{"id":166032,"date":"2024-05-13T16:16:15","date_gmt":"2024-05-13T16:16:15","guid":{"rendered":"https:\/\/crypto-economy.com\/?p=166032"},"modified":"2024-05-13T16:17:07","modified_gmt":"2024-05-13T16:17:07","slug":"bitcoin-price-swings-short-term-holders-panic","status":"publish","type":"post","link":"https:\/\/crypto-economy.com\/bitcoin-price-swings-short-term-holders-panic\/","title":{"rendered":"Bitcoin Price Swings: Short-Term Holders Panic, Long-Term Holders Stand Strong"},"content":{"rendered":"<p style=\"text-align: justify\"><strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">TL;DR<\/span><\/span><\/strong><\/p>\n<ul style=\"text-align: justify\">\n<li><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">Short-term Bitcoin investors are behind the recent price drops due to negative economic concerns in the US.<\/span><\/span><\/li>\n<li><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">Despite the sell-off by short-term investors, long-term BTC holders are not following the same path.<\/span><\/span><\/li>\n<li><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">The BTC network has surpassed one billion transactions, showing its strength and potential for future value.<\/span><\/span><\/li>\n<\/ul>\n<hr \/>\n<p style=\"text-align: justify\"><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">Amid global economic uncertainty, <\/span><\/span><strong><a href=\"https:\/\/crypto-economy.com\/what-is-bitcoin\/\" target=\"_blank\" rel=\"noopener\"><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">Bitcoin (BTC)<\/span><\/span><\/a><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\"> has seen significant fluctuations<\/span><\/span><\/strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\"> in its price.<\/span><\/span><\/p>\n<p><!--more--><\/p>\n<p style=\"text-align: justify\"><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">According to the &#8220;Bitfinex Alpha&#8221; <\/span><\/span><a href=\"https:\/\/blog.bitfinex.com\/wp-content\/uploads\/2024\/05\/Bitfinex-Alpha-104.pdf\" target=\"_blank\" rel=\"noopener\"><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">report<\/span><\/span><\/a><strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">, short-term Bitcoin investors<\/span><\/span><\/strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">, those who hold their positions for less than 155 days, <\/span><\/span><strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">are behind the recent<\/span><\/span><\/strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\"> price drops.<\/span><\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">This is attributed to <\/span><\/span><strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">concerns generated by negative economic indicators in the United States and cautious statements from the Federal Reserve,<\/span><\/span><\/strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\"> which has led these investors to <\/span><\/span><strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">sell their assets<\/span><\/span><\/strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\"> hastily.<\/span><\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">However, despite this <\/span><\/span><strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">sell-off by short-term investors<\/span><\/span><\/strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">, <\/span><\/span><strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">long-term holders<\/span><\/span><\/strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\"> are not following the same path.<\/span><\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">According to the \u201c<\/span><\/span><strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">Long-Term Holder Spending Binary Indicator<\/span><\/span><\/strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">,\u201d these investors <\/span><\/span><strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">have maintained their positions<\/span><\/span><\/strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">, suggesting a possible <\/span><\/span><strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">upward resolution for the <\/span><\/span><\/strong><strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">BTC<\/span><\/span><\/strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\"> price range <\/span><span style=\"vertical-align: inherit\">in the near future.<\/span><\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">This trend indicates <\/span><\/span><strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">solid confidence in Bitcoin&#8217;s long-term vision and its growth potential.<\/span><\/span><\/strong><\/p>\n<p style=\"text-align: justify\"><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">Additionally, the <\/span><\/span><strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">BTC<\/span><\/span><\/strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\"> network has reached a <\/span><\/span><strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">significant milestone<\/span><\/span><\/strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\"> by surpassing <\/span><\/span><strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">one billion transactions.<\/span><\/span><\/strong><\/p>\n<p style=\"text-align: justify\"><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">This achievement underscores the <\/span><\/span><strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">robustness<\/span><\/span><\/strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\"> and <\/span><\/span><strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">scalability<\/span><\/span><\/strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\"> of the BTC network<\/span><\/span><strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">,<\/span><\/span><\/strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\"> increasing its appeal as <\/span><\/span><strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">a store of value<\/span><\/span><\/strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\"> and <\/span><\/span><strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">global medium of exchange<\/span><\/span><\/strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">.<\/span><\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">The reduction in <\/span><\/span><strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">mining difficulty<\/span><\/span><\/strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\"> has also provided respite for <\/span><\/span><strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">post-halving miners<\/span><\/span><\/strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">, allowing them <\/span><\/span><strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">to obtain more Bitcoin with the same computational effort.<\/span><\/span><\/strong><\/p>\n<p><img fetchpriority=\"high\" decoding=\"async\" class=\"aligncenter size-full wp-image-83916\" src=\"https:\/\/crypto-economy.com\/es\/\/wp-content\/uploads\/sites\/4\/2024\/05\/bitcoin-3.jpg\" alt=\"Bitcoin Price Swings: Panic Among Short-Term Investors, Firmness of Long-Term Investors\" width=\"825\" height=\"300\" \/><\/p>\n<h2><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">These Bitcoin developments have had an impact on the broader financial markets<\/span><\/span><\/h2>\n<p style=\"text-align: justify\"><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">Volatility <\/span><span style=\"vertical-align: inherit\">in <\/span><span style=\"vertical-align: inherit\">BTC <\/span><span style=\"vertical-align: inherit\">and <\/span><strong><span style=\"vertical-align: inherit\">Ethereum <\/span><\/strong><strong><span style=\"vertical-align: inherit\">ETFs<\/span><\/strong><span style=\"vertical-align: inherit\"> reflects <\/span><\/span><strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">mixed<\/span><\/span><\/strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\"> investor <\/span><strong><span style=\"vertical-align: inherit\">sentiment towards <\/span><\/strong><strong><span style=\"vertical-align: inherit\">these assets.<\/span><\/strong><\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">While<\/span><\/span><strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">\u00a0ETFs<\/span><\/span><\/strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\"> saw net inflows last week, <\/span><\/span><a href=\"https:\/\/crypto-economy.com\/what-is-ethereum\/\" target=\"_blank\" rel=\"noopener\"><strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">Ethereum<\/span><\/span><\/strong><\/a><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\"> ETFs saw <\/span><\/span><strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">net outflows<\/span><\/span><\/strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">, reflecting <\/span><\/span><strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">a relative preference for Bitcoin at the moment.<\/span><\/span><\/strong><\/p>\n<p style=\"text-align: justify\">As Bitcoin remains a <strong>key benchmark<\/strong> in the cryptocurrency market and is widely regarded as a <strong>safe haven asset<\/strong>, investors and analysts are keenly observing these market movements and trends.<\/p>\n<p style=\"text-align: justify\">They are anticipating how these developments could <strong>potentially reshape the global economic landscape and influence<\/strong> the behavior of future investors in the cryptocurrency space.<\/p>\n<p style=\"text-align: justify\"><strong>Bitcoin&#8217;s<\/strong> status as a <strong>key benchmark<\/strong> is due to its <strong>long-standing position<\/strong> as the pioneer and most widely recognized cryptocurrency.<\/p>\n<p style=\"text-align: justify\">Its <strong>market performance<\/strong> often sets the tone for the <strong>broader crypto market,<\/strong> making it a <strong>crucial indicator<\/strong> for investors and market analysts alike.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>TL;DR Short-term Bitcoin investors are behind the recent price drops due to negative economic concerns in the US. Despite the sell-off by short-term investors, long-term BTC holders are not following the same path. The BTC network has surpassed one billion transactions, showing its strength and potential for future value. Amid global economic uncertainty, Bitcoin (BTC) &#8230; <\/p>\n<p class=\"read-more-container\"><a title=\"Bitcoin Price Swings: Short-Term Holders Panic, Long-Term Holders Stand Strong\" class=\"read-more button\" href=\"https:\/\/crypto-economy.com\/bitcoin-price-swings-short-term-holders-panic\/#more-166032\" aria-label=\"More on Bitcoin Price Swings: Short-Term Holders Panic, Long-Term Holders Stand Strong\">Read more<\/a><\/p>\n","protected":false},"author":33,"featured_media":166034,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[100,70,74],"tags":[4602,4620,4910,5001],"_links":{"self":[{"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/posts\/166032"}],"collection":[{"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/users\/33"}],"replies":[{"embeddable":true,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/comments?post=166032"}],"version-history":[{"count":5,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/posts\/166032\/revisions"}],"predecessor-version":[{"id":166038,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/posts\/166032\/revisions\/166038"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/media\/166034"}],"wp:attachment":[{"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/media?parent=166032"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/categories?post=166032"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/tags?post=166032"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}