Bitcoin's market history shows a high percentage of profitable days holding BTC, highlighting its strong long-term value retention. Glassnode data shows that in the 5,060 days since its inception, holding Bitcoin has been profitable for 4,954 days, accounting for 97.9% of all trading days. This metric highlights the consistent upward trajectory of Bitcoin's value over time.
The returns of holding Bitcoin for most of its life highlight its resilience and appeal as a long-term investment. Even amid volatility, the cryptocurrency has demonstrated remarkable resilience and surpassed previous price levels. This trend is likely driven by factors such as increased institutional adoption, technological advancements, and growing acceptance of Bitcoin as a store of value.
According to Lookintobitcoin, data shows that investors who hold Bitcoin for the long term mostly profit, reinforcing the notion that Bitcoin is a trustworthy asset. This insight provides context for understanding Bitcoin's performance and potential future digital asset market trends.
Bitcoin's profitable days. Source: Lookintobitcoin
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