Bitcoin Recovers: Optimism Returns as Long-Term Investors Hold Their Coins

Bitcoin Recovers: Optimism Returns as Long-Term Investors Hold Their Coins

Optimism for Bitcoin: Market moves and trends examined

Bitcoin recently went through a challenging phase, with the price falling to an interim low of $76,700. However, the price has since experienced a significant recovery and has risen by almost $10,000. Blockchain analytics firm Glassnode reports that optimism is returning to the market. Long-term investors in particular who have held their Bitcoin for more than 155 days are again showing interest in buying.

Positive signals for the Bitcoin price

According to Glassnode analysts, this is a positive signal for the Bitcoin price. Between 2023 and 2025, long-term Bitcoin owners sold over two million Bitcoin in two different waves. However, each wave of selling was followed by a strong re-buying process that helped absorb selling pressure and create cyclical equilibrium. This could help stabilize the price.

In addition, investors who have not yet reached the 155-day mark but have been investing for three to six months are showing an increasing willingness to hold on to their coins. This group, which is almost considered long-term holders, has significantly increased its wealth. Many of these coins were purchased near all-time highs, and holding on to these positions is a sign of conviction, not capitulation.

Stagnant sales behavior among new investors

Glassnode highlights that selling behavior among investors who have held their Bitcoin for three to six months is at its lowest level since mid-2021. This inactivity suggests that investors who have recently entered the market are not selling their positions despite market volatility.

The Bitcoin price is currently at $84,780, which indicates new, slightly positive momentum. However, it remains to be seen whether Bitcoin can maintain this positive development, as the general investment climate is currently characterized by uncertainty. In particular, Donald Trump's trade policy and the tense situation in the US economy are causing concern. If there were a recession in the United States, another phase of a bull market for Bitcoin would be highly unlikely.

Overall, the current market situation shows that there is lasting conviction among investors, which could have a positive impact on the Bitcoin price. Nevertheless, the uncertainty surrounding economic developments remains an important factor that will significantly influence the future of Bitcoin.