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Bitcoin LTH Distribution Not Over Yet – Can Institutions Absorb The Remaining Supply?

  • Bitcoin spiked to $107,000 before retracing, leading to market volatility and uncertainty among investors.
  • Long-Term Holders have decreased their supply of Bitcoin in the market, hinting at profit-taking as prices hit new highs.
  • The current price consolidation around $100K is seen as a crucial level for Bitcoin, with resistance near ATH posing a challenge.
  • Institutional demand will play a significant role in absorbing future Bitcoin supply, while bulls aim to reclaim momentum above $106K.

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