominated accumulation, while retail traders have scaled back. The hike in large transactions and participation metrics hinted at mixed signals for Bitcoin’s near-term direction.