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Opinion: Don't worry about occasional selling by long-term Bitcoin holders, which can create healthy pullbacks

2025-01-25 08:23

Odaily News The cryptocurrency analyst said that short-term Bitcoin holders (those who have held Bitcoin for less than 155 days) seem to have more confidence in buying into the market's upward momentum, which makes him more optimistic about Bitcoin's price in the next 12 months. When Bitcoin prices rise, short-term holders enter the market in large numbers, indicating that they are "entering the market due to fear of missing out." "The speculative behavior of short-term holders sets a bullish tone for 2025." At the same time, occasional selling by long-term holders should not be a cause for concern because they can "create healthy pullbacks and provide opportunities for new accumulation." According to another analysis conducted by CryptoQuant contributor "Crazzyblockk" on January 24, long-term holders "have largely avoided large-scale sell-offs, reinforcing the strong HODLing sentiment despite the current market volatility." (Cointelegraph)