Long-Term Bitcoin Hodlers Buying the Dip

[sirty143]

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...