Analysts: Bitcoin has fallen below the average price of CEX withdrawal in 2025, and maintaining it below this level may trigger greater selling pressure
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2025-02-05 22:03 1,350
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Golden Finance reported that on February 5, Coindesk analyst James Van Straten said that the average price of Bitcoin (BTC) withdrawal from trading platforms in 2025 is currently $100,356. Currently, Bitcoin is trading slightly below this level, hovering around $98,000. When Bitcoin falls below the average withdrawal price for a long period of time, people are worried that this will often trigger a continuous sell-off and bring greater downward pressure on prices. Historically, this indicator has been a strong support level for Bitcoin. James VanStreten added that breaking below this support does not necessarily mean a bear market or a sustained decline, as Bitcoin can usually quickly return to this price level, historically. However, there are currently more than 2.6 million BTC in a loss state. The longer the price remains below the average withdrawal level in 2025, the greater the possibility of further decline.