Bitcoin’s Road to $100,000 Is Crowded With Would-Be Sellers
· macro · Sentiment: bearish
Bitcoin’s path toward $100,000 faces significant overhead supply, as on-chain data and derivatives positioning show clusters of long-term holders and short-term speculators ready to sell between $90,000 and $100,000. Multiple analysts highlight that realized price levels, ETF inflows, and options open interest indicate heavy resistance in this range, with sellers likely to cap upside momentum until substantial volume is absorbed. The key implication is that a clean breakout above $100,000 will require exhaustion of this concentrated sell-side liquidity, potentially delaying or intensifying volatility before a sustained bull-market continuation.