Bitcoin Price Prediction: Long-Term Holders Refuse to Sell – Next Leg Up Could Shatter Expectations
Bitcoin (BTC) is holding firm near $121,930 after rallying from $116,000 earlier this week, even as profit-taking activity remains muted. On-chain data from Glassnode shows that daily realized profits are averaging under $750 million in August—well below January and July peaks of $2 billion, despite BTC trading close to record highs. ✦ 𝐖𝐞’𝐯𝐞 𝐨𝐟𝐟𝐢𝐜𝐢𝐚𝐥𝐥𝐲 𝐜𝐫𝐨𝐬𝐬𝐞𝐝…
