Bitcoin’s Price Drop: Could a Bear Market Be Brewing?

Recent price drops in Bitcoin have triggered an intriguing shift in market structure. While this decline has affected short-term holders (STHs), long-term holders (LTHs) seem to be navigating the downturn with profits. 💰 🤔 Analyzing historical patterns, a similar trend has often preceded a bearish market. When STHs begin to face losses, it can trigger increased selling pressure and potentially accelerate a downward trend. This shift towards LTH dominance warrants close attention from observers.