Bitcoin (BTC) investors are famous for their ability to “hodl” through price dips, but new data sheds light on how long they may be prepared to continue.
In a tweet on Jan. 16, on-chain analytics firm Glassnode noted that holder behavior currently mimics how Bitcoin behaves during the least extreme part of its price cycles.
Reserve Risk: Bitcoin price ‘depressed,’ hodlers hodl on
Referring to its Reserve Risk (R-Risk) metric, Glassnode argued that current buying and selling trends are…
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