📰 Bitcoin (BTCUSD) Faces Sell Pressure as Long-Term Holders Take Profits Amid $123K Rally
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Jul 18, 2025, 19:41 EDT
| 🔗 Source: NewsBTC
🧠 Summary
Bitcoin hits $123K ATH, but long-term holders are selling while short-term holders buy. Whale activity rising on exchanges signals potential sell pressure risking a correction near $111,800, though some see upside to $150,000 amid boosted liquidity on derivatives platforms.
💡 Why this signal?
- Institutional adoption is accelerating with new regulatory frameworks like Trump’s Genius Act enabling retirement fund allocations to Bitcoin, increasing institutional demand.
- Technical indicators such as RSI and MACD suggest bullish momentum despite a minor pullback, supporting continuation toward higher price targets.
- Market infrastructure expansion, including Charles Schwab’s entry into Bitcoin trading, validates mainstream acceptance and attracts conservative capital.
📈 BTCUSD Price Trend
⏱️ Impact Timing
as soon as the news is out
👥 Competitor Impact
No competitors impacted.
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