Bitcoin body language have pointed to that direction lately with the hyke in fees and varius network congestions, it shows that there are multiple and high-traffic wallet activities regardless of whether the Bitcoin market is either in a bull run or bear market.
But the recent Bitcoin congestion and transaction fee surge is not caused by the demand in Bitcoin but rather caused by the NFT craze created by BRC20. I also think that Bitcoin will be going in that direction but the example you have given is proposing the other way.
I am personally anticipating a possible price increase.
There should be, I am also anticipating that Bitcoin will increase in the coming months. I suppose the hype of the Bitcoin halving will occur soon, the catalyst for bull market is on its way, so it isn't news that the price of Bitcoin will surge.
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Tweeted, and I quote -
because 10mil people trying to buy 1 BTC over a few years would push the price out of reach. And many current hodlers are not selling. Eg very few of the recent whole coiners would re-sell, probably moving up to their next target for extra bitcoin, most are trying to buy more!
Good to see that holders keep holding their Bitcoin. It's not because they just wanted to be the holder and hold Bitcoin. Of course, most are waiting for a good time to make a profit. Nobody is here to hold the coins forever. Let's say someone bought Bitcoin at 60K and still holding. Do you think he will still hold it forever? For sure, he will sell when the price reaches his target price, and they will wait for a correction and buy back again.
Everybody is waiting for a good time so they can make some profits. A company like Microstrategy is going to sell its holdings at some point. Most are trying to buy more because the next halving is very soon, and they might not be able to find BTC at 26K again before the halving.
Most of the holders knows that Bitcoin has the history of breaking its ATH after the halving event is done. So it is obvious that these holders wanted to take the best possible outcome of their investment and Bitcoin holding so they will continue to hodl until Bitcoin market started the series of record breaking ATH as the Bitcoin bull market peak.