The Bitcoin price bears are multiplying. Bitcoin’s sharp November reset triggered something traders haven’t seen since early 2023: BTC USD briefly dipped below its Metcalfe network value. This level has historically marked late-stage washouts rather than fresh downtrends.

Here’s the bad news:

  • No public hype outside a few desperate 40YO boomers
  • NFT’s 100% dead 
  • SOL coins got about a month of activity after Trump won, but now they’re dead
  • Bitcoin Bitcoin 1.83% Bitcoin Bitcoin BTC Price $63,355.65 1.83% /24h Volume in 24h $27.12B Price 7d Learn more couldn’t pull off a 2x. It spent nearly a year hovering above 100k doing nothing
  • Alts got nothing
  • Ethereum holders BTFOed as always

Market Cap

The good news is that people like Network economist Timothy Peterson say Bitcoin’s recent price action appears only after leverage has been flushed out and speculative excess has burned off.

 “While this does not necessarily signal a bottom, it does indicate that most leverage has been removed and the bubble has deflated.” – Timothy Peterson, Cane Island

Here’s what’s next for the Bitcoin price and an all-new Bitcoin-based presale that is gaining hype:

DISCOVER: 20+ Next Crypto to Explode in 2025

What’s Next For The Bitcoin Price? Long-Term Holder Supply Reverses Trend, Adding 50,000 BTC in Ten Days

(Source: TradingView)

Glassnode data shows that long-term holder (LTH) balances have risen by 50,000 BTC in just over a week, marking one of the fastest accumulation spikes of the year. LTHs, wallets holding for 155 days or more, had been steady net sellers for most of 2024 and the early part of 2025.

Meanwhile, FRED data confirms improving macro conditions: bond yields cooled from recent highs, relieving pressure on risk assets.

The US equity market responded with modest gains. The S&P 500 climbed 0.2 percent, the Nasdaq added 0.6 percent, and the Dow advanced 0.4 percent. Boeing led with a 10 percent surge after projecting higher cash generation, while MongoDB rallied 22 percent on strong earnings.

Some are also saying this rally was saved by Vanguard investors who bought the dip on Bitcoin, which is in stark contrast to BlackRock holders who sold in record numbers.

DISCOVER: Top 20 Crypto to Buy in 2025

Next Big Presale For 2026? New Meme Coin Bitcoin Hyper Could Be the Next Catalyst

Bitcoin Hyper, a new Bitcoin Layer-2 chain built with the Solana Virtual Machine (SVM), is the first L2 to integrate SVM, offering near-instant transaction times and low fees while being secured by Bitcoin.

HYPER operates through a bridge mechanism: BTC is locked, a wrapped version is minted, and that token can be used across dApps in the ecosystem.

By opening Bitcoin to DeFi, gaming, and tokenized real-world assets, HYPER broadens use cases and trims the circulating supply, two factors that can favor price.

Early investors have put in $29 Mn into HYPER with less than 24 hours before the $0.013365 token round closes. If momentum builds, Bitcoin Hyper’s pitch of Bitcoin-grade security with Solana-style throughput could become a Q4 talking point for traders eyeing a $200k BTC.

No launch date is on the calendar for Bitcoin Hyper’s Layer-2, but accelerating inflows hint at an earlier rollout in 2026. The $29 Mn already banked provides the resources to finalize the product, and a Q1 2026 mainnet debut could align with a pivotal stretch for Bitcoin in Q4.

There’s also a 320% APY staking option for those who’d rather stack rewards while the ICO winds down. The HYPER crowd is live on Telegram and X for updates and chaos.

Visit Bitcoin Hyper

EXPLORE: Seeking a Career Change? Become a Bitcoin Bounty Hunter in Fordow, Iran

Key Takeaways

  • The Bitcoin price bears are multiplying. Bitcoin’s sharp November reset triggered something traders haven’t seen since early 2023.
  • No launch date is on the calendar for Bitcoin Hyper’s Layer-2, but accelerating inflows hint at an earlier rollout in 2026.

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Isaiah Mccall
Isaiah Mccall
99BTC Japan Correspondent

Isaiah McCall is an ultramarathon runner and Japan Correspondent for 99Bitcoins. He started at USAToday in 2019 and now has a Medium blog following of 30k+ and millions of views. Follow him at @AfroReporter Read More

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