Bitcoin Future Forecast: Trends of Long Term Holders and the Next Rise Phase – Also Pay Attention to Bitcoin Hyper

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Bitcoin (BTC) has remained strong this week, rising from $116,000 to $121,930, with limited profit-taking movements. According to Glassnode's on-chain data, the realized gains for August have been averaging less than $750 million per day, significantly below the peaks of $2 billion seen in January and July, despite BTC trading near its all-time highs.

This is mainly because long-term holders (LTH) who have recently overcome volatility are still refraining from selling. Glassnode's "Realized Profit" metric measures the profits from coins sold above their acquisition price, and it shows that LTH have consistently realized more profits than short-term holders (STH), except during major breakout phases.

In July, when BTC reached its all-time high of $123,000, STH profits surged, largely due to investors who had accumulated during the "tariff shock" in March when it dropped to $76,000.

The current realized profits are significantly below the past peak, indicating that market sentiment is more focused on commitment rather than speculation, which could provide a stable foundation for a significant rise in Bitcoin's future.

Glassnode## Bitcoin (BTC/USD) Technical Analysis – Possibility of Breakout

Technically, Bitcoin has broken out of the descending channel that had been suppressing its price since mid-July. This bullish breakout is accompanied by a surge in trading volume, indicating the confidence of market participants.

On the daily chart, BTC has once again broken above the 23.6% Fibonacci level of $117,335 and is approaching the swing high of $123,236. This is a key resistance level where selling pressure may increase.

In the larger trend according to Trading View, the higher highs and higher lows, along with the 50-day moving average ($114,724), are providing strong support. The RSI is at 66.26, indicating no overbought condition and showing solid buying momentum, and the MACD has also confirmed a bullish cross above the zero line. The successive large bullish candles underline the strength of demand.

If the daily closing price exceeds $123,236, the next target will be $127,000, and the psychological milestone of $130,000 will come into view. On the other hand, if selling pressure is strong, $117,335 and $113,650, as well as the 50-day line, will likely serve as recent support.

Bitcoin Future Trading Strategies and Risks

For traders, this phase offers both breakout opportunities and chances for buying on dips.

• Bullish Scenario: Buy entry on a clear breakout above $123,236, with a stop around $119,800. Targets are $127,000 and $130,000.
• Conservative Entry: Wait for a retest to $117,335, and enter after confirming a rebound.
• Bearish Scenario: Short on a pullback at $123,000–$123,500, with the stop placed above $123,500, targeting $117,000.

As long-term holders continue to refrain from supplying the market, if we break through resistance, there is a possibility that upward pressure will accelerate rapidly. It is important to thoroughly check the volume backing when entering.

New Project: Bitcoin Hyper ($HYPER) – Merging the Security of Bitcoin and the Speed of Solana

The new attention project Bitcoin Hyper ($HYPER) is the first Bitcoin-native Layer 2 that combines the security of Bitcoin with the performance of Solana. By utilizing the Solana Virtual Machine (SVM), it enables low-cost and high-speed smart contracts, dApps, and even the issuance of meme coins.

While maintaining the security of BTC, we aim to provide a scalable and user-friendly environment, paving the way for the next generation of the Bitcoin ecosystem. With an audited and highly reliable design, investor interest is rapidly increasing.

The presale has already surpassed 9 million dollars and there is only a small amount remaining. The current sale price is $0.012675, but a price increase is scheduled soon.

👉 How to Purchase HYPER Tokens Simply visit the official site and connect your wallet (e.g., Best Wallet). You can easily participate with USDT, ETH, or a credit card.

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