Bitcoin is entering a breakout phase as selling pressure from long-term holders, or OG holders, significantly decreases, according to Cryptoquant analyst Dark Frost. The 90-day average of spent UTXOs has fallen from a cycle high of 2300 BTC to around 1000 BTC, indicating a trend towards holding. This shift coincides with the largest net outflow of Bitcoin from exchanges since December 2024, suggesting a potential price target of $107,000 in the short term. Technical indicators, reduced selling pressure, and continued BTC outflows from exchanges are driving this momentum. Additionally, the correlation between Bitcoin and gold has turned negative, a historical precursor to a 56% average rise in Bitcoin's price over two months. These factors collectively support the bullish outlook for Bitcoin's near-term performance.