Bitcoin Seller Exhaustion Signal

"We have never had a "never sell" policy. The program does not require any BTC sale, and we expect to remain a net buyer of Bitcoin over time."

"Veteran wallets entered a deep sleep, which suggests one thing — everyone who wanted to lock in profits at high prices during the two-year rally has already done so, and the local selling pressure from long-term holders has disappeared."

""The eight-week ETF outflow streak broke. One turn, not a trend, but the marginal seller is drying up," De Mare noted, referring to investors willing to sell even as the price drops, eroding their profits."

"The market fear surrounding Strategy's recent Bitcoin sales is actually overblown, according to Standard Chartered. However, Standard Chartered now expects Bitcoin to reclaim the aforementioned level."

"He said that the Bitcoin sale gives Strategy more flexibility and reduces the one-way predictability that short sellers had been exploiting. 'If shorts believed Strategy would never sell Bitcoin, they could pressure MSTR and STRC with little fear of a buyback,' he said."

"That puts BTC below even the most discounted valuation band on the Bitcoin Rainbow Chart — a level the model historically flags as a rare and extreme buying signal."

"Markets tend to hate uncertainty, but BTC’s resilience since the start of the US and Israel-Iran war shows that traders are not keen to sell at lower levels."

"Markets tend to hate uncertainty, but BTC’s resilience since the start of the US and Israel-Iran war shows that traders are not keen to sell at lower levels."

"Hougan argues that BTC's price will rise when the supply of willing sellers is eventually depleted, just as it did in the gold market."

"However, a positive for Bitcoin and the broader crypto market is that BTC long-term holders have stopped selling."