Maartunn
Maartunn
BTC+1.51%
šŸ§µ Bitcoin Market Analysis | August 8, 2025 Appreciate the love on the last thread. Hereā€™s a smoll follow-up. šŸ§ Previously, we noted strong support in the $108Kā€“$112K range. Since then, the easy move played out: price bounced from on-chain support at $112K and pushed up to resistance around $117.5K. Here is what's next šŸ‘‡
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Maartunn
Maartunn
šŸ§µ Bitcoin Market Analysis | August 6, 2025 Trying something new today: a market thread. šŸ“ˆ Bitcoin broke its all-time high, but hereā€™s the catch: long-term holders are started to sell into the strength. What happend and what can we expect? Letā€™s break it down šŸ‘‡
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2/ Price is at $117,500. A large cluster of previous buyers is concentrated in this range. These are primarily Short-Term Holders.
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3/ The Realized Price for 1-week to 1-month holders is $117.6K, aligning precisely with the current on-chain resistance zone.
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4/ I do expect some profit-taking. This group has returned to break-even, as the Short-Term Holder Spent Output Profit Ratio (STH SOPR) recently dipped below 1. This shows they were (on average) selling at a loss.
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5/ A slowdown or period of consolidation seems reasonable at this stage. The key question is: how long will it persist? ETF flows remain a critical factor to monitor, as they've been a major driver of recent price action.
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6/ To close: I expect a slowdown, but do your own research. Iā€™m not a wizard, and I donā€™t have a crystal ball. I simply try to extrapolate what Iā€™ve historically seen in the data and apply it to the present. Sometimes I get it right, sometimes I donā€™t. Let me know if you liked it ā¤ļø
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