NewsBTC

Nov 9, 2025

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Bitcoin Faces Pressure as Long-Term Holders Sell Amid Weak Demand

Bitcoin has faced difficulty maintaining its price above $102,000 due to an imbalance between selling pressure and fresh demand.

• On-chain data indicates long-term holders are taking profits, but the market struggles to absorb these sell-offs.
• This pattern of long-term holder (LTH) selling is typical in bull markets when Bitcoin nears or surpasses all-time highs.
• Since October 2025, increased LTH selling has coincided with weakened demand, impacting Bitcoin's price stability.

Sustained Weak Demand Could Delay Next Rally

• Demand growth needs to match LTH selling for healthy price consolidation and potential surges.
• Spot Bitcoin ETFs have seen slowed inflows, with US-based Spot Bitcoin ETFs experiencing net outflows of $558.44 million on November 7.
• Continued weak demand and ongoing LTH sell-offs may keep Bitcoin consolidating between $101,000 and $103,000 throughout November.

As of now, Bitcoin trades at $101,655, down 0.6% over the past 24 hours.