According to Bitsoy’s CEO, Hunter Horsley, Bitcoin’s next climb can be less sold after $ 130,000.
Bitcoin has put most of this week’s most of the highest $ 111,975 on May 22. At $ 107,880, it is only $ 3,275 at its peak. Initial buyers have gained some profits, but if coins are truly divided into new territory, the trend may disappear.
Profit that occupies about 100k level
According to Horsley, most of the sales come from the holders who recently purchased Bitcoin at low prices. He points out $ 100,000 as a major threshold.
When BTC recorded the level on May 8, ON-chain analytics company GlassNode recorded “notable increase” in Old-Timer sales. This profit is real. Bitcoin increased by 210% for coins for at least 150 days. It is natural to benefit when people enter green.
Once Bitcoin breaks through 130-150K, I think no one will sell Bitcoin.
Currently, it seems that an individual with a lot of Bitcoin purchased at a very low price is selling some of the $ 1 billion.
In other words, once Bitcoin breaks a new level, this is …
-Hunter Horsley (@hhhorsley) June 10, 2025
High interests of long -term holders
Based on the report from Crypto Analytics Platform Bitbo, the average long -term holder paid about $ 34,415 per bitcoin. Currently, it is 210% of the current price.
If Bitcoin goes up to $ 130K – 15,000, the profits will slow down, Horsley says. At this point, the seller will benefit more than 300%. Few people want to return that kind of profit.
Borrow as an alternative
Horsley also points out how people can use their interests without selling them. The growth of hot chains and loans means that the holder can use Bitcoin as a collateral.
Instead of paying cash, you can loan to coins. As a result, the supply of BTC is harder on the exchange and the counter desk, which helps to support higher prices.
Miner supply is still low
Another factor is miner sales. The strategy Michael Saylor pointed out that on June 10, miners are moving about 450 BTCs a day. Today’s fare is about $ 50 million in sales every day.
If the amount is fully purchased, Saylor should be higher. If only 450 coins hit the market every day, even humble demand can be tilted.
Market analysts support the idea that $ 130,000 is within the range. They quote the strong trends of large institutions this year. Institutional demand meets the reduced supply every day, and mathematics points out that it is at the freshest.
Nevertheless, not everyone stops selling at New Peaks. After living near a large milestone, large companies tend to benefit quickly. And loans to Bitcoin lead to risks when prices fall, leading to forced sales.
Macroeconomic movements and regulatory news can also change in any direction.
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