Bitcoin Needs Break Above $116K to Spark Fresh Demand, or Risk Drop Toward $95K
Analytics firm Glassnode says Bitcoin’s market remains fragile, with short-term holders facing sharp profitability declines.
The firm notes that a sustained recovery above $114,000 to $116,000 is critical, as it would return more than 75% of short-term supply to profit, restore confidence, and attract new demand. Without this move, Bitcoin risks breaking below $104,100, a level last seen in July, which could trigger another post-all-time-high exhaustion phase and push prices toward $93,000–$95,000. At press time, Bitcoin trades near $109,452, leaving traders watching closely to see if the crypto leader can reclaim its key resistance zone.
Clever Robot News Desk 7th September 2025
