Long-term holders now control over 80% of the total Bitcoin supply.
U.S. policy may support Bitcoin reserve and Fed access for crypto.
Bitcoin’s next major move may be closer than expected. Top crypto analyst CredibleCrypto analysis shows long-term holders (LTHs) were net sellers between late 2023 and early 2024, as Bitcoin climbed from $68,000 to above $110,000.
Over 80% of all the Bitcoin that will ever exist is currently being HODL'd.
The only 2 times in Bitcoin's 15 year history that this % was higher was at 43k before a $30,000 impulse to 73k and at 58k before a $50,000 impulse to 105k+.
When the majority of $BTC total circulating… https://t.co/s0tYlnSYjE pic.twitter.com/qE0Dv8sVdK
— CrediBULL Crypto (@CredibleCrypto) July 8, 2025
That selling slowed in early 2025 and reversed by April, with LTHs now accumulating again. More than 80% of all Bitcoin supply is currently held by these strong hands, a level reached only twice in history.
Those previous instances at $43K and $58K were followed by sharp upward moves of $30,000 and $50,000, respectively.
Analysts link these surges to supply squeezes when limited available BTC collided with new demand. With treasury firms also stepping up accumulation, some expect the next leg higher to take Bitcoin past $150,000.
Bitcoin Price Forms Triangle Near Key Resistance
Bitcoin is trading near $108,172 after a slight -0.86% dip in the last session. Despite the pullback, it holds above a critical $108,000 support level.
On the daily chart, price action is forming a symmetrical triangle, a pattern that often precedes a strong breakout. Resistance remains just under the all-time high at $112,500, while support sits at $102,000.
Traders are watching closely for a move above the upper trendline, which could trigger a new rally. A failed breakout could lead to a short-term correction, but the tightening range suggests a decisive move is coming.
Truth Social ETF and U.S. Crypto Policy Draw Attention
On July 7, 2025, the SEC acknowledged a proposed rule change to list the Truth Social Bitcoin and Ethereum ETF under NYSE Arca Rule 8.201-E. This move initiated a public comment period and connected the ETF to former President Trump’s media platform.
JUST IN: SEC acknowledges President Trump's Truth Social #Bitcoin ETF pic.twitter.com/nX4uDhPcLH
— Bitcoin Magazine (@BitcoinMagazine) July 7, 2025
Meanwhile, sources cited by Crypto In America say the White House is preparing a new Bitcoin policy framework for release around July 22. The report may recommend a national Bitcoin reserve and suggest giving crypto firms access to the Federal Reserve infrastructure.
JUST IN: Trump administration to publish report on #Bitcoin & crypto policy around July 22, Crypto In America reports
"It may include recommendations on funding a strategic Bitcoin reserve" pic.twitter.com/OClBrvT6zi
— Bitcoin Magazine (@BitcoinMagazine) July 7, 2025
Both measures would mark major shifts in U.S. crypto strategy and could boost institutional demand. With long-term holders tightening supply, technical patterns pointing to a breakout, and policy winds shifting, the market appears primed for movement.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. CoinCryptoNewz is not responsible for any losses incurred. Readers should do their own research before making financial decisions.
<p>The post Bitcoin Supply Tightens: Long-Term Holders Signal $150K Breakout first appeared on Coin Crypto Newz.</p>