Bitcoin Short-Term Holder Selloff Alert

Bitcoin Faces Potential Selloff from Short-Term Holders

• The Bitcoin Short-Term Holder (STH) Market Value to Realized Value (MVRV) Ratio recently rose above 1, indicating net unrealized profits.
• The MVRV Ratio for STHs currently stands at 1.09, suggesting moderate profit levels compared to past rallies.
• Significant selling pressure may occur at STH MVRV Ratios of 1.25 and 1.35, corresponding to Bitcoin prices of $118,000 and $128,000.
• Bitcoin is trading around $103,200, marking a rise of over 2% in the last week.

The current STH MVRV Ratio of 1.09 indicates that short-term holders are in profit but not significantly enough to trigger mass selloffs yet.