Bitcoin Holds Firm Near $85k as Long-Term Holders Offset Short-Term Volatility

Bitcoin is currently navigating a period of price pressure, hovering just above the $85,000 mark. Despite a recent pullback from higher levels, the market is defined by a tug-of-war between steady institutional accumulation and the sensitivity of short-term traders.

Institutional Resilience Amid the Dip

Data from Glassnode reveals that public companies are continuing to expand their Bitcoin treasury holdings. Even as prices retreated from the $125,000 peak, major corporate players have avoided forced selling. This sustained confidence suggests that institutional investors view the current price action as a consolidation phase rather than a reason to exit their positions.

The Rise of Short-Term Influence

While long-term conviction remains high, the market’s internal structure is shifting. The Short-Term Holder (STH) to Long-Term Holder (LTH) supply ratio has climbed to 18.4%, surpassing historical averages.

• Higher Volatility: Short-term participants are more reactive to price swings.
• Sensitivity: This increased STH presence often leads to sharper intraday price movements and heightened sensitivity to capital flows.

Critical Price Levels to Watch

Bitcoin is currently caught between key technical boundaries that will determine its next major move:

• Support at $86,361: As long as BTC stays above this level, the market remains in a consolidation phase.
• The Bullish Path: If selling pressure eases, the next target is the $90,401 resistance. Breaking this would likely restore broader market confidence.
• The Bearish Risk: A drop below $86,361 could see Bitcoin test $84,698. If that fails, the price could slide toward $82,503, which would effectively cancel the current bullish outlook.

December 2025, Cryptoniteuae