Investors Keep Accumulating Bitcoin (BTC). And Bitcoin New Milestones

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While Bitcoin (BTC) is moving between $ 28-29 thousand, investors continue to accumulate Bitcoin. Bitcoin is currently trading at $28918.

The number of addresses holding 0.1+ BTC, the number of non-zero BTC addresses, and the number of addresses holding 1+ BTC reached the new ATH. It is quite remarkable that Bitcoin has reached new milestones.


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According to Glassnode data, the number of non-zero BTC addresses reached an ATH of 46,227,591. In other words, there is BTC at the address 46,227,591 BTC. This also shows an increase in new investors in Bitcoin.


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According to Glassnode data, the number of addresses holding 0.1+ BTC has reached an ATH of 4,336,769.


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In addition, the number of addresses holding 1+ BTC reached an ATH of 996,504.

Bitcoin's reaching new milestones shows that investors continue to accumulate BTC, and it also shows that there is an increase in new investors. I honestly don't know if these milestones herald a bull market, but when I analyze the historical data of Bitcoin, the behavior of investors is similar to that of investors before previous bull markets.

Bitcoin is currently trading at $28918, even if the price goes up or down, I remain bullish on BTC and HIVE . HIVE is currently trading around $0.39. According to the data above, I see an increase in the number of investors who agree with me, which makes me more optimistic.

I think Bitcoin will exceed $50,000 and HIVE will exceed $1 this year . What is your Bitcoin and HIVE price prediction?

This is not financial or investment advice.

Posted Using LeoFinance Alpha



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10 comments
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Really interesting post, If this is not the year I think it will be the next one For BTC and HIVE to go high, because of the BTC halving, and I hope the financial crisis will end too. but who knows, we just can speculate in the present and invest in what we believe has real value.

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Frankly, that's what I do, investing in cryptos that I trust and believe in. I don't know which direction prices will go in the short term, but I am very optimistic in the long term.

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i think the same like @taradraz1 next year is more likely the big one, partly because of BTC halving.
its already doubled the price from the bottom (what i thought will be lower), and it never goes up without pullbacks, the first one can come at this price, or a bit later between 40-50k. but in the end, i wont sell anything, unless BTC did not reach at least 150k (except some huge outperformance of btc.)

you asked the time question, what nobody can predict. and i dont care too much anymore. it happens when it happens. if it does earlier, thats great, if just later on, i still won't panic.

anyway, i dont have btc, rarely use (only to exchange), i have zero trust in that generally, and in the very long run. basically they are turning it into a cbdc, and thanks, but i wont use any.

not so optimistic about Hive. generally about cryptos and most of the coins what i picked, yes i am, but not Hive, although i still think it will do couple of x, if btc hits 150k, but i dont think, it will reach new ATHs.

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In the short term I think like you. It is very difficult to know which direction prices will go. But I'm very optimistic about Hive and Bitcoin in the long term. I believe Bitcoin could rise before the halving and reach 220K in 5-10 years. And many new apps are added to the Hive chain that attract people's attention, so I believe it can rise in the future.

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