Bitcoin&#8217;s long-term investors now hold 80% of all BTC in circulation, which could trigger the next leg higher into price discovery, if history repeats.

Bitcoin price gained 72% and 84% the last two times BTC holders did this

Blockchain competitors and recent decisions by institutional investors chip 
away at Solana’s market share. Will this impact SOL price?

SOL futures funding rate turns negative: Is $180 the next stop?

The Bitcoin market appears to be coiling for a major move, according to 
prominent crypto analyst CrediBull Crypto (@CredibleCrypto), who highlighted 
today via X that over 80% of all Bitcoin in existence is currently being held 
by long-term investors—levels of supply constraint previously seen only at 
major inflection points in Bitcoin’s price history. Why No One’s Selling 
Bitcoin In his post, CrediBull noted, “The only 2 times in Bitcoin&#8217;s 15 year 
history that this % was higher was at 43k before a $30,000 impulse to 73k and 
at 58k before a $50,000 impulse to 105k+.” Drawing on this historical 
precedent, he concluded that the market is poised for another massive leg up: 
“When the majority of $BTC total circulating supply is cornered by ‘diamond 
hands’, price moves up aggressively at the hint of any ‘new’ demand.” With 
&#8220;excess&#8221; supply now redistributed to long-term holders and institutional 
entities such as Bitcoin treasury companies increasingly taking the lead, the 
analyst sees a clear signal: “The next impulse IS IMMINENT. This next one will 
also likely be even bigger than the last two ($50,000+). Who&#8217;s ready for 150k+ 
Bitcoin?” Related Reading: 2025’s Biggest Bitcoin Bull Trigger Is Still 
Hidden, Expert Reveals The optimism is not without a technical underpinning. 
In a previous post, CrediBull addressed the current market structure and his 
own Elliott Wave-based scenario planning: “My original count/idea shared a few 
days ago had us rejecting at range highs above 110k and seeing a pullback down 
to the BLUE zone at 102k-ish before moving sideways for a few more weeks 
before the next impulse begins.”However, the analyst acknowledged a 
significant alternative possibility: “I do still think this scenario is 
probable, I also recognize that there is a non-zero chance that the next 
impulse up has already begun (most bullish scenario depicted).” Given the 
price action and structure, CrediBull argued that the risk-reward profile no 
longer favors bearish positioning. “In either case, downside is relatively 
limited on Bitcoin from current levels imo and so focus should be on 
identifying potential long opps on Bitcoin rather than looking to short clear 
strength.” Related Reading: Bitcoin’s Liquidity Lifeline Just Got Cut—What You 
Need To Know He punctuated the point with a rhetorical jab: “Why is it now 
illegal to short Bitcoin? Because there is a non-zero chance that the next 
impulse up has already begun.” Adding a layer of technical confirmation, 
analyst Axel Adler Jr provided a concurrent signal from volatility metrics. 
Adler pointed to a significant Bollinger Bands squeeze underway, writing: “The 
range between the upper and lower boundaries has fallen to 7.7%—one of the 
lowest values throughout the entire bull cycle.” Such compressions in 
volatility historically precede large directional moves. Adler explained, “The 
decrease in volatility indicates energy accumulation in the market; the price 
is ready for a rally, and in an upward trend environment, the chances of an 
upward breakout are significantly higher.” In the current cycle, Adler has 
identified six episodes of such squeezes. Four were immediately followed by 
strong price appreciation, while the remaining two saw brief corrections 
before continuing upward. The takeaway: “Based on this experience, the current 
squeeze most likely foreshadows another upward impulse, although a small 
consolidation before the move is also not ruled out.” With long-term holders 
now controlling an overwhelming share of supply, bullish technical compression 
in play, and institutional adoption continuing to absorb circulating coins, 
the environment CrediBull describes echoes past moments of explosive upside. 
While nothing is guaranteed, the combination of on-chain metrics and technical 
indicators suggest Bitcoin’s next chapter may already be beginning—quietly, 
beneath the surface. At press time, BTC traded at $108,738. Featured image 
created with DALL.E, chart from TradingView.com

Last Time This Happened, Bitcoin Jumped $50,000—Is History Repeating?

The judge reportedly said she would not be inclined to have attorneys bring up 
the US Treasury’s 2022 sanctions against Tornado Cash after they were 
withdrawn in March.

Judge signals Tornado Cash sanctions may be barred from Roman Storm trial

Global markets face a critical test from potential U.S. tariffs and the debt 
ceiling, even as cryptocurrencies exhibit unusual calm supported by 
institutional inflows, according to an analysis by Singapore-based digital 
asset trading firm QCP Capital. Analysis Shows Bitcoin Supported by Inflows 
While Global Markets Navigate Trump Trade Threats President Trump has set an 
August […]

QCP Capital: Markets Brace for August Tariffs, Debt Ceiling Amid Crypto Calm

Perpetual futures see over $100 billion in daily trading volume, yet most 
platforms still cater to pros. Phantom’s mobile-first approach could be the 
bridge or the breaking point for retail adoption. On July 8, Phantom, the 
crypto wallet best known…