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New Bitcoin buyers start selling at a loss as price nears $80,000, signaling market sentiment shift.

Technical Signals
30 Oct 2026, 19:07 WIB
Crypto Briefing
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New Bitcoin buyers start selling at a loss as price nears $80,000, signaling market sentiment shift.

Recent on-chain data reveals that for the first time in 72 days, short-term Bitcoin holders—those holding less than 155 days—are sending coins to exchanges at a loss rather than a profit. This shift from 75% profitable sales to only 16% indicates growing selling pressure among newer buyers as Bitcoin's price hovers near $80,000. Historically, such loss realization can signal capitulation, where less committed holders sell off their coins, potentially marking a market stabilization phase if selling pressure diminishes. Investors should watch the share of profitable supply closely to gauge whether the market will stabilize or face further selling pressure.

Bitcoin short-term holders' selling behavior provides context for the current crypto market. For readers following major cryptocurrencies on Pluang, here is the market snapshot as of Oct 30, 2026 23:02 WIB: out of 50 major cryptocurrencies, 4 rose and 45 fell. Notable price changes include YFI at Rp33.564.646 down 11.30% with a typical hold time of 94 days and 0% sell order activity, BAL at Rp16.297 up 11.14% with a hold time of 85 days, and THETA at Rp2.857 down 11.14% with a hold time of 78 days.

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