Feb 1, 2026
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BEARISH 📉 : Bitcoin LTH Supply Rises Amid Falling Demand and Price
The Bitcoin market experienced a significant downturn over the weekend, with its price dropping from $84,350 to $75,000 on January 31st.
Long-Term Holders Accumulate as Short-Term Supply Declines
- On-chain analyst Darkfost noted that long-term holders are accumulating more Bitcoin, with approximately 186,000 BTC added monthly.
- This shift indicates a decrease in short-term holder supply, last observed during a price retracement in April.
- An increase in long-term holdings often signals strong investor conviction and can reduce available Bitcoin for sale, historically indicating potential bullish trends.
- However, weak demand may not support the falling BTC price, potentially leading to capitulation events if current trends continue.
- A bullish recovery requires rising demand alongside continued accumulation by long-term holders.
Bitcoin Price at a Glance
- The current Bitcoin price is approximately $78,060, marking a 6.9% loss in the past day.