Bitcoin Supply is Rapidly Decreasing: Selling Pressure is Increasing

Recently, the rate of profit-taking among Bitcoin investors has rapidly increased, while the market's supply is significantly declining. The decrease in the number of investors within the group known as long-term Bitcoin (BTC) investors stands out as a remarkable situation in the markets.

Particularly, the 100 thousand dollar band has become a critical defense line established by the bulls. However, the sales made by the long-term investor group are among the factors that could make it difficult for prices to remain stable at this critical level.

Historically, periods of intense selling by long-term investors are often associated with peak formations or high volatility. This suggests that the current selling pressure could have a significant impact on market balance.

While profit-taking by long-term investors may increase short-term downward pressure, it could also signal the onset of periods where new buyers enter the market. Therefore, whether these sales will continue is crucial in determining the overall trend of Bitcoin prices.

It is important for investors to closely monitor these developments in the Bitcoin market and to consider that the 100 thousand dollar level could be a breaking point. As profit sales continue, deeply examining their effects on market dynamics will be a significant step in making investment decisions.

Bitcoin, crypto market, profit realization, BTC, price analysis, 100 thousand dollars, long-term investors