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Bitcoin Cointelegraph

Bitcoin crash to $104K was ‘flush,’ not crypto cycle ‘failure’

Bitcoin’s four-day crash has initiated a healthy reset among investors, with momentum limited until long-term holders stop selling their BTC, according to Glassnode.

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Bitcoin crash to $104K was ‘flush,’ not crypto cycle ‘failure’

Bitcoin’s four-day crash has initiated a healthy reset among investors, with momentum limited until long-term holders stop selling their BTC, according to Glassnode.

Why this matters

This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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