Bitcoin Is Back at the Supply Wall — But the Sellers Are Fading


$BTC has returned to the same price zone that capped it late last year, but the pressure behind that wall is weakening. Long-term holders are now selling 12,800 BTC per week, down from over 100,000 when the price last pushed higher. That's a massive drop in overhead supply. The ceiling is still there, but it's getting thinner, and that changes the breakout math. #BTC #CryptoMarket