Bitcoin News: Long-Term Holders Reduce Selling Pressure, Signaling Potential Market Shift

Bitcoin's Long-Term Holders (LTHs) are slowing down their distribution of holdings, indicating a possible change in market sentiment. Historical data suggests that reduced selling pressure from LTHs often precedes upward price momentum. At the time of reporting, Bitcoin's price was approximately 12% below its all-time high, leaving market participants curious about the future direction of the cryptocurrency. On-chain data reveals that while LTHs are still selling, the pace has notably decreased, which could have significant implications for Bitcoin's price trajectory.

Bitcoin holders clamp down on selling – Assessing its impact

Bitcoin’s Long-Term Holders (LTHs) are distributing their holdings at a slower pace, signaling a potential shift in market sentiment. Historical trends suggest that reduced selling pressure from LTHs often leads to upward price momentum. At press time, Bitcoin’s price was hovering around 12% below its all-time high, leaving many to wonder about the future direction of the market. On-chain data revealed that while LTHs are still selling, the rate of distribution has begun to slow. The 30-day percent change in LTH supply suggested that this distribution cycle may have hit its peak, indicating that the selling pressure could soon ease.

Meta Shareholder Calls for Bitcoin to Preserve the Company’s $72 Billion Cash Reserves

A Meta shareholder, Ethan Peck, has proposed that the company allocate a portion of its $72 billion cash reserves to Bitcoin to protect against inflation. This proposal follows similar suggestions made to other major corporations like Microsoft and Amazon, indicating a growing trend of institutional interest in Bitcoin. The proposal was submitted on behalf of Peck's family shares and highlights concerns over the diminishing value of cash holdings due to inflation.

Bitcoin STH MVRV Drops To Mean Values – Analyst Explains Key Elements Driving Demand

Bitcoin has experienced a volatile start to 2025, with prices fluctuating between Optimism and caution among investors. After reaching a high of $102,000 earlier this month, Bitcoin faced a sharp decline, testing critical support at $92,000. Despite the selling pressure, Bitcoin managed to hold above this key level and is now showing signs of recovery as market sentiment gradually improves. Top analyst Axel Adler recently shared insights on X, highlighting that the Market Value to Realized Value (MVRV) ratio for Short-Term Holders (STH) has dropped to its mean value. This metric is often used to gauge market conditions and the profitability of recent buyers. A drop in mean values suggests a cooling-off period, providing an opportunity for stabilization and potential future growth.

Bitcoin’s Price Action Signals Potential Liquidity Grab Below $91K

A prominent cryptocurrency analyst has shared insights on Bitcoin’s current price action, suggesting a possible upward grind in the near term. The analyst believes Bitcoin may revisit sub-$91,000 levels to capture liquidity before potentially moving toward the $85,000 range. This analysis comes amid broader market speculation on whether Bitcoin’s rally will align with gold’s recent upward trend. The attached price chart highlights key zones of interest where liquidity could be captured.

Canadian Man in Hiding After Claims of Bitcoin-Related Abduction Attempts

An unnamed Canadian crypto forum moderator was reportedly forced to go into hiding with his family following an alleged kidnap attempt where the criminals intended to steal his Bitcoin. According to the local press, the man has been forced to move his family from one Airbnb to the next because the police are apparently unable to guarantee their safety. The victim’s ordeal began on November 4, 2024, when two men attempted to abduct him and his family. The criminals had torture equipment and likely intended to harm him and his children to coerce him into giving up his Bitcoin. The victim, a father of four, described the terrifying experience to a Quebec newspaper, La Presse, stating that the abductors had a tarpaulin with a hole in the middle and claws around it, possibly intended for mutilation.