Bitcoin: Glassnode Warns of Dual Holder Sell Pressure

Bitcoin faces simultaneous sell pressure as long-term holders realize losses and short-term holders who bought recent lows now lock in gains at volumes last seen near the May peak, both exiting into the same price recovery toward $66k. BTC trades at $65011.39 inside Bollinger Bands with upper resistance at $65909.93, while the bullish EMA50 support at $63584.16 and EMA200 at $63735.58 remain key floors; the MACD golden cross at 420.96 signals trend strength yet RSI at 61.11 stays neutral, suggesting price may test upper-band exhaustion before any deeper move. This dynamic directly shapes BTC price prediction models and raises crypto market crash risks if selling volumes accelerate, separate from any AI industry impact on broader risk assets.