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Bitcoin Price Experiences 1,079 Days Without Strong Selling Pressure
Key Points on Bitcoin Price and Market Dynamics
- The Bitcoin price is over 30% below its all-time high of approximately $126,000, reached in early October 2025.
- The downturn began with the market drop on October 10, attributed to alleged increased selling pressure.
- On-chain data suggests that Bitcoin has not experienced significant selling pressure since early 2023.
- The Sales Pressure metric indicates a lack of mass profit-taking or capitulation events for Bitcoin.
- Bitcoin has gone 1,079 days without strong selling pressure, nearing the record of 1,125 days.
- Periods of strong selling pressure are often followed by notable price moves.
- Despite potential upcoming sales pressure, Bitcoin's market structure remains resilient.
- Current BTC price is about $87,810 with no significant movement recently. (BTC)
