The NYT comments that Bitcoin is the only currency that is not plummeting. This Hodl chart shows Hodling at an all time high of 86.3% for coins held for more than 3 months. This peak has always happened at market bottom.
The NYT comments that Bitcoin is the only currency that is not plummeting. This Hodl chart shows Hodling at an all time high of 86.3% for coins held for more than 3 months. This peak has always happened at market bottom.
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3 comments
I think it's quite possible that the bottom is in, but it just doesn't mean the bull market is set to happen any time soon
It can take months I guess.
Yup