Long-Term Bitcoin Holders' Selling Stagnates: A signal to Watch
Long-term Bitcoin holders currently control approximately 12.6 million 
BTC, and historical patterns make this group a key indicator of Bitcoin's market cycle phases.
As Bitcoin approached its new all-time high earlier this year, there was a sharp decline in the holdings of long-term holders. However, this decline has recently stabilized, suggesting a potential turning point.
While this could be a temporary pause, it's valuable to compare this pattern with similar historical periods. The marked periods in 2019 and 2013 show a similar trend, where a multi-month drawdown followed a rally. In both cases, despite the downturns, Bitcoin eventually went on to establish new highs.
BTC, and historical patterns make this group a key indicator of Bitcoin's market cycle phases.As Bitcoin approached its new all-time high earlier this year, there was a sharp decline in the holdings of long-term holders. However, this decline has recently stabilized, suggesting a potential turning point.
While this could be a temporary pause, it's valuable to compare this pattern with similar historical periods. The marked periods in 2019 and 2013 show a similar trend, where a multi-month drawdown followed a rally. In both cases, despite the downturns, Bitcoin eventually went on to establish new highs.
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Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Get access to advanced on-chain analytics for hundreds of crypto assets on app.intotheblock.com/
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.