Post
Topic
Board Trading Discussion
Topic OP
BTC Price Drop - How are Bitcoin Long-Term Holders Responding?
by
Elena_Rodriguez
on 18/11/2022, 07:22:24 UTC
Despite a rise in volatility and massive losses for BTC the long-term holders are positive. It is observed during recent sell-offs and downturns, those who hold for a long time generally remain optimistic and are patiently waiting for the price to rise again. On-chain fundamentals are strong and with the halving set to come in the near future the supply of bitcoin will be restricted and will create further upward price pressure.

What are your thoughts on this? What could be the rise of price by end of 2022?