According to Crypto analysts, long-term Bitcoin investors (LTH) earn 215% more than average cost, which could lead to potential divestments.
Long-term Bitcoin investors approach key profitability thresholds. Is the market selling imminent?
According to the data, long-term investors are usually sold after earning profits and exceeding the 300% return threshold. At the moment, investors are still far from this threshold, but the market is in a critical zone between “stable profits” and “risk of sudden divestment.”
This type of investor behavior usually represents a turning point in the market, with analysts warning that massive profits at these levels could lead to significant fluctuations in Bitcoin prices.
Experts say the overall market structure remains strong despite pressure for investors to make a profit. However, significant sales by long-term investors could be possible, especially when combined with macroeconomic conditions and negative newsflows, if a 300% profitability threshold is breached. This could result in a sudden correction of Bitcoin prices.
In summary, the market is currently in a pointed cusp between controlled profit acquisition and long-term sales. The coming weeks will be important for investors to determine in which direction this threshold will split.
*This is not investment advice.