Bitcoin Sell-Off to Stop After $130K Breakout, Says Bitwise CEO 🚀
Bitwise CEO Hunter Horsley predicts a major shift in Bitcoin behavior once BTC hits $130,000 — holders will stop selling and start locking in for the long term. $BTC
Key points:
Bitcoin is currently near $107K, with some early holders taking profits.
Once BTC breaks its all-time highs around $130K-$150K, selling pressure could fade sharply.
On-chain data shows a steady withdrawal of BTC from exchanges — down 14% since early 2025.
Institutions like BlackRock and Fidelity hold billions, signaling long-term confidence.
More holders are opting to borrow against their Bitcoin rather than sell, reducing available supply.
The message is clear: Bitcoin is becoming a long-term store of value, not a short-term trade. Could $130K be the key level for a new era? #BTC110KSoon?