Long-term holders are holding more than 75% of Bitcoin

Long-term-holders-are-holding-more-than-75-of-Bitcoin

Long-term holders are holding more than 75% of all existing #Bitcoin. These are percentages we haven't seen since October 2015.

This is important because long-term holders are experienced market participants who've seen different phases of the market. They have a lower spending behavior statistically and thereby these are the hodl'ers form the last resort, providing Bitcoin strong support.

In the bear market-phase where Bitcoin is right now,  coins are shifting from younger, less experienced market participants to long-term holders. This process will take time, but when it has been completed #Bitcoin can start a new phase.