Mmastodon BusinessCrypto first seen 20 h ago, last 19 h ago, peak #1

Glassnode flags Bitcoin selling pressure above $89,000

Original: ₿ Bitcoin hält die Range bei ~$83k, doch Vorsicht On-Chain Laut Glassnode nutzen Top-Käufer (Haltedauer 1–2 Jahre) die E

Bitcoin is holding its range around $83,000, but on-chain data from Glassnode suggests caution. Investors who bought one to two years ago, currently the largest cost-basis cohort, are reportedly using the recovery to exit, with selling pressure expected mainly between $89,100 and $97,000. Meanwhile, 92% of short-term holders are in profit.

Why now: Traders are watching whether profit-taking from older holders could cap Bitcoin's recovery near recent highs.

BitcoinGlassnode

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Rank over time, top of the chart is #1. 4 snapshots from 20 h ago to 19 h ago.

Evidence

• ₿ Bitcoin hält die Range bei ~$83k, doch Vorsicht On-Chain Laut Glassnode nutzen Top-Käufer (Haltedauer 1–2 Jahre) die Erholung zum Ausstieg! Verkaufsdruck droht vor allem im Bereich zwischen $89,1k und $97k. Zudem sind 92% der Short-Term Holder im Plus. 📈 # Bitcoin # BTC #… · crypto_schlingel

API: https://socialmediatrends-api.osmike.com/v1/trends/1093019