### **๐Ÿ’ฐ Will Bitcoin HODLers Sell When the Price Hits $99,900?**

#### **๐Ÿ“Œ Glassnode Analysis:**

- **Long-Term Holders (LTH)** (holding BTC >155 days) **start profit-taking when profits reach 350%**.

- **Critical level**: **$99,900** (based on *realized price* of LTH).

- **Currently**: BTC at **$96,500** (+4% this week), LTH have not sold much.

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### **๐Ÿ“Š On-Chain Data:**

- **LTH Supply increased by 254,000 BTC** in 2 months โ†’ Many STH (short-term holders) are transitioning to LTH.

- **Previous profit-taking phase**: LTH sold during the major rally of 2023.

- **If BTC breaks $99.9K**: Potential **sell pressure increases** from long-term HODLers.

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### **๐Ÿ’ก What Does This Mean for Traders?**

โœ… **Bullish short-term**: LTH still holding โ†’ less selling pressure.

โš ๏ธ **Caution at $99.9K**: Profit-taking could trigger a correction.

๐Ÿ“ˆ **Next target**: If strong breakout, could continue to **$100K+**.

**#bitcoin #HODL #Glassnode #crypto #BTC **

๐Ÿ’ฌ **Your prediction?** Will LTH sell massively at $99.9K or hold longer? Comment below! ๐Ÿ‘‡