Bitcoin Plunges to Lowest Level in a Year Amid Divergent Investor Sentiment

The world’s original cryptocurrency continues its downward trajectory, with Bitcoin hitting an annual low of approximately $101,300 on Friday. This represents a nearly 19% decline from its October peak. As retail investors react with alarm, blockchain analytics reveal a counterintuitive trend: major investors appear to be using the market downturn as a buying opportunity. The critical question now is whether Bitcoin is approaching its bottom or if further declines await.

While individual investors demonstrate growing anxiety, blockchain metrics tell a different story. Key on-chain indicators suggest larger market participants are strategically positioning themselves during this downturn:

• Short-term holders are currently realizing losses, which historically signals capitulation phases preceding Read more...