Current price action / correction

[Slow death]

Right now, people who aren't very familiar with Bitcoin and bought in at the $65,000 price point are selling; they believe the price will drop significantly, allowing them to buy back in at a lower price. In contrast, those who invested money they could afford to lose aren't selling until the price yields substantial profits. In recent months, I’ve noticed companies with large Bitcoin holdings selling off their assets something that really stands out. For instance, just today I read this news story:

Sequans exits Bitcoin treasury strategy after selling remaining 314 BTC

source: https://cointelegraph.com/news/sequans-exits-bitcoin-treasury-strategy-after-selling-remaining-314-btc

This company once held a reserve of 3,200 bitcoins, but now it holds none, having sold off its final 314 bitcoins. This suggests that some companies either do not foresee significant price appreciation in the coming years or are content with their current profits, preferring to hold fiat currency to cover expenses and move forward without bitcoin. These are choices that every company like every individual has the right to make. I believe the price is currently at a critical level: if it breaks past $87,000, it will likely continue rising toward $94,000; if it fails to break that level, it could fall back below $70,000.

[Odusko]

This company once held a reserve of 3,200 bitcoins, but now it holds none, having sold off its final 314 bitcoins. This suggests that some companies either do not foresee significant price appreciation in the coming years or are content with their current profits, preferring to hold fiat currency to cover expenses and move forward without bitcoin. These are choices that every company like every individual has the right to make. I believe the price is currently at a critical level: if it breaks past $87,000, it will likely continue rising toward $94,000; if it fails to break that level, it could fall back below $70,000.

The sell off started since 2025 and the last Bitcoin on their balance sheet got sold today which brought their balance sheet to a total clean up and a balance account, we have to come to a point to understand the two types of Bitcoin holder's, some companies Bitcoin holding are treated as just an experiment which they have short term forecast for their company holding, such companies buy Bitcoin with liquidity that is meant to fund their business and treat the Bitcoin on their balance sheet as investment that it profits will be used to offset companies debt or venture into other sectors that focuses more revenue for their companies, sequans is one among many companies that treat Bitcoin as experimental tool who don't have long term intention for their Bitcoin holdings.

[jossiel]

Stop trading every 5% swing and look at actual volume.

That's okay, we can't push people of what they should do but this is a advise that they can take if they ever want to.

Swing traders won't stop and that's the target they have. At least of getting some movement of 5% either will profit or lose them.

And the reaction is on them on how they'd look at it, but basically it's part of what they do. But do we do the same? as a holder and have few trades that I do, I don't care to be honest.

[Jegileman]

It's a norm that when there's a drastic pump in price of bitcoin, short tern investors will rush to take profit which is why we are seeing a little correction in the price of bitcoin. I cannot say if the price will continue to pump or dip below the support level of $83k.

I have decided to change my mindset into a bullish one after the recent pumps because it seems that we might not see $60k+ price range anymore. There is no need for any panic.

But I still think of a possibility of that happening. The market hasn’t given us a very clear directions as to where it is going to be heading, we are just speculating based on the conclusion we wish to come of the market. The current price of bitcoin is not persuasive enough to say we are now in full bull run, there is still some uncertainties around which makes us wants to see the market trading in another perspective from what we’re assuming of it. Until a break above $100K and the market creating a new support zone there, I don’t think I’ll be fully convinced that we are now in a bull market.

[Bit-Mj1014]

The market seems push the price to go down because I see down movement although there are more walls prevent the price to down. The line is not good to see and we are heading on the weekend which usually trigger the price get a correction. If the price can sustain on this level, the price could be back on higher next weeks so people can take their profit again. But if its not, we could prepare our money to buy at low. No need to worry and just prepare and be ready and you will be fine.

But honestly if we can just hold this level through tomorrow, next week could be hug, these weekend dips usually just shake out the panic sellers anyway, but i'm hoping the support holds and we get a solid bounce by monday morning.

[laspol65]

Lets Look at the last 100 drops. You easly observe a phenomena of  Retail panics taking place every single time over normal noise while order books tell a completely different story. Stop trading every 5% swing and look at actual volume.

Yes, it is very good that if we see the signs of the past through Bitcoin investment, then it is our duty that we can achieve maximum success through Bitcoin investment. Because many people face trading for the slightest profit, but in the end, although they can make a profit, the risk of losing their capital is high.
So in this case, I say that if you can invest in Bitcoin regularly, it will definitely be possible to create more savings. If you just look at the history of the price of Bitcoin for a little over one to two months, then from here you will find your destination of success. And you can push yourself towards investing more Bitcoin.

[AVE5]

Lets Look at the last 100 drops. You easly observe a phenomena of  Retail panics taking place every single time over normal noise while order books tell a completely different story. Stop trading every 5% swing and look at actual volume.

I don't understand, you mean that you've been watching the market movement as it fluctuates and knows the last 100 dropped? Retailers has also been said to be acting that way of being skeptical at every single immediate actions because, they've intentions of selling their bitcoin anytime.
So they're always emotionally attached at every single noise whether the volatility is flowing to their favour or not because they believe that in a pressuring selling order, they'll be negatively affected while in the buying pressure can bring profit to them and then, the risks about being greedy will continue to hold them but with joy in their heart that they're winning and same time, their emotions won't be at rest because they don't trust what happens any moment.
So they're being tricked to undefined direction's.
I'm totally not part of that you said to stop trade at every 5% because I see that to be a strategy for others and not entirely the market.

[HashRate Hero]

 At least of getting some movement of 5% either will profit or lose them.

I'm totally not part of that you said to stop trade at every 5% because I see that to be a strategy for others and not entirely the market.

If you just look at the history of the price of Bitcoin for a little over one to two months, then from here you will find your destination of success. And you can push yourself towards investing more Bitcoin.

Fair points everyone trades differently, but reacting to every swing breeds panic. Zooming out always beats the short-term noise.

[PERtua]

The neat thing is that there's a disconnect between volume and order book liquidity. Strong bearish conviction is not indicated by a large sell wall alone since orders can be cancelled and/or shifted as prices approach the sell wall. Realized volume provides a truer indication of actual trading. I believe that the $83k area should be considered an observation area, not a support area. If more people were buying it in bulk, but that wasn't enough to convince me that it had returned to its former glory, that would have given me more information than the mere presence of a giant bid wall.

[AprilioMP]

Today, the price is at $83,000. With the proceeds from their previous sales, they are now able to make new purchases. This is a deliberate move, not a reaction to panic. Long-term investors are not concerned with current market prices but remain focused on their long-term goals.

Short term investors are those that are moved by this current trend in the market. These are not enough to make long term investors panic or take action regarding their investments that will affect their holdings. The market is very volatile but yet when looked into carefully, the risk does not really pose a threat to panic sell. Short term investors that have a better grasp of movement in the market are taking advantage of the uprising and falling in the market consecutively. For a long term investors, the markets is just consolidating and the bigger picture is what they’re more focused on taking overall profit in the long run.

Their strategy—or pattern—of selling as the price chart slowly rises to reach $86,000 isn’t actually about chasing profits through the selling price, even though the purchase price at that time was lower than $86,000; rather, they’re trying to accumulate more Bitcoin when the price drops back below $80,000. This approach is typically taken by investors who have the time to stay in front of their monitors.
Selling while the price is rising—especially when the upward trend doesn’t last long, as is the case now—could be a mistake if the price fails to drop again, but the chart is actually forming a high green line.

[Emitdama]

The market seems push the price to go down because I see down movement although there are more walls prevent the price to down. The line is not good to see and we are heading on the weekend which usually trigger the price get a correction. If the price can sustain on this level, the price could be back on higher next weeks so people can take their profit again. But if its not, we could prepare our money to buy at low. No need to worry and just prepare and be ready and you will be fine.

Market is only the displayer of the actions made by us humans. To be specific, it was those big people like Saylor are the current movers of the price/market because I heard they sold another chunk of Bitcoins again. Yes there were plenty of strong walls established through time but at the current, since we broke to $82k, it should act as the latest strong wall/support for now. Weekend is only like a rest day for all but correction is correction.

We already experience it but since the weekend is approaching, we may stay on here until the market opens again starting on Monday. If happens that market is doing well, it would be better to just HodL and buy, to not disrupt the flow. Doing so allows us to profit bigger/smoother.

[buwaytress]

This company once held a reserve of 3,200 bitcoins, but now it holds none, having sold off its final 314 bitcoins. This suggests that some companies either do not foresee significant price appreciation in the coming years or are content with their current profits, preferring to hold fiat currency to cover expenses and move forward without bitcoin.

These "holders" keep proving themselves to be speculators in the end, don't they? 30% gains in a matter of months is always too good to let go off, companies want realised profits. They can always buy in again at the next bottom (I think it is more than possible, unfortunately).

Just funny to me we're also sometimes calling them "holders"...

[Pablo-wood]

The neat thing is that there's a disconnect between volume and order book liquidity. Strong bearish conviction is not indicated by a large sell wall alone since orders can be cancelled and/or shifted as prices approach the sell wall. Realized volume provides a truer indication of actual trading. I believe that the $83k area should be considered an observation area, not a support area. If more people were buying it in bulk, but that wasn't enough to convince me that it had returned to its former glory, that would have given me more information than the mere presence of a giant bid wall.

Bitcoin traded above $84k earlier today. Price keeps bouncing around the range and retracing back it might stay within this range longer than we can imagine. Buying in bulk might not move price that much either, which backs up your point that $83k is more of an observation zone than a real support level right now. Bitcoin has always been at its best even when the price drops it still tries to maintain good resistance zone.

[Insanity]

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[Insanity]

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[GreatArkansas]

Lets Look at the last 100 drops. You easly observe a phenomena of  Retail panics taking place every single time over normal noise while order books tell a completely different story. Stop trading every 5% swing and look at actual volume.

For me everyone here already have limit order at $77k-80k, if that's the case maybe we will not even reach there lol. buying dips is catching falling knives, you don't know if it's the last one (I already experienced this multiple times and for sure others too)
I'd rather wait the breakout above $87k be confirmed and buy on pullback, or just dca and stop guessing bottom.

[Out of mind]

No matter how much the market situation goes into the abyss, I do not panic, because I always think that the market will improve in the future. Because I have seen that no matter how much the market is dumping, the market situation goes up again and it will help you more, no matter how low the price of Bitcoin is, you will definitely benefit if you buy.
So even though the market situation is naturally upward at the present time, it may go towards correction according to the cycle. So there is nothing to panic about, so we will not panic and move forward with Bitcoin holdings towards the future.

Of course, this is good for you, but there are many people who panic when the market situation turns bad and plan to sell even if they lose. When the market goes into a recession, it will definitely not stay at that level, but it will recover fully later and continue to move towards the highs. In that case, when the market falls, there is an opportunity to buy more Bitcoin and this creates more expectations for future profits. The current market situation is very good, the price is increasing as the market is avoiding it, so we can expect that the situation will be better in the coming days. Instead of panicking, we should plan to hold Bitcoin for a long time so that we can profit in the future, and continue to invest our Bitcoins consistently. And when the market goes down, it corrects itself later and starts moving towards the highs, so it is best not to panic and be patient.

[cryptomaniac_xxx]

Right now, people who aren't very familiar with Bitcoin and bought in at the $65,000 price point are selling; they believe the price will drop significantly, allowing them to buy back in at a lower price. In contrast, those who invested money they could afford to lose aren't selling until the price yields substantial profits. In recent months, I’ve noticed companies with large Bitcoin holdings selling off their assets something that really stands out. For instance, just today I read this news story:

Sequans exits Bitcoin treasury strategy after selling remaining 314 BTC

source: https://cointelegraph.com/news/sequans-exits-bitcoin-treasury-strategy-after-selling-remaining-314-btc

This company once held a reserve of 3,200 bitcoins, but now it holds none, having sold off its final 314 bitcoins. This suggests that some companies either do not foresee significant price appreciation in the coming years or are content with their current profits, preferring to hold fiat currency to cover expenses and move forward without bitcoin. These are choices that every company like every individual has the right to make. I believe the price is currently at a critical level: if it breaks past $87,000, it will likely continue rising toward $94,000; if it fails to break that level, it could fall back below $70,000.

I'm feeling that they just want to experiment in the beginning, on how to have Bitcoin in their balance sheet. But then again, business goals will have to change eventually, and it might not be the best course of action for them tot hold that Bitcoin.

Maybe when it goes on another massive run in the next coming years that they might regret their decision to sell. But it is what it is, right now they could have felt that already as Bitcoin goes on to $85k, although there is minor correction, but still they could have held or continue to accumulate.