There is only 1 reason why BTC is not yet at $200K
The old whales keep selling at every rise since $60K
I studied their psychology and on-chain movements
Here is your plan and what comes next
Main question:
If the market has so many opportunities and potential right now, why is $BTC no longer at $200K?
Answer:
The old whales keep selling at every rise
But this cycle may finally change that and make $BTC at $200K a reality
The old whales see the market completely differently
They entered before 2017 when the market was a completely different story
Back then, $20k for 1 $BTC was a dream and $60k was unrealistic
For them, every increase is an opportunity to secure profits that seemed impossible
Their psychology is very primitive as they remember the crashes of 2018 and 2022
At that time, an 80% drop was totally normal
Now every increase reminds them that a drop can come at any moment and that is risk
They sell because they fear losing a lot like in 2018 and 2022
The on-chain data confirms it:
- old wallets sell on every upward movement
- sales coincide with local highs
Their sales slow the market down a bit, but remember it's only a LITTLE
First key thing: they don't sell everything at once
They split the sales into parts, but it's not DCA
They split the sales to not ruin the market instantly
That's why you only see small corrections compared to the growth
This is not chaos or retail panic - this is old ones in action
But this cycle has factors that completely change the game:
- institutions
- ETF
- state reserves
They are the first to pick up every dip
So we have a new bullish dynamic:
- old whales sell out of fear
- institutions buy immediately after the drop
It's better for them as they buy cheaper
Add their long-term mindset to this
This is the best result the market could ask for
Don't forget that the supply of $BTC is limited
What big players buy will not be sold for a long time
That creates long-term scarcity
Meanwhile, the demand is growing like crazy
And that is the open path to 1 $BTC = $200k
You need to realize that whale bags are not infinite and one day these sales will end
That moment will mark the beginning of unstoppable growth
Because only long-term whales will remain in the game
The institutions with ETFs will be the ones to write the new rules
Today the old whales still keep part of the market under control
They don't realize that they have been handed the verdict that triggers the bull market
The market will be led by those who are not afraid to wait and venture into the unknown
$BTC at $200k is not a prediction, it's a matter of time
#BNBBreaksATH #BinanceHODLerHOLO #AITokensRally #PPIShockwave #AltcoinMarketRecovery $SUI