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.
“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.”
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.
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.
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.”
*This is not investment advice.