Bitcoin’s $100K Moment? 🧐

Oh, the Agony of it All…

  • Darling, Bitcoin has rather cheekily poked its head above $97,000 – a temporary high, naturally, currently resting at a perfectly adequate $95,477.
  • Those terribly sensible “OGs” (one really must loathe these dreadful abbreviations) are being surprisingly restrained with their sales. A most uncharacteristic move, don’t you think?
  • Retail investors, those fickle creatures, seem to have wandered off in search of more…reliable amusements. 47,000 have simply vanished. Honestly, the drama.
  • Apparently, institutions are now calling the tune, and Mr. Ki Young Ju of CryptoQuant believes the old rules simply don’t apply anymore. How utterly modern.

Bitcoin, you see, has been enjoying a little run of form. Breaking $97,000, which sounds rather frightfully extravagant. The reason? Apparently, those long-term holders – the ā€œOGsā€ – are behaving themselves. Holding onto their investments, rather than rushing to cash out. Such restraint! One almost feels…disappointed. They’ve been at it since 2010 and 2011, you know, when Bitcoin was still a charmingly obscure novelty.

CryptoQuant informs us these OGs have been moving UTXOs (whatever those are, and frankly, who has the energy to investigate?) at a far more frantic pace previously. It’s all frightfully complex.

Apparently, these ā€˜OGs’ have developed a sudden attack of fiscal prudence.

ā€œThey’ve slowed their selling, which suggests a preference for, heaven forbid, holding.ā€ – By @Darkfost_Coc

– CryptoQuant.com (@cryptoquant_com) January 15, 2026

Initially, one understood, the market offered temptation – the opportunity for a rather profitable tidy-up. Institutional buying and government interference, you see. Such exciting times!

But now…now they’re slowing down. STXO has dropped to a mere 1,000 BTC. A significant decline, naturally, signalling a lessening of that tiresome selling pressure. More coins being…held. The horror!

Retail Retreats, the Big Players Play

The retail investors, as predicted, have lost their nerve. A net loss of 47,000, all fleeing to stocks, gold and silver. Perfectly understandable, really. One needs something solid to cling to.

These funds are being reallocated to good ol’ fashioned assets – stocks, gold, and silver. Far more dependable, wouldn’t you agree? šŸ™„

Naturally, with the smaller players having lost their enthusiasm, the institutions, the corporate treasuries, and the whales are now enjoying themselves. Mr. Ju suggests that retail participation is, shall we say, underwhelming these days. Leaving the field open for the serious chaps.

The peasants have left the building, and the whales are making themselves comfortable.

– Ki Young Ju (@ki_young_ju) January 15, 2026

The landscape has shifted entirely, you see. Capital inflows have dwindled, liquidity is all over the place, and timing is no longer quite so crucial. And MicroStrategy, bless their steady hearts, isn’t about to relinquish a single one of its 673,000 BTC…ever.

Mr. Ju amusingly noted, ā€œMoney just rotated to stocks and shiny rocks. I don’t think we’ll see a -50%+ crash from ATH like past bear markets. Just boring sideways for the next few months. Shorting here hoping for a nuke? Good luck with that.ā€ How terribly…candid.

A paradigm shift, you see. Institutional investors are now accumulating, not panicking. How utterly sensible.

The Price, My Dear

Bitcoin’s price is, with glacial slowness, inching upwards from approximately $90,000. $100,000 is the next objective, of course – a psychological milestone, and always a good talking point at cocktail parties.

Less selling, fewer coins available…the market could well continue its ascent, albeit at a rather leisurely pace. Though, naturally, a bit of retail excitement could cause a temporary flurry.

The Fear and Greed Index has apparently reached 61, foretelling ā€œoptimismā€. How…delightful. Though analysts cautiously suggest we may be in for a rather dull, sideways period before any real drama unfolds.

In essence, it’s long-term, measured accumulation – by the OGs and the institutions, naturally – that is driving this little drama. Not retail enthusiasm, you understand.

Reduced OG selling, shrinking exchange supplies, and whale support… all suggest a possible push towards $100,000. But one simply can’t get wildly excited, can one?

Currently, Bitcoin is trading at a perfectly serviceable $95,600, with a market cap of $48.13B. Its all-time high of $126,198, achieved in October 2025, seems a distant, rather extravagant memory. A decline of 24%? Hardly a catastrophe, darling.

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2026-01-16 13:13