Bitcoin Set for Explosive 2025: How HODLers and FOMO Traders Are Driving the Market
25.01.2025 20:00 1 min. read Alexander Zdravkov SHARE: 0 SHARES Bitcoin's price movements have sparked a unique dynamic in the market, with long-term holders continuing to buy during price dips and short-term traders jumping in during price rallies, creating a “bullish tone” for the year ahead, according to crypto analyst IT Tech. While long-term holders – those with Bitcoin for over 155 days – remain in control, accumulating more during price drops, their periodic sell-offs have created opportunities for new buyers to enter the market. This behavior reinforces confidence in Bitcoin’s future, despite market fluctuations. At the same time, short-term holders have been active in fueling market momentum. Their tendency to buy during rallies, driven by FOMO, has contributed to positive short-term price movements. IT Tech remains optimistic about Bitcoin’s price prospects over the next 12 months, noting that such buying behavior typically signals a continuing bullish trend. Currently, Bitcoin is trading at $104,390, and long-term holders are sitting on significant profits, with an average cost of $24,639 per coin. Despite Bitcoin’s volatility, the on-chain data reveals that most short-term holders are back in profit after Bitcoin’s recovery above $100,000. Overall, this mix of steady accumulation by long-term holders and reactive buying from short-term traders suggests that Bitcoin is poised to maintain its upward momentum, with opportunities for further gains as the year progresses. SHARE: 0 SHARES QR for the Bitcoin/Ethereum Address: QR for the Bitcoin/Ethereum Address: