No one will sell their Bitcoin once it taps $130K: Bitwise CEO

Bitcoin selling will “peter off” once Bitcoin’s price moves above $130,000, says a crypto executive.

Bitcoin sell pressure will have evaporated once it crosses the $130,000 mark, according to Bitwise CEO Hunter Horsley. 

“I think once Bitcoin breaks through, e.g., $130-150k, no one is going to sell their Bitcoin,” Bitwise CEO Hunter Horsley said in an X post on Wednesday. 

Galaxy Digital founder Mike Novogratz recently said the price range is possible this year, citing strong institutional flows and growing demand for digital assets.

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  • binancecoinBNB(BNB)$217.290.72%
  • rippleXRP(XRP)$0.521.75%
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  • cardanoCardano(ADA)$0.260196-0.85%
  • dogecoinDogecoin(DOGE)$0.0631641.33%
  • tronTRON(TRX)$0.0774861.09%
  • polkadotPolkadot(DOT)$4.501.99%
  • litecoinLitecoin(LTC)$65.301.07%
  • wrapped-bitcoinWrapped Bitcoin(WBTC)$26,065.000.00%
  • bitcoin-cashBitcoin Cash(BCH)$189.59-0.41%
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  • aaveAave(AAVE)$56.961.06%
  • havvenSynthetix Network(SNX)$2.06-0.07%
  • tezosTezos(XTZ)$0.701.39%
  • eosEOS(EOS)$0.581.13%
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  • bitcoin-cash-svBitcoin SV(BSV)$29.94-1.07%
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