Since September 2024, short-term Bitcoin holders (STHs) have aggressively added the original cryptocurrency to their portfolios, accumulating over 1.5 million BTC. This brings the total holdings of Bitcoin by STHs to 4 million BTC.
For those unfamiliar, short-term holders are defined as market participants who retain the token for less than 155 days.
Can Short-Term Holders Buy More $BTC?
Historically, previous Bitcoin rallies have typically occurred when short-term holders have exhausted their buying momentum. For example, during the 2013 cycle, STHs held nearly 5 million BTC, while in the 2017 cycle, they amassed 6.2 million coins. In the 2021 cycle, STHs amassed around 4.6 million BTC.
This indicates that the current total of 4 million BTC among short-term investors is significantly below their peak buying capacity. This implies there is considerable room for Bitcoin to reach new heights.
In contrast, long-term holders, those retaining the coin for more than 155 days, have sold off 1.2 million Bitcoins during the same period. A significant portion of this selling can be attributed to profit-taking after Bitcoin surged past the $100K milestone following the pro-crypto victory of Trump’s recent election. Since that spike, Bitcoin has remained largely stable, trading within the $95K to $100K range.
Market data suggests a transfer of Bitcoin supply from long-term holders to short-term holders, which indicates the potential preparation for the next bull run. Analysts also believe that Bitcoin (and the overall crypto market) has found its bottom.
To benefit from the anticipated Bitcoin-fueled frenzy, consider investing in a pro-Bitcoin crypto presale like BTC Bull ($BTCBULL).
What Is BTC Bull?
BTC Bull is a meme-powered, community-driven token that rewards holders with real Bitcoin airdrops every time the original cryptocurrency reaches a new milestone, such as $150K, $200K, and $250K.
Notably, BTC Bull is the only crypto project currently offering token holders actual Bitcoins as rewards. This attribute has positioned it as one of the best cryptos to buy now.
Not every crypto enthusiast can afford a full Bitcoin or a substantial portion. BTC Bull addresses this gap, enabling investors to experience the potential gains of an upcoming Bitcoin bull run without needing to invest thousands of dollars.
Analysts predict that Bitcoin is on track to hit $1 million by 2030. With various milestones to reach en route to that remarkable figure, BTC Bull presents a unique opportunity to join the journey towards becoming a crypto millionaire.
Why Can BTC Bull 100x?
BTC Bull ($BTCBULL) allows for significant exposure to Bitcoin at a fraction of the price. Alongside the promised airdrops when Bitcoin hits the aforementioned milestones, there will be a burn event triggered at $125K, $175K, $225K, etc., which will contract BTC Bull’s total supply, enhancing demand and driving up its price. In essence, early investors not only benefit from free Bitcoin but also from the rising intrinsic value of BTC Bull itself.
The BTC Bull presale, which began on February 10, has already raised an impressive $1.5 million. Currently priced at just $0.002365, BTC Bull appears poised to be the next crypto to explode.
It is essential to note that ownership of $BTCBULL must be maintained via the Best Wallet App for automatic Bitcoin airdrops.
The Best Wallet App is a top-tier, non-custodial, multi-chain solution that allows users to manage their entire portfolio across 60 chains within a single platform.
Verdict – Invest in BTC Bull to Rally Behind Bitcoin’s Growth
As Bitcoin gears up for its next significant upward movement, BTC Bull could represent one of your final opportunities to capitalize on this potential.
How to buy $BTCBULL:
- Purchase directly from the Best Wallet App.
OR
- Connect your crypto wallet to the official BTC Bull website and complete the purchase.
For more information, check out the whitepaper by $BTCBULL and their X feed.
As always, only invest what you can afford to lose, as the cryptocurrency markets can be highly volatile.
This article is not financial advice, and it is wise to conduct your own research before making any investment decisions in crypto.
