Are Bitcoin OGs Finished Selling? Analysts Weigh In

[cryptohog]

Concerns about long-term holders offloading Bitcoin have dominated market discussions in recent months. But some analysts believe the aggressive selling phase may be slowing. On-chain analyst Will Clemente recently suggested that Bitcoin OGs appear to be “done selling aggressively for now,” potentially easing one of the biggest headwinds facing the market.

Meanwhile, Michaël van de Poppe of MN Trading Capital said Bitcoin must establish a higher low to confirm continuation of the upward trend. For now, price action remains fragile, but with large wallet distribution expanding and selling pressure potentially cooling, traders are watching closely for signs that the next bullish phase may be quietly forming.

[cryptoenthusiast]

“done selling aggressively for now” is the most emotionally cautious sentence i’ve ever read