{"id":30356,"date":"2025-06-05T11:01:58","date_gmt":"2025-06-05T11:01:58","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=30356"},"modified":"2025-06-05T11:01:58","modified_gmt":"2025-06-05T11:01:58","slug":"bitcoin-bull-run-on-the-brink-as-long-term-holders-accelerate-profit-taking-report","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=30356","title":{"rendered":"Bitcoin Bull Run On The Brink As Long-Term Holders Accelerate Profit-Taking: Report"},"content":{"rendered":"<div>\n<p><strong>Bitcoin<\/strong>&#8216;s (CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/btc\/usd\">BTC<\/a>) sharp rise to an all-time high of $111,800 has entered a decisive phase, as data from <strong>Glassnode <\/strong>reveals intensified profit-taking <a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/25\/05\/45652549\/vice-president-jd-vance-predicts-100m-bitcoin-holders-the-us-ought-to-be-leaning-into-bitcoin\">by long-term holders<\/a>.<\/p>\n<p><strong>What Happened: <\/strong>The surge, initially driven by aggressive spot buying, is now encountering persistent sell pressure from earlier market participants, posing a critical test of the market&#8217;s resilience.<\/p>\n<p>Glassnode&#8217;s on-chain analysis <a href=\"https:\/\/insights.glassnode.com\/the-week-onchain-week-22-2025\/?utm_campaign=WoC_22_25&amp;utm_medium=email&amp;utm_source=newsletter\">released<\/a> on Thursday shows that key support levels at $103,700 and $95,600 will likely determine whether bullish momentum can be sustained.<\/p>\n<p>&#8220;With key support at $103.7k and $95.6k, and signs of older investors offloading, the bulls now face a critical test of their resolve,&#8221; the report states.<\/p>\n<p>While the current cycle has delivered multiple high-profit &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/crypto\/cryptocurrency\/25\/06\/45788564\/bitcoin-bull-run-on-the-brink-as-long-term-holders-accelerate-profit-taking-report\" alt=\"Bitcoin\" bull run on the brink as long-term holders accelerate profit-taking: report>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin&#8216;s (CRYPTO: BTC) sharp rise to an all-time high of $111,800 has entered a decisive phase, as data from Glassnode reveals intensified profit-taking by long-term holders. What Happened: The surge, initially driven by aggressive spot buying, is now encountering persistent sell pressure from earlier market participants, posing a critical test of the market&#8217;s resilience. Glassnode&#8217;s [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-30356","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/30356","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=30356"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/30356\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=30356"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=30356"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=30356"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}