Bitcoin Supply 80% Locked: Is $150K the Next Stop for BTC?
Long-term holders and treasury buys shrink supply—analysts eye $150K if demand surges.
Crypto Laddin
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According to crypto trader CrediBULL Crypto, more than 80% of all Bitcoin is now held by long-term holders. This limited circulating supply means any rise in demand could send prices soaring.
He points out that in previous cycles, heavy holding at $43K pushed BTC to $73K, and at $58K it later surged past $100K. He now believes another similar move could take Bitcoin to $150,000.
Adding to the supply squeeze are public companies holding Bitcoin as a treasury asset. Strategy (formerly MicroStrategy) now holds 597,325 BTC and continues to buy more. Marathon Digital, Metaplanet, GameStop, Genius Group, Blockchain Group, and Nakiki SE have joined the list.
With so much BTC locked up and minimal sell pressure, even modest new demand could drive an outsized price move.
Bitcoin is currently trading at $108,312, down 0.53% over the past 24 hours.
