strong buy

Record Surge in Bitcoin Long-Term Holders

Data from CryptoQuant indicates that the proportion of Bitcoin held by long-term investors has surged to a new high over the previous month.
Source available for registered users Sign Up Free

AI Analysis

The notable rise in Bitcoin's long-term holder supply suggests that a significant number of investors are retaining their bitcoins rather than liquidating, which often indicates confidence in the asse...

AI Recommendation

Given the increase in long-term holding, one could consider maintaining a bullish stance on Bitcoin, especially if the trend sustains. Investors should observe whether this accumulation continues and ...

Disclaimer

The AI analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.

You might also be interested in: