2025-01-27 18:43
Bullish Outlook for Bitcoin in 2025
Analyst IT Tech notes that long-term Bitcoin holders (LTH) are accumulating during dips, while short-term holders buy during FOMO-driven surges, creating a bullish sentiment for 2025.
Currently trading at $98,480, Bitcoin briefly hit an all-time high above $109,000 in January. LTH average cost is $24,639, indicating strong profits. Data shows 80% of short-term holders returned to profitability after Bitcoin's recovery above $100,000.