One thing that everyone says is to keep holding bitcoin no matter what. Even when the price goes down because it will continue to rise and even if it rises keep holding because it will also keep rising. The average time coins are held in a wallet has decreased over the past few weeks. While to some this may indicate negative signals, Santiment says that this is necessary to keep a rally alive.
“This adds weight to the argument that the market is in an active phase, and not just being driven by short-term speculation,” People selling just means that coins are being brought back into circulation and allows the network to grow. Do you agree? I think this is a different approach to what we usually see when people see the price dropping and people taking profit.
Bitcoin has long secured its place on the market, and the market is the circulation of an asset. Some people will hold, some will sell, and there will be those who trade, buying and selling very frequently. This is what the circulation of an asset on the market is. That is why I believe that the recent news trying to manipulate the market by saying that Bitcoin is being sold and therefore the market will fall, I don't agree with that. Because if there are sales, there are also purchases, and Bitcoin has been holding above 100k for quite a long time now. This shows that it is holding strong on the market and there is constant demand for it.