What are the critical developments for Bitcoin investors?

In recent weeks, the price of Bitcoin has gained strong momentum, indicating that the share of long-term investors in the market is also rapidly increasing. This rise stands out as a critical signal for the sustainability of the current bull rally. Long-term holders of Bitcoin have shown significant growth over the last 18 months to 2 years. This situation represents a change beyond the wait-and-see approach.

According to a CryptoQuant analyst, long-term investors have historically been known as patient investors who typically wait without selling during bear markets. However, the approval of spot Bitcoin Exchange-Traded Funds (ETFs) at the beginning of 2024 has structurally changed the behavior of this group. Now, these investors hold Bitcoin not only with their old habits but also with a strategically strengthened confidence boosted by increased institutional acceptance.

According to the data from the CryptoQuant analyst, this rise in the proportion of long-term holders symbolizes a transition from passive patience to active belief in the market. Investors are now taking conscious action to position themselves for the long-term value appreciation of Bitcoin beyond just weathering short-term fluctuations. If this trend continues, it is anticipated that the Bitcoin market will enter a period where long-term confidence is strengthened at an institutional level. This not only supports the current rally but could also stabilize prices in the coming months.

Consequently, the most important points for Bitcoin investors to pay attention to are the processes of institutional acceptance and the strategies of long-term investors towards the market. Additionally, monitoring price fluctuations and revisiting strategies based on these fluctuations are also critically important.