People are holding bitcoin for there future purpose. Bitcoin changes the crypto currency world. The demand of bitcoin is increasing day by day . So the price of bitcoin is too much high. People are expecting that price of it will increase more in the future.
May be people are holding bitcoin for there future purpose, but there are some other reason why people are holding its bitcoin. By because of the unstable price of bitcoin, that sometimes it was rise and going down of its value, so people are holding there bitcoin and trying to wait the time that the price of bitcoin is too high. In addition, for them to hold there bitcoin for long term will makes a good investment that will get a profit. And lastly im just also holding my bitcoin because i was hoping that soon i will get or earned a big profit.