cryptoliberal
Bitcoin’s Price Trap Stops Buyers From Moving Forward
Tuesday, February 24, 2026
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The market is trapped in a cycle where many holders hesitate to buy Bitcoin, even when it appears to be a good deal.
- Nearly nine million coins—almost half of all Bitcoin in circulation—are currently trading below the price at which their owners originally bought them.
- A recent dip near $62,800 pushed the number of “underwater” coins close to ten million.
- This pattern has persisted for several weeks, indicating that the fear of losing money remains strong and lasting.
- Buyers stuck in this loss‑zone hold onto their coins instead of selling or buying more, stalling market activity.
- The result is a stalled market: prices struggle to climb because demand keeps pulling back.
- Even newcomers ready to invest are held back by the same hesitation, creating a broad barrier across all levels of participation.
Overall, the data suggests that Bitcoin’s growth is being slowed by a psychological wall built from past losses.
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