Bitcoin Hodlers Strong as Over 80% of BTC in OG Hands Signals Impending Price Surge

80% of Bitcoin is now being hodl’d, historically signaling upcoming rallies. A break above $110,000 resistance could lead to increased volatility, with traders eyeing a rise to $130,000. Long-term holders show strong conviction despite BTC trading near all-time highs. Supply held by LTHs hit an all-time high of 14.7 million BTC on June 5, worth $1.6 trillion. Traders anticipate bullish volatility, positioning for a potential breakout from $100,000-$110,000 range. Large players adding exposure to September $130,000 calls, signaling a bullish Q3 outlook. BTC/USDT liquidation heatmap shows liquidity clusters above $110,000.

Read more at Cointelegraph: Over 80% Bitcoin in OG Hands Hints Looming BTC Price’ Impulse’ Move Toward New Highs