$USDC

$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.”