$BTC Bitcoin Could See Short-Term Holder Selloff Around These Levels, Analyst Says

Bitcoin may be nearing a key inflection point, with market analysts warning of a potential selloff by short-term holders if prices approach certain resistance levels.

According to on-chain data and technical analysis, BTC is facing strong overhead resistance near the $67,000 to $69,000 range. CryptoQuant analyst [Insert Analyst Name] notes that short-term holders—investors who acquired BTC within the last 1-3 months—are approaching break-even points. Historically, these traders tend to offload their holdings once prices recover to their entry levels, leading to increased selling pressure.

“The $68K zone is where we’re seeing a cluster of short-term holder realized prices,” the analyst said. “If Bitcoin climbs into this band, it could trigger a wave of profit-taking.”

Short-term holder activity has often played a significant role in Bitcoin’s volatility. While long-term holders tend to remain more resilient during corrections, short-term holders are more reactive to market sentiment and short-term price movements.

If the market fails to absorb the selling pressure, a temporary pullback could follow. However, if buying momentum remains strong and BTC breaks through the resistance, it may pave the way for a sustained move toward new highs.

Traders are advised to watch volume trends and short-term holder metrics closely over the coming days as Bitcoin tests this crucial range.