Bitcoin Just Broke Through Major Resistance Levels
BTC has successfully pushed past a significant resistance zone, marking a pivotal moment for the market. What's particularly noteworthy is the behavior of long-term holders during this rally—they're holding firm rather than taking profits at these levels. This reluctance to sell suggests strong conviction in higher valuations ahead.
When major holders refuse to exit at resistance breakthroughs, it typically signals underlying demand strength and confidence in sustained upside momentum. The refusal to capitulate at key technical levels is often viewed as a bullish signal by market analysts, indicating that this resistance break may have real follow-through potential rather than being a false breakout.
This kind of holder conviction combined with technical confirmation creates the conditions traders typically look for when anticipating continued directional momentum.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
8 Likes
Reward
8
7
Repost
Share
Comment
0/400
ContractHunter
· 01-18 11:22
Long-term holders holding on tightly, is this really the case this time or are they about to get chopped again?
View OriginalReply0
GasFeeNightmare
· 01-17 13:54
Long-term holders don't sell out? Watching the market for two hours late at night just to buy the dip, but the gas fees eat up half of my profit.
View OriginalReply0
MultiSigFailMaster
· 01-17 01:09
The long-term holders haven't moved, indicating that this wave really has something behind it.
View OriginalReply0
CommunityJanitor
· 01-15 12:13
Brothers, we're not selling. This rally is truly backed by solid confidence.
View OriginalReply0
GasFeeAssassin
· 01-15 12:13
Long-term holders holding on tightly, is this really the time to skyrocket?
View OriginalReply0
HackerWhoCares
· 01-15 11:48
Long-term holders do not sell, this is the real signal, otherwise it would have crashed long ago.
View OriginalReply0
TopBuyerForever
· 01-15 11:46
Long-term holders don't sell, that's the real signal. We're safe with this wave.
Bitcoin Just Broke Through Major Resistance Levels
BTC has successfully pushed past a significant resistance zone, marking a pivotal moment for the market. What's particularly noteworthy is the behavior of long-term holders during this rally—they're holding firm rather than taking profits at these levels. This reluctance to sell suggests strong conviction in higher valuations ahead.
When major holders refuse to exit at resistance breakthroughs, it typically signals underlying demand strength and confidence in sustained upside momentum. The refusal to capitulate at key technical levels is often viewed as a bullish signal by market analysts, indicating that this resistance break may have real follow-through potential rather than being a false breakout.
This kind of holder conviction combined with technical confirmation creates the conditions traders typically look for when anticipating continued directional momentum.