It’s been 42 DAYS of Bitcoin$BTC dancing above $100K... but no breakout. Why? Who's selling? Let’s dig in.👇
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📉 1. Short-Term Holders Are Cashing Out
Wallets holding $BTC for less than a year are taking profits — 83% of realized profit this week came from them! Even wallets in the 6–12 month range dumped $904M worth of $BTC . That’s serious selling pressure.
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🧓 2. Long-Term OGs Are Still Selling
Yep, even the HODLers are trimming bags. Last week, they offloaded $324M, following a massive $1.2B selloff earlier this month. ETF demand? They’re soaking it up.
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⛏️ 3. Miners Are Quietly Selling Too
Miners dumped 30,000 BTC in 20 days. That’s over $3B at current prices! But their share in market volume is small — it’s the timing that’s critical.
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🤔 4. Accumulation Has Stalled
Whales and retail were loading up below $100K… but once we crossed six figures? Accumulation flatlined. Why? Because 15–30% APY delta-neutral strategies are attracting sidelined capital. Less risk, decent returns — traders love it.
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💼 5. Bitcoin Is Maturing
BTC is acting more like a stable blue-chip. The 10x gains? Not so common anymore. Big investors are diversifying into stocks, gold, and private deals.
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🔮 So… What’s Next?
📌 Key levels:
Support: $102,000
Resistance: $106,000
With summer kicking in and equities near ATHs, don’t expect fireworks — just yet. But shallow dips = strength. When the breakout hits, it could be big. 💥
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👉 Who do YOU think is behind the BTC slowdown? Drop your thoughts below 👇 and follow Crypto_-Nova for more sharp takes!
