More Bitcoin is held by strong hands than at any point, ever!

in #bitcoin2 months ago

Bitcoin is in better shape now than it was at the highs

The strongest of the strong hands bought the dip in bitcoin.

Now we have a situation where there is more bitcoin with strong hands than at any other point in its history, including at the $65k highs.

Check it out:

image.png

(Source: https://twitter.com/mskvsk/status/1421384042298101761)

That means it will be easier than ever before to push the price higher as there won't be as much sell pressure.

A little demand comes in and we are back to the highs!

Bitcoin is stronger now than ever before, especially when you factor in a rebounding hashrate from miners more decentralized than ever before.

The next few months are going to be excited as long as Congress doesn't do something stupid!

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Thank You for sharing Your insights...

Oh! Good news? These people can play around with the prices?!