Analysis: New investors with coins less than three months old are absorbing Bitcoin seller pressure
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Reprinted from panewslab
01/12/2025·1MPANews January 12 news, according to Bitcoinist reports, Bitcoin is currently trading in the range of approximately US$94,174, which is basically stable above the key support level of US$92,000. If it breaks through US$95,000, it may become a catalyst for a new round of bullish energy. It could pave the way for a move towards the psychologically important $100,000 level.
Glassnode data shows that the trend of Bitcoin ownership is changing. The percentage of Bitcoin TC wealth held by new investors (coin age less than three months) is rising and currently accounts for 49.6% of network liquidity. This shift shows that maturity Investors have strategically allocated their Bitcoin holdings during the recent uptrend, and new demand is stepping in to absorb seller pressure, providing a stabilizing force even as the market becomes volatile.