Bitcoin's Rally Still in Full Swing
In the past 24 hours, the price of Bitcoin has fluctuated between $113,546.81 and $114,984.20, marking a 0.63% increase to its current price of $114,450.53 [2]. This volatility has not deterred long-term holders, who have more than 50% of unrealized profit [8].
Recent analysis by CryptoQuant suggests that long-term holders, especially those who have held Bitcoin for over 155 days, are exerting a significant impact on market stability and future gains [1]. These holders have realized over $1 billion in profits within 24 hours by selling around $365 million worth of BTC [1]. While this activity introduces some uncertainty about Bitcoin’s near-term price trajectory, it is more characterized as calculated adjustment than panic selling [1].
Institutional investors are also playing a crucial role in the ongoing bull run. Companies like Metaplanet are expected to continue acquiring Bitcoin to increase their portfolio [7]. These institutional holders provide "bigger, stickier capital" that tends to stay invested longer, altering Bitcoin’s traditional four-year cycle dynamics [4]. The entrance of these institutional investors, alongside sustained long-term holder accumulation at all-time highs, contributes to reduced volatility and increased market maturity [4].
The shift towards liquidity-sensitive, macro-correlated behavior creates a more stable price foundation, supporting expectations of future gains [4]. Moreover, increasing regulatory engagement and institutional adoption (e.g., ETFs and public companies holding BTC) further underpin the bullish market environment for 2025 and beyond [4][5].
Bullish market participants anticipate Bitcoin to reach $116,000. If this level is breached, approximately 91% of assets in profit could help propel a breakout to $150,000 [6]. However, short-term traders might impact the price trajectory as they go for profit-taking, which could lead to a correction on the market [3].
It's important to note that U.Today is not liable for any financial losses incurred while trading cryptocurrencies.
References:
- CryptoQuant
- CoinMarketCap
- U.Today
- Bloomberg
- Business Insider
- Forbes
- Metaplanet
- Institutional investors, such as Metaplanet, are continuing to invest in Bitcoin, contributing to the ongoing bull run by providing "bigger, stickier capital" that alters Bitcoin’s traditional four-year cycle dynamics.
- Calculated adjustments by long-term holders, who have held Bitcoin for over 155 days, have led to over $1 billion in profits within 24 hours, suggesting a significant impact on market stability and future gains.
- As the price fluctuates, short-term traders might impact the price trajectory and cause potential profit-taking, leading to temporary corrections in the crypto market.
