Short term Bitcoin holders (STHs) have been aggressively adding the OG cryptocurrency to their portfolios since September 2024, adding over 1.5M BTC. This takes the total tally of Bitcoin with STHs to 4M.
In case you didn’t know, short-term holders are those market participants who hold the token for less than 155 days. Can Short-Term Holders Buy More $BTC?
Interestingly, all of the previous Bitcoin rallies have come when short-term holders have exhausted their buying momentum. For instance, in the 2013 cycle, STHs held almost 5M BTC, while in the 2017 cycle, they had 6.2M coins. During the recent 2021 cycle, too, STHs stashed around 4.6M BTCs.
So, it’s quite clear that the current stock of 4M BTCs is far from the peak buying power of short-term investors. This means that there’s enough room for Bitcoin to swell to fresh highs.
On the other side, long-term holders (ones who have held the coin for more than 155 days) have offloaded 1.2M Bitcoins during the same time.
A large part of this is attributed to profit bookings after $BTC crossed the $100K mark in the aftermath of pro-crypto Trump winning the election. Since then, however, Bitcoin has been range bound, trading between $95K and $100K. The market participants’ data suggest a transfer of $BTC supply from long-term holders to short-term holders, indicating that the coin is getting ready for the next bull run.
Additionally, analysts also believe that $BTC (and crypto overall) has finally found a bottom.
If you want to benefit from the upcoming Bitcoin-fueled frenzy, how about investing in a pro-Bitcoin crypto presale like BTC Bull ($BTCBULL)? What Is BTC Bull?
BTC Bull is a meme-powered, community-driven token that rewards token holders with real $BTC airdrops every time the original cryptocurrency hits a new milestone, like $150K, $200K, and $250K.
It’s worth noting that BTC Bull is the only crypto project on the market right now that rewards token holders with actual Bitcoins. No wonder why it’s one of the best cryptos to buy now.
Not all crypto enthusiasts have the money to own a full Bitcoin, or even a sizable portion of it. This is the gap BTC Bull bridges, making it easy for investors who want to benefit from the upcoming Bitcoin bull run but without having to shell out thousands of dollars.
Analysts have predicted that $BTC is on course to hit $1M by 2030. With a lot of milestones to achieve on the way till that magic number, $BTCBULL offers a unique opportunity to join the bandwagon and become a crypto millionaire. Why Can BTC Bull 100x?
BTC Bull ($BTCBULL) allows you to create a sizable exposure in Bitcoin at just a fraction of the price.
In addition to free $BTC airdrops at above-mentioned milestones, there’ll also be a burn event when Bitcoin reaches $125K, $175K, $225K, and so on.
This will contract the total $BTCBULL supply, increasing demand and boosting its price. Simply put, apart from getting free $BTC, early investors can also benefit from the increase in the intrinsic value of BTC Bull itself. The BTC Bull presale went live on February 10 (less than a week ago) and has already raised a whopping $1.5M. Currently available for just $0.002365, BTC Bull is all set to be the next crypto to explode.
It’s also worth noting that you’re required to hold $BTCBULL in the Best Wallet App to be eligible for automatic $BTC airdrops.
Best Wallet App, by the way, is the best crypto wallet out there. It’s a non-custodial, multi-chain wallet with access to 60 chains, allowing you to manage 100% of your portfolio from within the app itself. Verdict – Invest in BTC Bull to Rally Behind Bitcoin’s Growth
As Bitcoin readies itself for the next leg up, BTC Bullcould very well be your last chance to cash in. How to buy $BTCBULL: Directly from the Best Wallet App.
OR Connect your crypto wallet to the official BTC Bull website and complete the purchase from there.
Find out more by checking out the whitepaper by $BTCBULL and their X feed.
As always, we highly recommend that you only invest an amount you’re comfortable losing, as the markets can be pretty volatile.
Also, this article isn’t investment advice, and you should do your own research before investing in crypto.