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Mr.Abrash

06/04 08:02

Bitcoin STH Panic! — Is $104K the Key to Avoiding

Bitcoin STH Panic! — Is $104K the Key to Avoiding More Losses? Bitcoin [BTC] hit strong resistance and fell to a low of $103K after bouncing to $112K ten days ago.

At press time, the SOPR was 0.99, which means that recent buyers are closing positions at a loss.

Despite the decline in profitability, short-term holders are actively selling. The average dormancy rate of Bitcoin has dropped significantly to 8.5, which indicates that new coins are being spent more than old coins.

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Active Coins

17256

Market Cap

$3,442,742,334,057.00

Bitcoin Share

61.16%

24-hour Market Cap Change

$-1.23

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Home > Bitcoin > Bitcoin STH Panic! — Is $104K the Key to Avoiding More Losses?

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Bitcoin STH Panic!  – Is $104K the key to avoiding more losses?

2 min read

Short-term holders drive Bitcoin volatility, but stabilization above key level could sustain bullish momentum.

Published: June 3, 2025

Author: Gladys Makena

Editor: Jacob Thomas

Bitcoin short-term trading losses: What this means for BTC

Bitcoin’s short-term…

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