Bitcoin’s price dip indicates reduced selling pressure from short-term holders, with the amount of BTC sold at a loss significantly dropping. Despite recent economic challenges, long-term holders remain steadfast and inactive, showing strong faith in Bitcoin’s value.

The February inflation report affected Bitcoin’s value, briefly driving it under $95,000. Nonetheless, signs suggest stabilization in the market as panic selling declines, potentially signalling a base for future recovery as sentiment improves.