๐ง *Why BTC Is Still NOT at120K*
Even with Wall Street buying billionsโฆ ๐ต
Every pump faces a dump. Hereโs *why BTC is stuck* โ and what it means for 2025 ๐๐งต
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๐งฑ 1. *Heavy Profit-Taking by Early Whales*
Old wallets from 2011โ2017 are waking up.
Examples:
- Large BTC transfers to exchanges after 5+ years
- OG whales unloading to lock in profits
๐ This creates *selling pressure* every time BTC nears a key resistance (e.g. 110Kโ115K).
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๐ฆ 2. *Institutional Accumulation is Slow & Strategic*
Yes, BlackRock, Fidelity, and MicroStrategy are buying ๐
But they DCA (dollar-cost average) over time.
They *donโt chase pumps*. They buy dips.
๐ง This keeps price from spiking too quickly. Controlled accumulation.
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๐ฅ 3. *Derivative Traders & Leverage Liquidations*
When BTC pumps too fast, leveraged longs pile in.
Then whales short it, cause a drop, and wipe out retail.
Example:
- $400M+ long liquidations in a single day = crash.
๐ It becomes a rinse-repeat cycle, delaying breakout.
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๐ธ๏ธ 4. *Supply Drain vs. Sell Pressure Standoff*
- ETFs are sucking BTC supply off exchanges ๐
- But unlocks from miners, OGs, and Mt. Gox fears keep selling pressure alive.
โ๏ธ Until supply absorption > sell pressure, BTC stays rangebound.
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๐ฎ What It Means for 2025
โ *Q3-Q4 2025* likely sees BTC break past120K โ once:
- Weak hands are flushed out
- ETFs fully absorb the float
- Global macro supports risk-on (e.g. rate cuts)
๐ Once breakout happens, alts will run harder.
*ETH, SOL, XRP, and memecoins* could move 2โ4x faster.
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๐ Summary
- Whales are selling into strength
- Institutions are buying quietly
- Leverage traders create fake pumps/dumps
- True breakout needs clean slate
Patience is key. The spring is coiled. ๐