{"id":58700,"date":"2025-09-02T04:55:18","date_gmt":"2025-09-02T04:55:18","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/bitcoin-drop-to-108k-caused-by-short-term-profit-taking-not-investor-panic\/"},"modified":"2025-09-02T04:55:18","modified_gmt":"2025-09-02T04:55:18","slug":"bitcoin-drop-to-108k-caused-by-short-term-profit-taking-not-investor-panic","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/bitcoin-drop-to-108k-caused-by-short-term-profit-taking-not-investor-panic\/","title":{"rendered":"Bitcoin Drop to $108K Caused by Short Term Profit Taking Not Investor Panic"},"content":{"rendered":"<p><b>(Originally posted on : Crypto News &#8211; iGaming.org )<\/b><br \/>\n<\/p>\n<div>\n<p>Analysis of Binance data shows that Bitcoin\u2019s drop to around $108,000 in August wasn\u2019t caused by long-term investors dumping their holdings. Instead, it was mainly short-term traders selling quickly to secure profits whenever the price climbed.<\/p>\n<hr\/>\n<p><em><strong>Good to Know<\/strong><\/em><\/p>\n<ul>\n<li><em><strong>Bitcoin fell to $108,000 in August, mainly due to short-term traders cashing out at resistance levels.<\/strong><\/em><\/li>\n<li><em><strong>Long-term holders barely sold, showing confidence in Bitcoin\u2019s long-term trend.<\/strong><\/em><\/li>\n<li><em><strong>The $124,000 price barrier triggered frustration among traders, leading to heavier selling pressure.<\/strong><\/em><\/li>\n<\/ul>\n<hr\/>\n<p>CryptoQuant <a href=\"https:\/\/cryptoquant.com\/insights\/quicktake\/68b67467ff47c52ba0ab296e-Binance-Data-Shows-Bitcoins-Fall-to-the-108K-Levels-Driven-by-Short-Term-Profit-\">found<\/a> that each time Bitcoin\u2019s price moved upward in August, short-term traders sold rapidly to lock in gains. This behavior, known as profit-taking, created selling pressure strong enough to keep <a href=\"https:\/\/igaming.org\/cryptocurrencies\/section\/what-is-a-bitcoin\/\">Bitcoin<\/a> below $120,000 and eventually push it down to $108,000.<\/p>\n<p>Unlike speculators, long-term investors stayed calm. Their selling levels were low and stable, which shows they were not panicking or rushing to exit the market. That stability is often seen as a positive sign for the overall trend.<\/p>\n<figure id=\"attachment_102430\" aria-describedby=\"caption-attachment-102430\" class=\"wp-caption aligncenter acss65b0c\"><amp-img data-hero=\"\" class=\"size-full wp-image-102430 amp-wp-enforced-sizes\" src=\"https:\/\/igaming.org\/wp-content\/uploads\/2025\/09\/btc-sell-off.jpg\" alt=\"Bitcoin Sell-Off August 2025\" width=\"1200\" height=\"640\" srcset=\"https:\/\/igaming.org\/wp-content\/uploads\/2025\/09\/btc-sell-off.jpg 1200w, https:\/\/igaming.org\/wp-content\/uploads\/2025\/09\/btc-sell-off-768x410.jpg 768w, https:\/\/igaming.org\/wp-content\/uploads\/2025\/09\/btc-sell-off-1024x546.jpg 1024w\" layout=\"intrinsic\"><amp-img fallback=\"\" data-hero=\"\" class=\"size-full wp-image-102430 amp-wp-enforced-sizes\" src=\"https:\/\/igaming.org\/wp-content\/uploads\/2024\/03\/SD-default-image.png-1.webp\" alt=\"Bitcoin Sell-Off August 2025\" width=\"1200\" height=\"640\" srcset=\"https:\/\/igaming.org\/wp-content\/uploads\/2024\/03\/SD-default-image.png-1.webp 1200w, https:\/\/igaming.org\/wp-content\/uploads\/2025\/09\/btc-sell-off-768x410.jpg 768w, https:\/\/igaming.org\/wp-content\/uploads\/2025\/09\/btc-sell-off-1024x546.jpg 1024w\" layout=\"intrinsic\"\/><\/amp-img><figcaption id=\"caption-attachment-102430\" class=\"wp-caption-text\"><em>Photo Credits: CryptoQuant<\/em><\/figcaption><\/figure>\n<h2>The Role of Resistance at $124K<\/h2>\n<p>A big factor was the failure to break above $124,000. In trading, this kind of level is called resistance \u2014 a price point where many sellers step in. When Bitcoin couldn\u2019t pass it, short-term traders rushed to sell, worried that their recent profits might disappear.<\/p>\n<div class=\"main-org-3-item-ins box-100 relative mb-4\">\n<div class=\"space-org-3-items box-100 relative\">\n<div class=\"box-100 space-org-3-item relative border-tb mt-1 \">\n<div class=\"space-org-3-item-ins box-100 relative\">\n<div class=\"space-org-3-item-terms box-25 relative\">\n<div class=\"space-org-3-item-terms-ins box-100 text-center relative\"> <strong>350% or 5BTC + <strong>150 Spins!<\/strong><\/strong> <\/p>\n<p>New players only. Exclusive Welcome Bonus of 350% + 150 Free Spins <\/p>\n<\/p><\/div>\n<\/p><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<h2>A Healthy Reset, Not a Crash<\/h2>\n<p>CryptoQuant concluded that the decline looks more like a healthy correction rather than the start of a bigger downturn. Corrections are normal pauses in an upward trend, and the fact that long-term holders didn\u2019t sell heavily suggests strong ongoing confidence in Bitcoin.<\/p>\n<\/p><\/div>\n<p><a href=\"https:\/\/igaming.org\/crypto\/bitcoins-fall-to-108k-was-about-quick-profit-taking-not-panic-selling\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Crypto News &#8211; iGaming.org ) Analysis of Binance data shows that Bitcoin\u2019s drop to around $108,000 in August wasn\u2019t caused by long-term investors dumping their holdings. Instead, it was mainly short-term traders selling quickly to secure profits whenever the price climbed. Good to Know Bitcoin fell to $108,000 in August, mainly [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":58701,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[34],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/58700"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=58700"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/58700\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/58701"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=58700"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=58700"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=58700"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}