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[SCAMEXPOSER]

It is a good thing that the cryptocurrency market is getting stable and fearless. The recent report from Glassnode shows that despite the recent bullish recovery of Bitcoin about 70% of Bitcoin wallets hold about 13.3 million BTC didn't release their coins for sales.
In your opinion and experience what is the effect of this decision in the cryptocurrency market?.

 

[SCAMEXPOSER]

The target is to hit 100,000 dollars,I don't know how much profit they want to accumulate after 5 months, anybody that is still in the market at this point is been greedy.

I don't think that they are greedy because everybody enters the market and different rates of Bitcoin price and they will definitely want to make significant gain before the trade off.

 

[Brain]

The target is to hit 100,000 dollars,I don't know how much profit they want to accumulate after 5 months, anybody that is still in the market at this point is been greedy.

Well, I don't think it been greedy it is still them investing in the market and trying to see what they can make off it. So people are just use to trading crypto currency whether good or bad

 

[Ononivami1]

The increased number of hodlers is good for the bitcoin market. The price movement that we experienced is as a result of the increased in the buying pressure.

 

[Brain]

The increased number of hodlers is good for the bitcoin market. The price movement that we experienced is as a result of the increased in the buying pressure.

Yeah each activities that comes with either high buying or selling comes with its own pressure. But I like the movement that brings more of increase price and value as more people will gain

 

[Flower]

The decision taken by the bulls is a very strong one. This is evident in the strong buying pressure experienced lately. It wise to continue holding bitcoin right now.

 

[Balint098]

They believe and are having the capability to holdout at least until bitcoin reaches maybe 100,000 USD in valuation. That is a common strategy among long term investors.

 

[SCAMEXPOSER]

They believe and are having the capability to holdout at least until bitcoin reaches maybe 100,000 USD in valuation. That is a common strategy among long term investors.

you're right I know it is possible that lots of people will be trading their coins when the price is about to reach $100,000 or slightly above it.

 

[Ononivami1]

Yeah each activities that comes with either high buying or selling comes with its own pressure. But I like the movement that brings more of increase price and value as more people will gain

The bulls have won the battle convincingly. The market sentiment have escaped the extreme fear region and the bullish run continues.