Featured Sections
- Latest News
- Bitcoin
- Ethereum
- Altcoins
- Trading
- NFTs
- Blockchain Technology
- Regulatory Updates
- Crypto Security Risks
- HODLX
- Guest Posts
- Industry Announcements
HODLX
- Recent Headlines
- FAQ
- Submit Your Guest Post
Industry Announcements
- Latest News
- Press Releases
- Chainwire
- Sponsored Content
- Submit Your Content Here
Crypto Markets
- Guest Post Submissions
- Press Release Submissions
- Sponsored Content Submissions
- Advertise with Us
Bitcoin Analysis
Bitcoin Warnings Issued by Analytics Firm: Potential Sell-Off Zones Identified - Know the Marked Levels
Crypto analytics firm, Glassnode, is sounding the alarm for Bitcoin investors, warning of potential resistance levels that may cause a market correction. The firm predicts that long-term holders (LTHs), or entities that have been holding their BTC for more than 155 days, may begin selling their Bitcoin around the $100,000 mark based on an unrealized profit margin metric.
"Historically, LTHs begin distributing more aggressively around a 350% unrealized profit margin, which aligns with a BTC price of ~$99,900. As the market nears this level, increased sell-side pressure is likely, requiring strong demand to absorb it."
Interestingly, Glassnode observes that LTHs have been buying Bitcoin aggressively since it surpassed the $90,000 price mark, indicating the potential for reaching the $99,000 level.
"Long-Term Holders continue to accumulate, with +254,000 BTC aging beyond 155 days since the recent low - many bought above $95,000. Spending remains light, signaling renewed confidence and a lack of interest in de-risking at current prices."
Should Bitcoin successfully break the $100,000 resistance level, the flagship cryptocurrency may hit new all-time highs, according to Glassnode. However, this also means that a significant amount of break-even holders could exit their positions, as well as rising LTH profits that could further contribute to supply pressure.
"A clean breakout could open the path to price discovery above $100,000. However, this combined with rising LTH profits creates a key resistance zone. Potential break-even sellers and LTH profits create a sell-side supply that may need strong demand to absorb it."
Currently, Bitcoin is trading around $97,345, relatively stable compared to its previous day.
Industry Announcements
- aZen Secures $1.2 Million in Funding and Web 3.0 Grants to Develop Decentralized AI Platform, Onboarding 600,000 Users - May 1, 2025
- Bitcoin Seoul 2025 Announces Local and Global Industry Leaders for Asia's Largest Bitcoin-Focused Conference - April 28, 2025
- FLOKI and Rice Robotics Partner to Launch AI Companion Robot with Token Rewards - April 28, 2025
- STEPN Collaborates with the Argentina Football Association to Release Exclusive NFT Drop - April 28, 2025
- BYDFi Unveils Ledger Hardware Wallet in Collaboration with TOKEN2049 Dubai - April 28, 2025
- Grindery, the Team Behind Popular Telegram Wallet, Launches Blockchain Infrastructure for AI Agents - April 28, 2025
- Common Introduces Privacy Web App with Subsecond Proving Times for Arbitrum and Aleph Zero EVM - April 27, 2025
- With the potential resistance levels in mind, investigating altcoins beyond Bitcoin could offer a diverse portfolio for financially savvy individuals, strategically navigating the rising deglobalization of finance through investing in unique cryptocurrencies.
- As Ethereum increases its network dominance, blockchain technology's opportunities continue to expand, with numerous stories emerging about developers creating decentralized applications on the platform, further emphasizing its importance in the cryptocurrency landscape.
- As long-term holders (LTHs) begin selling their Bitcoin around the $100,000 mark, due to an unrealized profit margin metric, one might ponder the potential implications for the overall cryptocurrency market and weigh the benefits of holding Bitcoin versus altcoins in a diversified portfolio.
- Over at HODLX, you can find a wealth of industry announcements, press releases, sponsored content, and guest post submissions, allowing you to stay well-informed about the latest happenings in the crypto world, from NFTs to regulatory updates.
- In the realm of cryptocurrency and investing, it's essential to keep up-to-date with the latest news and developments, including Bitcoin analysis, Altcoin trends, regulatory updates, and company announcements, to make informed decisions and leverage opportunities that may arise during this period of deglobalization in finance.
