Short-term Bitcoin holders are nearing a profit-taking zone, as their holdings have grown significantly in recent days. Historically, when this metric surpasses the 40% mark, it often signals potential sell pressure, pushing prices down. Analyst David Adler predicts short-term holders could hit this threshold around June 11th, 2025, based on current growth rates of approximately 0.818 percentage points per day. This prediction puts Bitcoin at a projected $162,000 by that time if the trend continues, but it’s crucial to remember this prediction is based on linear extrapolation and doesn’t account for unpredictable factors such as unexpected market shifts or influential events (such as political tweets).