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Short Term Holders

All articles tagged with #short term holders

cryptocurrency1 year ago

Bitcoin Short-Term Holders Brace for Volatility Amid Price Struggles

Short-term holders of Bitcoin (STH) play a crucial role in the cryptocurrency market, with nearly 50% of Bitcoin’s realized capitalization currently in their hands. Their behavior, as observed through on-chain analysis, has historically correlated with BTC price movements. Analysts suggest that if Bitcoin's ongoing correction leads to the area of the realized STH price, Bitcoin could reach the $55,000 mark, representing a 25% drop from its current all-time high. However, even such a deep correction would not disrupt the structure of the long-term bull market, unless it leads to a loss of support and deeper declines triggering a medium-term bear market.

cryptocurrency2 years ago

Crypto Market Slides as Bitcoin and Altcoins Lose Ground.

Bitcoin prices have fallen as short-term holders in losing positions send coins to exchanges, while long-term holders appear to have strong conviction. The sentiment of investors with shorter and longer-term horizons has diverged, with short-term holders driving the overall market narrative. Meanwhile, whales are removing coins from exchanges, suggesting bullishness. The recent combination of factors has increased uncertainty in markets, with investors more concerned about banking and other macroeconomic uncertainties than encouraging inflation and employment data.

cryptocurrency2 years ago

Bitcoin's Future Uncertain as Price Drops and Speculators Profit.

Glassnode's latest investigation into on-chain activity reveals that short-term holders (STHs) are responsible for the recent speculative behavior in Bitcoin, including profit-taking. The market value to realized value (MVRV) metric shows that STH-MVRV is falling towards its equilibrium point of 1.0, where the spot price matches the cost basis. For this to complete, BTC/USD would need to fall to $24,400. Long-term holders (LTHs) have also been selling into rallies, increasing the overall share of BTC classed as "young supply." Overall, LTHs remain in control of the supply, with net new entries "relatively soft."

cryptocurrency2 years ago

Bitcoin's Future Price Direction and Latest Surge Analyzed Amidst Fed's Rate Decision and S&P 500 Competition.

The profitability of bitcoin held by short-term investors and the supply of stablecoins are two indicators that could have a greater impact on crypto investors than the recent Federal Reserve interest rate decision. 97.5% of bitcoin circulating supply held by short-term investors is now in profit, while the total supply held by long-term holders has increased 5% over the past year. An expansion of stablecoin supply indicates an increase in capital available for deployment, which would be attractive for investors with a bullish view on BTC. Monitoring short-term holders and stablecoin supply will give clues to the extent that BTC may move higher.