Market Impact of Tariffs and Analyst Insights
The tariffs imposed by US President Donald Trump, which caused Bitcoin to experience many sharp and sudden drops in 2025, will continue to affect BTC in 2026 as well. Finally, Bitcoin experienced a sharp drop due to the tariffs that Trump will impose on the EU as a result of his threat regarding Greenland. As Bitcoin continues to fluctuate, Bitfinex analysts have highlighted selling zones for long-term investors.
Bitfinex analysts noted that selling pressure from long-term BTC holders has slowed, which they said is a positive sign for an uptrend.
Breaking Through Resistance Levels
Cryptocurrency exchange Bitfinex stated in its latest weekly report, Bitfinex Alpha, that Bitcoin broke through the $94,000-$95,000 resistance level last week, reaching a two-month high of $97,850. Stock market analysts added that this breakout led to the largest short squeeze and rise in the last 100 days, resulting in a decrease in open positions and some improvement in the market structure as leveraged positions were closed.
Identifying Long-Term Investor Selling Zones
However, Bitfinex analysts highlighted that the $93,000-$110,000 range is an area where long-term investors (LTHs) engage in heavy selling, historically limiting upward price movements.
“This price range has historically limited recoveries, and long-term investors are still showing a clear selling bias.”
According to analysts, although LTHs are currently net sellers, the report noted that weekly sales volume based on realized profits has fallen to approximately 12,800 BTC, and the slowdown in the pace of selling is a positive signal for BTC.
The Path to a New All-Time High
Bitfinex stated that if this trend continues, BTC could break through this significant resistance zone and continue its rise towards a new all-time high. For a stable breakout above this supply zone, long-term investor selling pressure needs to lessen further. This could open the door for a more sustainable recovery and another attempt towards an all-time high.
“If this problematic and main resistance zone, stemming from long-term investors, is overcome, a rally towards a new all-time high (ATH) could occur, potentially breaking records.”