Long-Term Holders Displaying Bullish Conviction In Bitcoin

Long-Term Holders Displaying Bullish Conviction In Bitcoin

Long-term holders are exhibiting much restraint from cashing out their unrealized profits in Bitcoin, indicating their optimism for further price rallies. Institutional accumulation remains the primary narrative reinforcing investor optimism in BTC. Steady institutional accumulation remains a key factor driving the long-term narratives in Bitcoin (BTC). According to CryptoQuant, long-term holders are currently at a…