Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore
Another 2022-like bloodbath is coming to the Bitcoin market?

Another 2022-like bloodbath is coming to the Bitcoin market?

KriptoworldKriptoworld2025/05/06 20:55
By:By kriptoworld

I’ve seen a lot of crazy things in my day, but what’s happening with Bitcoin right now? It’s like déjà vu with a side of heartburn.

You remember 2022? That year was a meat grinder for anyone holding Bitcoin short-term.

And guess what? The experts say the stage is set for another round if things go south from here.

Past mistakes

Bitcoin’s short-term holder, or STH cost basis, the average price paid by recent buyers, sits at a sky-high $93,460.

Unfortunately, that number isn’t just some fancy stat, it’s the line in the sand. If Bitcoin drops below it, you can bet your last cannoli the panic will be contagious.

Back in 2022, every time Bitcoin slipped under that STH cost basis, it was like someone yelled fire in a crowded theater.

May, June, September, each dip triggered a stampede for the exits, prices tanked, and weak hands got wiped out faster than you can say margin call.

Source: Glassnode

Cracks

Now, don’t get me wrong, Bitcoin’s got a reputation for making fools outta anyone who bets against it.

But Open Interest in the futures market is through the roof, $38.6 billion and climbing. That means there’s a lot of leverage, a lot of bets, and a whole lotta people who think they’re smarter than the market.

Source: Coinglass

And usually they aren’t. Problem is, when prices start to fall, all those positions can turn into a liquidation avalanche.

It’s like stacking dominoes and then sneezing, everything comes crashing down, fast.

And let’s not forget, the market’s already showing cracks. Short-term holders are sitting on losses, and some are starting to bail out to cut their pain short.

Selling pressure is building, even if it hasn’t hit the panic levels of past bear markets yet.

But with the Fear and Greed Index stuck in fear, and resistance levels getting rejected left and right, the mood’s about as cheerful as a rainy funeral.

Key level

Right now, analysts and experts say if Bitcoin drops below that $93k level, brace yourself.

We could see a replay of 2022’s chaos, sharp sell-offs, mass liquidations, and a feedback loop of fear that turns a bad day into a full-blown disaster.

Maybe you’re thinking, nah, Bitcoin always bounces back. Sure, maybe. But this market?

It doesn’t care about your feelings. It chews up the careless and spits out the rest.


Disclosure:This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.

Kriptoworld.com accepts no liability for any errors in the articles or for any financial loss resulting from incorrect information.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Public-Private Collaborations Driving Real Estate and Industrial Expansion in Webster, NY

- Webster , NY, leverages PPPs via FAST NY and NY Forward grants to boost infrastructure, real estate , and industrial investment. - Xerox campus upgrades and downtown revitalization projects enhance connectivity, attracting advanced manufacturing and logistics sectors. - $650M fairlife® facility creates 250 jobs, demonstrating how modernized infrastructure attracts high-value industries to secondary markets. - Websters model shows PPPs can drive sustainable growth by aligning public funding with private-s

Bitget-RWA2025/11/28 16:26
Public-Private Collaborations Driving Real Estate and Industrial Expansion in Webster, NY

The Influence of City Infrastructure Funding on Business Property and Economic Growth: Evaluating the $9.8 Million FAST NY Grant Awarded to Webster, NY as a M

- Webster , NY allocated a $9.8M FAST NY Grant to redevelop a 300-acre brownfield into a high-tech industrial hub, boosting land value appreciation. - Infrastructure upgrades including roads and sewer systems created shovel-ready sites, attracting manufacturers and aligning with Governor Hochul's economic strategy. - The project spurred 10.1% residential property value growth and 250 new jobs, though 2023 saw a 2.32% employment dip amid sector transitions. - Strategic proximity to I-390 and Rochester Airpo

Bitget-RWA2025/11/28 16:26
The Influence of City Infrastructure Funding on Business Property and Economic Growth: Evaluating the $9.8 Million FAST NY Grant Awarded to Webster, NY as a M

Bitcoin Leverage Liquidation Dangers in 2025: Systemic Vulnerabilities Revealed Amid Market Volatility

- 2025 crypto market turmoil exposed systemic fragility in leveraged trading, with Bitcoin's 18.26% single-day crash triggering $19B in forced liquidations. - Macroeconomic pressures, liquidity collapse, and algorithmic deleveraging created self-reinforcing feedback loops, accelerating a $1.2T digital asset value drop. - Position concentration and exchange risk controls exacerbated cascading failures, with leveraged longs wiped out as open interest halved on major platforms. - Post-crash structural shifts

Bitget-RWA2025/11/28 16:26
Bitcoin Leverage Liquidation Dangers in 2025: Systemic Vulnerabilities Revealed Amid Market Volatility

Ethereum Updates: Tom Lee Wagers on $9K ETH, Challenging $4B in Losses with a '2017 Bitcoin' Strategy

- Tom Lee predicts Ethereum (ETH) could hit $7,500–$9,000 by 2026, supported by Fundstrat's $83M ETH purchase and BitMine's 3.6M ETH accumulation (3% of supply). - Despite ETH trading below $3,000 (vs. $3,120 average cost), Lee views the dip as a buying opportunity, citing Ethereum's "Wall Street blockchain" utility and tokenization trends. - BitMine plans to stake its 3.6M ETH via MAVAN for 4–5% yields, aligning with Ethereum's DeFi growth and Grayscale's first U.S. spot Dogecoin ETF signaling crypto's in

Bitget-RWA2025/11/28 16:14
Ethereum Updates: Tom Lee Wagers on $9K ETH, Challenging $4B in Losses with a '2017 Bitcoin' Strategy