Bitcoin’s price has continued its downward trend that began in mid-October. After falling below the key $100,000 support level, concerns have grown among investors about the overall market structure. Recent on-chain analysis supports these worries, showing increased selling pressure for Bitcoin.
In a CryptoQuant report, analytics firm Arab Chain highlighted rising sell-side momentum on Binance, the world’s largest cryptocurrency exchange. This observation comes from the BTC Taker Imbalance % metric, which measures whether aggressive buyers or sellers are controlling the market. Positive values indicate buyer dominance, while negative values point to seller control.
Arab Chain’s data shows a recent spike in selling pressure, with the Taker Imbalance reading at -0.17%, typically signaling continued bearish movement. The report also noted a significant gap between selling and buying volumes—$1.517 billion in sells compared to $1.058 billion in buys—clearly showing sellers have the upper hand.
This seller-dominated market has kept Bitcoin’s price hovering around $94,000. Each attempt to push higher has met with stronger selling resistance, preventing any sustained recovery. The pattern of increasing sell pressure suggests this isn’t just a temporary correction but could indicate a more sustained downturn.
If bearish momentum continues, the next potential support level lies around $92,000. Without significant new buying interest to counter the selling pressure, Bitcoin could experience a deeper price correction.
Currently, Bitcoin is trading at $96,241, down nearly 2% over the past day.
Frequently Asked Questions
Of course Here is a list of helpful and concise FAQs about the potential for Bitcoins price to drop amid selling pressure
Beginner Fundamental Questions
1 What does selling pressure mean
Its when a large number of people are trying to sell their Bitcoin at the same time When sellers outnumber buyers the price typically goes down
2 Why is there suddenly so much selling pressure on Bitcoin
Common reasons include large investors cashing out profits negative news broader economic uncertainty or miners selling their newly created Bitcoin to cover operational costs
3 Is Bitcoins price really in danger of a big drop
Like any asset Bitcoins price can be volatile While a drop is always possible predicting the exact movement is extremely difficult Surges in selling pressure increase the likelihood of a price decline
4 What is the 92000 figure referring to
This is a hypothetical price target or a support level that some analysts have suggested A support level is a price point where buying interest is historically strong enough to potentially halt or reverse a decline
5 Should I sell my Bitcoin now if a drop is coming
This is a personal financial decision The classic advice is to never invest more than you can afford to lose and to make decisions based on your own research and longterm strategy not out of fear
Advanced Market Analysis Questions
6 How can you measure selling pressure
Traders look at metrics like exchange inflow volumes the order book and onchain data showing movements from longterm holder wallets
7 What is a key support level to watch if the price starts falling
Beyond the mentioned 92000 other crucial levels are often around previous alltime highs or major psychological numbers If these levels break it can lead to further declines
8 Could this selling pressure be a normal market cycle event
Yes absolutely Bitcoin is known for its boom and bust cycles Periods of profittaking after a strong rally are a common and expected part of its market behavior
9 Whats the difference between a normal correction and a true bear market
A correction is a shorterterm drop of 10