Close Menu
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Regulation
    • Market Cap
    • Web 3
    • Scam
  • Blockchain
  • NFT
  • Metaverse
  • Analysis
  • Learn
  • Blog
  • Contact
    • Tech7685@gmail.com
What's Hot

Trader warns Bitcoin (BTC) blinking bearish signal, says gold that steam collects for the next leg up

2025-05-20

Ethereum’s latest movements: profitable versus accumulation

2025-05-20

Robinhood calls on SEC to set up a uniform regulation framework for Tokenized Rwas

2025-05-20
Facebook X (Twitter) Instagram
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • BitcoinPlatform.com
Facebook X (Twitter) Instagram
Free Cryptocurrency – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Regulation
    • Market Cap
    • Web 3
    • Scam
  • Blockchain

    Adventure Layer is launched as First Gaming L2 on Berachain

    2025-05-20

    Arbitrum affects $ 1.5 billion volume milestone on Uniswap V4

    2025-05-20

    BSCS Backs Backs AI-conducted shopping assistant in collaboration with Pulsebot AI

    2025-05-20

    Basic, BNB chain, Ethereum and others

    2025-05-20

    What are tokenized real-world assets? Put physical value on the chain with RWAS

    2025-05-20
  • NFT

    Guild of Guardians leads with a huge volume of $ 796.62k

    2025-05-20

    Solana Meme Coin Ponke Set to release assembly objects, clothing via Jcorp Spinout

    2025-05-19

    The most popular collections of the moment on blockchain

    2025-05-18

    Raoul Pal sees NFT market exploding when Ethereum Bull Cycle is approaching

    2025-05-17

    Ethereum is at the top of the charts in weekly NFT sales with $ 44.7 million in sales volume

    2025-05-16
  • Metaverse

    Shib: The Metaverse – Part of the expanding Shiba Inu ecosystem

    2025-01-03

    Experience to Earn: Everdome’s Metaverse Frontier

    2024-12-30

    Beyond Bots: Meta Motivo and the Dawn of Human Digital Life

    2024-12-13

    Exploring NetVRk: What’s Behind This AI-Powered Virtual Universe?

    2024-10-28

    Council of Europe emphasizes the impact of Metaverse on privacy and democracy

    2024-09-05
  • Analysis

    Trader warns Bitcoin (BTC) blinking bearish signal, says gold that steam collects for the next leg up

    2025-05-20

    XRP -Price will still gather here, crypto -veteran Raoul Pal predicts

    2025-05-20

    Milei closes Libra Task Force and investigates ties with its administration

    2025-05-20

    Ethereum -price flashes bullish signal, but can it flow through obstacles?

    2025-05-20

    XRP Price Eyes Winins, but technically suggests that upsides can be limited

    2025-05-20
  • Learn

    Types of Blockchain Layers Explained: Layer 0, Layer 1, Layer 2 and Layer 3

    2025-05-16

    Token vs. Coin: Key Differences You Must Know as a Beginner

    2025-05-15

    Inside Changelly: 10 years of steadfast support and compliance

    2025-05-15

    What Is Proof-of-Work (PoW)?

    2025-05-12

    What Is Proof-of-Authority (PoA)?

    2025-05-10
  • Blog
  • Contact
    • Tech7685@gmail.com
Free Cryptocurrency – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
Home»Bitcoin»Bitcoin: As “weak hands” begin to capitulate, what should you expect
Bitcoin

Bitcoin: As “weak hands” begin to capitulate, what should you expect

2023-08-14No Comments3 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email


  • Bitcoin’s price might fall below its Short-Term Holders Realized Price.
  • This usually indicates a price bottom and is often followed by a breakout in either direction.

As Bitcoin [BTC] continues to trade within a narrow price range, the leading coin’s price is poised to slip below its Short-Term Holders Realized Price (STH RP), data from CryptoQuant revealed. 

Source: CryptoQuant


Is your portfolio green? Check the Bitcoin Profit Calculator


BTC’s STH RP metric tracks the average price at which the coin has been acquired by investors who have held their assets for no more than 155 days (short-term holders). It is used to assess the profitability of the investments of this cohort of coin holders. 

As pseudonymous CryptoQuant analyst Onchained noted, the “significance of this indicator manifests in its ability to act as a potential support level,” as it can be used to identify potential market bottoms.

Historically, when BTC’s price falls below the STH RP, it indicates that short-term holders have begun to sell their holdings at a loss. Analysts interpret this as a sign of capitulation or a loss of confidence in the market, and is often followed by a “substantial correction.”

With BTC approaching this support line in the current market, the CryptoQuant analyst noted:

“This observation is not insignificant, as this price constitutes the cost base of short-term investors. These investors, who hold a substantial share of the bitcoins in circulation, are generally characterized by their skepticism and heightened reactivity to price volatility.”

Breakout in what direction?

With BTC’s price approaching the STH PR, a bottom might be on the horizon. With significant resistance faced by the leading coin at the $30,000 price level, capitulation of “weak hands” might draw in new demand. This can help drive up the coin’s value.

See also  Will $ 94,500 be the next Bitcoin price target? Most important data sets suggest ...

An assessment of BTC’s price movements on a daily chart revealed that accumulation has not slowed down. Key momentum indicators showed that holders have continued to buy BTC. At press time, the coin’s Money Flow Index (MFI) inched closer to the overbought territory at 75.74.


Read Bitcoin’s [BTC] Price Prediction 2023-24


Likewise, the Chaikin Money Flow (CMF) rested above the neutral line at 0.12. A positive CMF value is a sign of strength in the market. It means that the necessary liquidity to drive up the coin’s price is being supplied. 

However, the coin’s Relative Strength Index (RSI) stalled at 49.06. Lingering below the center line meant that while there was a growing amount of buying pressure in the market, BTC’s price refused to react due to poor market sentiment.

Source: BTC/USDT on TradingView

For an upward price correction, sentiment has to improve. According to Santiment, BTC’s weighted sentiment has been mostly negative since May.

Source: Santiment

 

Source link

Bitcoin capitulate Expect Hands weak
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Trader warns Bitcoin (BTC) blinking bearish signal, says gold that steam collects for the next leg up

2025-05-20

Digiasia -Shares rises 90% on $ 100 million Bitcoin Treasury Plan

2025-05-20

Ripple – XRP spot ETFs can be ‘only a matter of time’

2025-05-20

Ethereum sees $ 205 million inflow after Pectra Upgrade Sparks Investor Confidence

2025-05-20
Add A Comment
Leave A Reply Cancel Reply

Top Posts

The US Treasury Department will increase its focus on combating illegal financial activities through crypto, emerging technology

2024-05-17

Almost traders bet on a price drop – here are the reasons why!

2025-03-07

Bitcoin Protocol sees TVL growth increase as staking restrictions are lifted

2024-10-10
Editors Picks

OpenSea’s Insider Trading Scandal Comes to a Close

2023-08-24

Californian man sentenced to more than seven years in prison for accusations with regard to Bitcoin-Gefacilitated drug market

2025-03-15

Can Ethereum perform better than Bitcoin like in 2019? – This relationship says yes, but …

2025-05-08

Kaia-driven mini-Dapps on Line Messenger achieve explosive growth in Asia: 35m+ users

2025-03-08
About
About

Our mission is to develop a community of people who try to make financially sound decisions. The website strives to educate individuals in making wise choices about Cryptocurrencies, Defi, NFT, Metaverse and more.

We're social. Connect with us:

Facebook X (Twitter) Instagram Pinterest YouTube
Top Insights

Trader warns Bitcoin (BTC) blinking bearish signal, says gold that steam collects for the next leg up

Ethereum’s latest movements: profitable versus accumulation

Robinhood calls on SEC to set up a uniform regulation framework for Tokenized Rwas

Get Informed

Subscribe to Updates

Get the latest news and Update from Free.cc about Crypto, Metaverse, NFT and more.

  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • BitcoinPlatform.com
© 2025 Free.cc - All rights reserved. Contact: info@free.cc

Type above and press Enter to search. Press Esc to cancel.

  • bitcoinBitcoin(BTC)$107,073.711.24%
  • ethereumEthereum(ETH)$2,551.32-0.12%
  • tetherTether USDt(USDT)$1.000.05%
  • rippleXRP(XRP)$2.37-0.65%
  • binancecoinBNB(BNB)$657.291.08%
  • solanaSolana(SOL)$170.220.80%
  • usd-coinUSDC(USDC)$1.000.02%
  • dogecoinDogecoin(DOGE)$0.2298311.89%
  • cardanoCardano(ADA)$0.751.49%
  • tronTRON(TRX)$0.2693091.03%
  • suiSui(SUI)$3.860.38%
  • chainlinkChainlink(LINK)$15.90-1.10%
  • avalanche-2Avalanche(AVAX)$22.591.07%
  • stellarStellar(XLM)$0.2884380.63%
  • hyperliquidHyperliquid(HYPE)$26.42-0.70%
  • shiba-inuShiba Inu(SHIB)$0.0000150.47%
  • hedera-hashgraphHedera(HBAR)$0.195112-0.23%
  • unus-sed-leoUNUS SED LEO(LEO)$8.780.93%
  • bitcoin-cashBitcoin Cash(BCH)$395.760.24%
  • the-open-networkToncoin(TON)$3.081.23%
  • polkadotPolkadot(DOT)$4.731.95%
  • litecoinLitecoin(LTC)$94.88-3.64%
  • moneroMonero(XMR)$358.973.59%
  • bitget-tokenBitget Token(BGB)$5.190.58%
  • piPi(PI)$0.8211.36%
  • pepePepe(PEPE)$0.0000141.78%
  • daiDai(DAI)$1.000.01%
  • ethena-usdeEthena USDe(USDE)$1.000.02%
  • uniswapUniswap(UNI)$6.264.59%
  • aaveAave(AAVE)$260.01-1.41%
  • bittensorBittensor(TAO)$419.131.67%
  • nearNEAR Protocol(NEAR)$2.820.47%
  • aptosAptos(APT)$5.18-1.03%
  • okbOKB(OKB)$52.20-0.49%
  • ondo-financeOndo(ONDO)$0.950.76%
  • kaspaKaspa(KAS)$0.1104700.99%
  • official-trumpOFFICIAL TRUMP(TRUMP)$14.4212.09%
  • internet-computerInternet Computer(ICP)$5.321.05%
  • ethereum-classicEthereum Classic(ETC)$18.58-0.14%
  • gatechain-tokenGateToken(GT)$21.49-0.33%
  • crypto-com-chainCronos(CRO)$0.0973720.93%
  • mantleMantle(MNT)$0.741.70%
  • vechainVeChain(VET)$0.0287101.46%
  • render-tokenRender(RENDER)$4.701.08%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.231777-0.89%
  • ethenaEthena(ENA)$0.3910592.45%
  • usd1World Liberty Financial USD(USD1)$1.000.03%
  • arbitrumArbitrum(ARB)$0.3996601.15%
  • algorandAlgorand(ALGO)$0.2255270.82%
  • filecoinFilecoin(FIL)$2.880.35%
  • bitcoinBitcoin(BTC)$107,073.711.24%
  • ethereumEthereum(ETH)$2,551.32-0.12%
  • tetherTether USDt(USDT)$1.000.05%
  • rippleXRP(XRP)$2.37-0.65%
  • binancecoinBNB(BNB)$657.291.08%
  • solanaSolana(SOL)$170.220.80%
  • usd-coinUSDC(USDC)$1.000.02%
  • dogecoinDogecoin(DOGE)$0.2298311.89%
  • cardanoCardano(ADA)$0.751.49%
  • tronTRON(TRX)$0.2693091.03%
  • suiSui(SUI)$3.860.38%
  • chainlinkChainlink(LINK)$15.90-1.10%
  • avalanche-2Avalanche(AVAX)$22.591.07%
  • stellarStellar(XLM)$0.2884380.63%
  • hyperliquidHyperliquid(HYPE)$26.42-0.70%
  • shiba-inuShiba Inu(SHIB)$0.0000150.47%
  • hedera-hashgraphHedera(HBAR)$0.195112-0.23%
  • unus-sed-leoUNUS SED LEO(LEO)$8.780.93%
  • bitcoin-cashBitcoin Cash(BCH)$395.760.24%
  • the-open-networkToncoin(TON)$3.081.23%
  • polkadotPolkadot(DOT)$4.731.95%
  • litecoinLitecoin(LTC)$94.88-3.64%
  • moneroMonero(XMR)$358.973.59%
  • bitget-tokenBitget Token(BGB)$5.190.58%
  • piPi(PI)$0.8211.36%
  • pepePepe(PEPE)$0.0000141.78%
  • daiDai(DAI)$1.000.01%
  • ethena-usdeEthena USDe(USDE)$1.000.02%
  • uniswapUniswap(UNI)$6.264.59%
  • aaveAave(AAVE)$260.01-1.41%
  • bittensorBittensor(TAO)$419.131.67%
  • nearNEAR Protocol(NEAR)$2.820.47%
  • aptosAptos(APT)$5.18-1.03%
  • okbOKB(OKB)$52.20-0.49%
  • ondo-financeOndo(ONDO)$0.950.76%
  • kaspaKaspa(KAS)$0.1104700.99%
  • official-trumpOFFICIAL TRUMP(TRUMP)$14.4212.09%
  • internet-computerInternet Computer(ICP)$5.321.05%
  • ethereum-classicEthereum Classic(ETC)$18.58-0.14%
  • gatechain-tokenGateToken(GT)$21.49-0.33%
  • crypto-com-chainCronos(CRO)$0.0973720.93%
  • mantleMantle(MNT)$0.741.70%
  • vechainVeChain(VET)$0.0287101.46%
  • render-tokenRender(RENDER)$4.701.08%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.231777-0.89%
  • ethenaEthena(ENA)$0.3910592.45%
  • usd1World Liberty Financial USD(USD1)$1.000.03%
  • arbitrumArbitrum(ARB)$0.3996601.15%
  • algorandAlgorand(ALGO)$0.2255270.82%
  • filecoinFilecoin(FIL)$2.880.35%