On January 15, news, Bitcoin prices have recently rebounded, returning to the key selling zone that has repeatedly suppressed gains since the end of last year. The latest analysis from on-chain data provider Glassnode shows that compared to the high-level phase in 2025, the pace of profit-taking by long-term holders has significantly slowed, providing some room for Bitcoin prices to continue rising.
Glassnode defines wallets holding coins for more than five months as long-term holders. Data indicates that when Bitcoin prices in 2025 are well above $100,000, this group realizes profits of over 1 million BTC weekly; whereas in the current phase, weekly profit-taking has decreased to about 12,800 BTC, significantly reducing selling pressure. Glassnode points out that profit-taking still exists but has weakened considerably compared to the previous concentrated distribution phase.
Over the past two weeks, Bitcoin has risen approximately 10%, with prices re-entering the historically dense supply zone between $93,000 and $110,000. On-chain records show that since November last year, multiple rebound attempts have been blocked at the lower boundary of this zone, with new sell orders continuously appearing, limiting the formation of a trend reversal.
Analysis suggests that the slowdown in long-term holder selling helps the market gradually digest historical selling pressure, creating conditions for Bitcoin to test the $100,000 mark. However, Glassnode also emphasizes that only when the supply within this price range is effectively absorbed can the market potentially see a more sustained structural reversal.
It is important to note that macro risks remain a potential variable. If tensions in the Middle East escalate further, risk aversion sentiment could rise, potentially exerting short-term pressure on risk assets including Bitcoin. For traders, changes in trading volume and on-chain distribution within key sell zones remain important signals for judging subsequent directions.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Bitcoin ETFs will surpass Gold ETFs in scale, according to James Seyffart
James Seyffart predicts that Bitcoin spot ETFs may surpass gold ETFs in assets under management as investor demand evolves. Bitcoin is seen as a versatile investment option, while gold remains traditional. Despite recent declines, both asset classes have seen significant fund flow activity.
TapChiBitcoin29m ago
Bitcoin ETFs 'will be larger' than gold ETFs: Analyst
Spot Bitcoin exchange-traded funds (ETFs) could surpass gold ETFs in total assets under management (AUM) as investor demand expands beyond the traditional “digital gold” narrative, according to ETF analyst James Seyffart.
“There are just more use cases of why somebody would put a Bitcoin ETF in a p
Cointelegraph46m ago
Bitcoin hits weekly low on oil fears as analyst teases $10K BTC price target
Bitcoin (BTC) received a $10,000 price warning as stocks took a fresh hit over oil-supply fears at Thursday’s Wall Street open.
Key points:
$10,000 BTC prices may return as the market struggles to hold ground, says new analysis.
Bitcoin and US stocks take a further beating as markets
Cointelegraph1h ago
Fidelity Investments: Bitcoin testing long-term support—are bullish divergences signaling a potential base being formed?
Fidelity Investments’ chief macroeconomic officer, Jurrien Timmer, analyzes Bitcoin’s price action and believes it is finding support in the $65k to $70k range, showing strong technical signals. Bitcoin is currently at relatively low levels versus the power-law support line and the Golden Ratio Z-score, which could be setting up a bullish divergence. If it can hold steady, the market may correct and rebound, but investors need to watch out for inflation and liquidity risks.
ChainNewsAbmedia2h ago
Here's what 'cracking' bitcoin in 9 minutes by quantum computers actually means
Google's Quantum AI team said earlier this week that a future quantum computer could derive a bitcoin private key from a public key in roughly nine minutes. The number ricocheted across social media and spooked markets.
But, what does it actually mean in practice?
Let's start with how bitcoin
CoinDesk2h ago
