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Cryptocurrency Ecosystem => Bitcoin Forum => Bitcoin News & Updates => Topic started by: sirty143 on March 22, 2020, 12:08:42 PM

Title: Long-Term Bitcoin Hodlers Buying the Dip
Post by: sirty143 on March 22, 2020, 12:08:42 PM
(https://cimg.co/w/articles-attachments/3/5e7/49fcbcebce.jpeg)

Despite a brutal price crash last week, long-term bitcoin (BTC) “hodlers” are still not scared away, and instead appear to be using the lower prices as a buying opportunity, a new analysis showed.

According to the report, prepared by blockchain analysis firm Glassnode and published on Thursday, a metric known as the “Hodler net position change” is currently showing a reading above zero (green area on the chart), indicating that hodlers on average are accumulating bitcoin again. See more for yourself here (https://cryptonews.com/news/long-term-bitcoin-hodlers-buying-the-dip-6081.htm)...