Bitcoin Drops Below $101K - BTC Holders Are Making Moves - video Dailymotion

Benzinga

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.

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00:00Bitcoin just dropped below $101,000, down over 5% today, and it's not just retail panic this time.

00:06The whales are unloading. Over the past month, Bitcoin has fallen 16% as long-term OG holders,

00:12even 10-year veterans, started selling to smaller traders and institutions. Analysts say that this

00:18kind of distribution usually happens near the late stages of bull cycles. Wall Street macro

00:23investor Jordy Visser told Anthony Pompliano that what we're seeing looks like an IPO-style

00:29distribution. Early Bitcoin investors are diversifying, taking profits after huge runs,

00:34and moving billions into AI and emerging markets like China. Technically, the chart just broke its

00:40rising trend line that's held since April. We're trading under major EMAs with the supertrend still

00:45red and key support sitting between $100,000 and $98,500. Visser says this isn't a crash,

00:53its stabilization. Volatility is near 30%, correlation with gold and stocks is falling,

00:59and that actually strengthens Bitcoin's case as a long-term portfolio diversifier. So while OG whales

01:04are rotating out, institutions are quietly buying in. This could mean short-term pain,

01:10but long-term potential. Once this distribution ends, fundamentals and new catalysts like tokenization

01:16could spark the next big move. Bitcoin's sitting right on support. Do you think this is the bottom,

01:21or just the beginning of a deeper pullback?

Bitcoin Drops Below $101K - BTC Holders Are Making Moves

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