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

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ODAILY
01-25
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Odaily reports that a cryptocurrency analyst says that short-term Bitcoin holders (those who have held Bitcoin for less than 155 days) seem more confident in the bullish momentum of the buy-in market, making him more optimistic about Bitcoin's price over the next 12 months. When the Bitcoin price rises, short-term holders enter the market in large numbers, indicating that they are "buying in out of fear of missing out." "The speculative behavior of short-term holders has laid a bullish tone for 2025." Meanwhile, occasional selling by long-term holders should not be a cause for concern, as it can "create healthy corrections and provide opportunities for new accumulation." According to an analysis by CryptoQuant contributor "Crazzyblockk" on January 24, long-term holders "have largely avoided massive sell-offs, and despite the current market volatility, have strengthened a strong HODLing sentiment." (Cointelegraph)

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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