The number of hodlers

[lalabotax]

Although the on-chain indicators point towards the worst-ever BTC bearish market, they also underscore the increasing resilence of hodlers.
The number of hodlers not selling ever under extreme market conditions has become higher than in previous bearish markets.

How do you know if more people prefer to hold in the current bearish market? It is according to your own research or you get the information from a certain source? Please share the source link if it is not your own research.

It is actually not really surprising if more holders not selling their coins during the current bearish because they already know well how bearish-bullish works. They know bearish won't last forever, and they know if the next bullish probably happens after the next halving. It can be learned from the previous bearish-bullish. I think it indicates that holders become smarter and braver.

https://www.livemint.com/market/cryptocurrency/2022-crypto-bear-market-worst-in-history-report-11656317619942.html
https://cointelegraph.com/news/a-brief-history-of-bitcoin-crashes-and-bear-markets-2009-2022

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1715586700

[AmoreJaz]

Although the on-chain indicators point towards the worst-ever BTC bearish market, they also underscore the increasing resilence of holders.

The number of holders not selling ever under extreme market conditions has become higher than in previous bearish markets.

I think it is a little too soon to be talking about this since the bear market is not over, we can talk with certainty about what happened during 2018 and beyond since that bear market is over.

But in this case, the bear market is still ongoing so there is a possibility that many people that are still holding their coins today get desperate and sell their coins if the price of bitcoin keeps going down and it shows no possibility of recovering during the short term.

People already know how to take advantage of the bearish market so most investors nowadays are accumulating and holding more Bitcoin since the price is still cheap. Lots of investors are holding while waiting for the market situation to get better and for the price to recover so the number of holders isn't questionable.

those are crypto users who have strong belief that bitcoin has good future. most of them i believe, have seen the countless up and down movements of btc throughout the years. so for them, this period is one of the good opportunities to accumulate more before it goes up again. this is the good thing in this market, we all have our freedom how to put our game plan in order to improve out portfolio.

[Kelvinid]

those are crypto users who have strong belief that bitcoin has good future. most of them i believe, have seen the countless up and down movements of btc throughout the years. so for them, this period is one of the good opportunities to accumulate more before it goes up again. this is the good thing in this market, we all have our freedom how to put our game plan in order to improve out portfolio.

It is vital for us to learn to ignore these dumps and consider holding and buying more. Real investors won't just look at the daily market changes as it is really a big factor that could their minds but what they do is focus on the long-term possible reach of the market believing that it grow further. In fact, as we can see institutional investors and whales are still accumulating more potential coins as they are sure about the future of the market.

We are in fact so thankful that many people had learned to hold despite the situation as this even help not to worsen the market drop.

[Codswallop]

Well, not everyone wants to sell as soon as the market goes through a major shift. Many people hold until the market recovers a little before they make their moves. I don’t think the market will dip compared to the previous years. It is still bearable.

[BobK71]

Although the on-chain indicators point towards the worst-ever BTC bearish market, they also underscore the increasing resilence of holders.
The number of holders not selling ever under extreme market conditions has become higher than in previous bearish markets.

I think it is a little too soon to be talking about this since the bear market is not over, we can talk with certainty about what happened during 2018 and beyond since that bear market is over.
But in this case, the bear market is still ongoing so there is a possibility that many people that are still holding their coins today get desperate and sell their coins if the price of bitcoin keeps going down and it shows no possibility of recovering during the short term.

People already know how to take advantage of the bearish market so most investors nowadays are accumulating and holding more Bitcoin since the price is still cheap. Lots of investors are holding while waiting for the market situation to get better and for the price to recover so the number of holders isn't questionable.

For those who have been observing the movement of BTC for a long time and who believe in BTC, neither bearish nor bullish can change their mind. Rather, they interpret bearish markets as an opportunity. In a bull market there is a possibility that the market can fall down anytime. Similarly, the opposite happens at bearish Market. So consider this bearish market as a way to change your fortunes. Hold on according to your ability.

[Questat]

Well, not everyone wants to sell as soon as the market goes through a major shift. Many people hold until the market recovers a little before they make their moves. I don’t think the market will dip compared to the previous years. It is still bearable.

That is also what I think but, we can't assure that everything went okay and no longer a huge drop to come after this short break. The price went a little bit high giving some chance to sell which is it become uncertain if this uptrend momentum will stay longer or just another drop taken again.

For now, we haven't a clear vision of what it happen next but I was predicting for the price it never goes far away from $20k, might just it go around from $20k- $25k.