Long-Term $BTC Hodlers: Back in the Bullpen! 💪🌞

Good news for BTC believers, according to CryptoQuant.com! Long-term holders, the ones who've been sitting on their #BTC for a while, seem to be feeling bullish again.

Here's the gist: 💥💻

1) Even though some of them sold some Bitcoin earlier this year when the price was climbing, the ones holding for over 3 years haven't budged. They keep stacking! 🔒

2) More than half of all Bitcoin hasn't been moved in over a year, which shows strong conviction from these long-term investors.🗿

3) As the price bounces back, these hodlers are stopping their sales and holding on tight again. Looks like they think the price will keep rising. 👀

The key thing to watch now is the price itself. If it stays above a certain level (don't worry about the technical jargon), things could stay positive for Bitcoin. If it dips below that level, it might take a temporary tumble. 🫠

Long-term Bitcoin holders are feeling optimistic, but keep an eye on the price to see what happens next! DYOR! #MtGox #btc70k