Why Bitcoin Dropped Below $101K 👀

Bitcoin (BTC) has dropped 16% in the past month, falling to around $100,566 (–5.6%) today as long-term “OG” holders continue to sell. Analysts say this kind of distribution often marks the late stage of a bull cycle — with veteran holders taking profits while retail and institutions absorb supply. Wall Street macro investor Jordi Visser told Anthony Pompliano that Bitcoin’s current setup resembles an “IPO-style distribution.” He believes early investors are diversifying after years of gains, shifting capital toward AI and China’s recovery, while Bitcoin consolidates for the next phase. Technically, BTC just broke below its rising trendline and is trading under major EMAs, with support near $98,500–$100,000. The Supertrend remains red, suggesting caution unless buyers reclaim the $112 K zone. Despite the pullback, Visser highlights Bitcoin’s maturing fundamentals: volatility near 30%, lower correlation to equities and gold, and growing institutional infrastructure. He argues that what many see as stagnation is actually stabilization — setting up the next growth cycle. 📊 Key Takeaways • OG holders are selling into retail and institutions • BTC –16% in a month, trading ≈ $100,566 today • Trendline break signals shift to sellers • Support range $100 K – $98.5 K • Visser calls it “IPO-style distribution” before next cycle #Bitcoin #BTC #Crypto 🖥️ Try Benzinga Pro FREE with a 14 day trial: https://www.benzinga.com/pro/register 📈 Take your trading to the next level with our suite of premium research services and tools: https://www.benzinga.com/services 🌐 Find more market-moving insights at https://www.benzinga.com — your one-stop destination for the latest financial news, data, and expert analysis to stay ahead of the markets. 📲 Follow us on socials @benzinga ------------------------------------------------------------------------------------ 🔹Free Benzinga Webinars: https://www.youtube.com/watch?v=LQ2jOJNkDfI&list=PL4k0fH8EgI3YTdqniRmxrvz97w3IQ61rD 🔹Benzinga Pro Tutorials: https://www.youtube.com/watch?v=a2FaHhLIrks&list=PL4k0fH8EgI3YMwoBMFXGvVMkgixFymmei&pp=gAQB 🔹Earnings Calls: https://www.youtube.com/watch?v=C2-AoCw64Ok&list=PL4k0fH8EgI3buZI5529R53wJUNd9NS4_s 🔹Premarket Playbook: https://www.youtube.com/playlist?list=PL4k0fH8EgI3ZVRPM7INpG--GvohnBVTnT 🔹Benzinga's All Access: https://www.youtube.com/playlist?list=PL4k0fH8EgI3bQSn91atO-3lPT4V6Nwsmh 🔹Subscribe To The Channel: https://www.youtube.com/@Benzinga ------------------------------------------------------------------------------------ ⚠️ Disclaimer: Investing in financial markets carries risk, and there are no guaranteed returns. All information is for educational purposes only and should not be taken as financial advice. Always do your own research and speak with a qualified financial advisor before making investment decisions. Only invest what you can afford to lose. Past performance does not guarantee future outcomes. #StockMarket #StockMarketNews #Trading #StockMarketLive #Stocks #stocktrading #learntotrade #DayTrading #StockMarketToday