news

bitcoin

1 X bitcoin bitcoin =

Tuesday

22 September 2020

Bitcoin speculators hit all-time lows as Grayscale says BTC like 2016

Bitcoin speculators hit all-time lows as Grayscale says BTC like 2016


smart summary beta

Bitcoin (BTC) hodlers are beating out speculators in a sign that the cryptocurrency’s bull run is “just beginning,” data suggests.

As Cointelegraph reported, analysts have already argued that the current state of Bitcoin echoes 2016, roughly 18 months before its all-time highs of $20,000.

“It’s also worth noting that the Bitcoin blockchain reveals that there has never been a higher level of Bitcoin owned for more than one year,” Bonello notes. 

Goto Full Article

bitcoin bitcoin price

$9106.76

24h

Live Average

bitcoin

News Article Sentiment

negative

Score (-0.1)

Article Metadata

author

site

cointelegraph.com
Market data feeds provided by cryptocompare.com
bitsmart 2018