Bitcoin Profit-Taking Ahead? Long-Term Holders Near 350% Gains
Will whales cash out or let $BTC fly past $100K????
$BTC is at a critical zone — LTHs sitting on 350% unrealized profits could trigger sell pressure.
Current Price: $96,501
Key Levels:
Support: $91,000 (heavy long interest) / $88,500
Resistance: $98,500 / $100,800
Trade Setup:
Entry Zone: $94,500–96,000
Targets: $98,500 / $100,800 / $104,000
Stop Loss: Below $91,000 (crowded long zone)
Suggestion: Watch for sell spikes from LTHs; momentum needs reclaim of 111-day SMA for sustained upside.