Bitcoin dey low perform as holders dey sell and miners dey pivot go AI
Bitcoin ne no perform well pass big-big assets for Q4 2025, e return only 5.8% since January, while Nasdaq and S&P 500 don gain over 100%. Plenty sellers dey sell as long-time holders dey take profit around $100,000 level, every time Bitcoin pass that level, transaction volume dey increase. For October, one big whale transfer over $600 million BTC go exchange dem, e make outflow strong. For supply side, miners like Core Scientific, Iris Energy, TeraWulf, Bitdeer, CleanSpark, and Riot Platforms dey shift hash power go AI data centers under multi-year HPC hosting deals, this one fit make hash rate and network security drop. Demand don cool down: Bitcoin ETF inflows never move since mid-July, plus US government sabi seize billions in BTC wey make people no too like am for anti-censorship side. Some investors don start dey move go privacy coins like ZEC. Traders need dey watch whale deposits and ETF net asset growth to know if relief fit come.
Bearish
Di combination of di rising sell pressure wey dey come from whales and long-term holders, plus miners wey dey reallocate hash power from Bitcoin go AI data centres, dey cause supply and demand imbalance. Di stalled ETF inflows and government seizures even weaken demand more. For short term, these factors dey put downward pressure for Bitcoin price, since increased exchange deposits and flat net inflows dey reduce upward catalysts. For long term, if hash rate continue to decline, e fit weaken network security and confidence, dey keep sentiment cautious and limit potential rallies until key metrics — like whale deposit trends and ETF NAV growth — show recovery.