The Bit price has steadily risen over the past week, breaking through $100,000 and settling at $101,714. The weekly gain of 9% well demonstrates the recovered Bit upward momentum since 2025.
However, concerns remain about market reactions as short-term holders are starting to see substantial profits.
Bit investors, investor sentiment is not greatly disturbed
Despite Bit breaking through $100,000, investor sentiment remains calm. Historically, the Bit price has often moved contrary to the expectations of retail investors. The current lack of frenzied buying or despair-driven selling indicates a cautious approach.
This quiet sentiment contrasts sharply with past reactions when Bit crossed major price thresholds. In the past, when social media timelines were filled with extreme optimism or pessimism, it signaled strong market movements. Without such extremes, the current uncertainty suggests a prudent outlook for both experienced investors and retail traders.
The ratio of short-term Bit holders (MVRV) is signaling an important moment. Current short-term holders are seeing an average 10% profit, raising concerns about profit-taking activity. Historically, these investors have quickly sold when signs of profits appear, triggering market declines.
The current level of the ratio suggests that selling by these holders may be imminent as their profitability increases. However, the continued holding by long-term investors mitigates the fear of a sharp decline, and the market still maintains resilience. Nevertheless, the possibility of profit-taking remains a risk factor.
BTC Price Forecast: Will Short-Term Holders Realize Profits?
The Bit price has recorded an important recovery, crossing the $101,714 mark. This momentum puts BTC in a position to target $105,000 if the $100,000 support is secured. Positive market signals and investor optimism could further fuel this rally, solidifying Bit's uptrend.
However, maintaining the $100,000 level as support is crucial. Failure to do so could trigger a correction, pushing Bit down to $95,668. This would invalidate the bullish outlook and erase the recent substantial gains, dampening investor enthusiasm.
If Bit successfully transitions $100,000 to support, the market could see a renewed upward momentum towards new highs. However, caution is needed as short-term holders may act as a disruptive factor.
