Bitcoin Short-Term Holders Influence Price Path Towards $100,000

The price of Bitcoin has surged past $97,000 for the first time since November 2025. This increase has reignited discussions about its valuation trajectory.

Bitcoin has surpassed a critical $94,000 technical level and is approaching the $100,000 mark.
Pseudonymous analyst Darkfost highlights the significance of the short-term holders' (STHs) realized price, currently at $102,000.
This metric indicates that many recent Bitcoin investors are at a loss, with adjustments accounting for Coinbase's movement of 800,000 BTC.
Short-term holders face a choice between holding for potential gains or selling to break even as Bitcoin nears their cost basis.
The STH realized price is seen as crucial for assessing profit-taking dynamics in the market.

Chris Beamish from Glassnode agrees on the importance of the STH realized price for momentum. Reclaiming this level could signal profits for recent buyers and potentially boost bullish sentiment. Currently, Bitcoin is trading around $95,300, with little change from the previous day.