Dormant Bitcoin Mirrors 2016 Run-Up to $20K BTC Price or 100k?
As a bitcoin Hodler myself I am ready for the next big bull run and by many voices and well-known voices and by following a trend it is clear to me that BTC will not only PUMP but ATH will occur, will it reach 50k or maybe even 100k a coin? Dreamin but it's possible.
Back in 2016 when everything looked quite it happened BTC hit *20K a coin it exploded it made many people millionaires and left many many more wondering if only.
The train is boarding are you going to miss out once again?
More than 61% of the supply of bitcoin has not moved since 2016 according to sources.
Dormant BTC channels 2016
Despite a hectic year for Bitcoin price action, the data shows that over 61% of the supply remained >dormant through highs and lows.
This is a record, U.S. exchange Kraken's business development director, Dan Held, added.
Glassnode noted that early 2016 likewise recorded similar behavior among hodlers. The implication is >that there is a reluctance to trade or sell and a belief that it will be more profitable to save.
BITCOIN to moon
If BTC does reach ATH so will ALT Coins and thus Hive will also reach ATH and many of you will be happy, but I will be moving some funds around to catch some more BTC it might dip before it pops.
*FOMO is in the air.
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