Bitcoin investors will wait for higher prices to take profits: Glassnode
On-chain analysis suggests that the current price of bitcoin is not enough for hodlers, so there will be no massive selling pressure.
by Jesús Herrera July 2, 2025 Reading time: 15 minutes
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A trader surrounded by BTC looking at price charts.
It is feasible that better times are coming for investors patiently waiting to take their profits. Source: Grok.
There has been a decrease in realized profits.
Institutional interest remains strong, with consistent and considerable inflows.
Since the ‘12-Day War’ between Israel and Iran, when there was a significant drop in the price of bitcoin (BTC) to USD 99,000, the largest digital asset in the market has recovered and stabilized around USD 107,000. Although high, this figure is insufficient for traders, who are waiting for higher prices before taking profits.
The market has managed to maintain the short-term cost support level despite high volatility and uncertainty, which is a positive sign. This indicates that buyers (bulls) still dominate and that the trend could continue to be upward, according to the analysis firm Glassnode.
