Long term holders of bitcoin (BTC) are again selling the largest cryptocurrency, with distribution now at the fastest pace in five months. Last year's action front-ran a market top that occurred, as many had expected, in October. In the past 30 days, investors who've held bitcoin for at least 155 days — a cohort typically viewed as the most conviction-driven market participants — have sold roughly 143,000 BTC, according to Glassnode data. Bitcoin's price is lagging behind broader financial assets, inclu ...

Bitcoin's December 2025 slump fuels debate over cycle theory as demand signals weaken. Photo by BeInCrypto Bitcoin’s price may still dominate headlines, but among analysts and institutional strategists, attention is quietly shifting elsewhere. Instead of debating whether Bitcoin can reclaim upside momentum in the near term, market observers are increasingly focused on a deeper question: whether the structural signals that once reliably guided Bitcoin’s four-year cycle are beginning to fracture. Analysts ...