This Group is Signaling a Rebound in Bitcoin: They are Holding On Despite Everything! - Coin Bulletin

Bitcoin (BTC) investors' long-term attitudes may herald a new uptrend despite the correction in the market.

Despite the recent corrections in the Bitcoin market, it is observed that investors are holding onto their Bitcoins for an increasing period of time. According to the analysis by CryptoQuant analyst ShayanBTC, the ratio of coins held for 3 to 6 months is rapidly increasing. This indicates that investors prefer to accumulate their Bitcoins instead of selling them and continue to pursue their long-term strategies despite market fluctuations.

The 'Realized Cap UTXO Age Bands (%)' metric, used in on-chain analyses, measures how long investors hold their Bitcoins. Currently, the increase in the proportion of coins held for 3 to 6 months recalls accumulation behaviors during the prolonged correction period in the summer of 2024. This indicates a situation where Bitcoin investors generally do not sell when prices drop and when there is less supply in the market, prices tend to move upward again.

ShayanBTC points out that the resilient attitude of Bitcoin investors has historically led to the formation of market bottoms and the start of new uptrends. As long-term investors continue to accumulate coins, the supply in the market decreases.