{"id":658633,"date":"2024-12-07T05:00:55","date_gmt":"2024-12-07T05:00:55","guid":{"rendered":"https:\/\/ktsl888.com\/?p=658633"},"modified":"2024-12-06T16:34:29","modified_gmt":"2024-12-06T16:34:29","slug":"bitcoin-market-at-a-crossroads-are-long-term-holders-signaling-a-correction-or-a-rally","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/bitcoin-news\/bitcoin-market-at-a-crossroads-are-long-term-holders-signaling-a-correction-or-a-rally\/","title":{"rendered":"Bitcoin\u2019s Market at a Crossroads: Are Long-Term Holders Signalling a Correction or a Rally?"},"content":{"rendered":"

The role of Bitcoin long-term holders (LTHs) has again come under the microscope of analysts as the asset currently faces a 4.5% correction from its all-time high (ATH) above $100,000<\/a> created on Thursday.<\/p>\n

These holders, defined as those who retain their Bitcoin for over 155 days, are known to influence market movements through their accumulation and distribution behaviors significantly.<\/p>\n

A recent analysis<\/a> by CryptoQuant analyst Datascope has highlighted key trends in LTH activity that could signal the next phase for Bitcoin.<\/p>\n

Related Reading: Hut 8 Unveils $750 Million Initiative To Establish Strategic Bitcoin Reserve<\/a><\/div>\n

Key Trends And Historical Context<\/h2>\n

Datascope\u2019s insights highlight the importance of the LTH accumulation\/distribution<\/a> ratio as an on-chain metric. This ratio reflects whether LTHs are amassing Bitcoin, indicative of market bottoms, or liquidating holdings during price peaks, often signaling corrections.<\/p>\n

Historical patterns from 2013 and 2017 saw LTHs engaging in substantial selling at market highs, while periods like 2019 and 2020 were marked by intense accumulation, paving the way for bull markets.<\/p>\n

According to datascope’s analysis, the peaks of 2013 and 2017, which were characterized by heightened selling activity from LTHs, correlated with significant price corrections.<\/p>\n

\"Bitcoin
BTC Long term holder accumulation\/distribution ratio metric. | Source: CryptoQuant<\/figcaption><\/figure>\n

These corrections, fueled by profit-taking, marked the culmination of bullish cycles. Conversely, during the lows of 2019 and 2020, LTHs exhibited strong accumulation tendencies<\/a>, which signalled confidence in Bitcoin\u2019s long-term potential and laying the groundwork for subsequent price surges.<\/p>\n

Now in 2024, datascope pointed out that the LTH metric is once again providing critical insights into market conditions. Recent data reveals increased selling activity among LTHs, a behaviour observed during periods of market overheating or resistance at current price levels.<\/p>\n

While this trend could hint at an impending correction<\/a>, it also raises the possibility of the market transitioning into a new accumulation phase. Echoing this, a recent report from CryptoQuant reveals there has been sustained buying pressure from US investors.<\/p>\n

\n

Bitcoin passes $100k as institutional demand drives the market.<\/p>\n

The Coinbase Premium Index highlights sustained buying pressure from U.S. investors. pic.twitter.com\/eZvKFCmVxs<\/a><\/p>\n

\u2014 CryptoQuant.com (@cryptoquant_com) December 5, 2024<\/a><\/p><\/blockquote>\n

Current Outlook On Bitcoin<\/h2>\n

Bitcoin has continued to see decline in its price following the $103,679 ATH recorded yesterday. At the time of writing, BTC has dropped 2.2% in the past 24 hours with a current trading price of $99,208<\/a>.<\/span><\/p>\n

\"Bitcoin
BTC price is moving upwards on the 2-hour chart. Source: BTC\/USDT on TradingView.com<\/a><\/figcaption><\/figure>\n

Regardless of this, the asset appears to still be in an uptrend. over the past month, Bitcoin is still up by roughly 33.6% with a current market capitalisation of $1.965 trillion.<\/p>\n

Related Reading: Is Bitcoin\u2019s $100K Just the Beginning? Key Insights from Supply Distribution Data<\/a><\/div>\n

datascope commenting on Bitcoin’s current market outlook wrote:<\/p>\n

The market is at a crossroads, potentially entering a new upward cycle or consolidating before a deeper correction. With Bitcoin in an “overheated” zone, investors should exercise caution and evaluate profit-taking opportunities.<\/p><\/blockquote>\n

Featured image created with DALL-E, Chart from TradingView<\/p>\n","protected":false},"excerpt":{"rendered":"

The role of Bitcoin long-term holders (LTHs) has again come under the microscope of analysts as the asset currently faces a 4.5% correction from its all-time high (ATH) above $100,000 created on Thursday. These holders, defined as those who retain their Bitcoin for over 155 days, are known to influence market movements through their accumulation and distribution behaviors significantly. A recent analysis by CryptoQuant analyst Datascope has highlighted key trends in LTH activity that could signal the next phase for Bitcoin. Related Reading: Hut 8 Unveils $750 Million Initiative To Establish Strategic Bitcoin Reserve Key Trends And Historical Context Datascope\u2019s insights highlight the importance of the LTH accumulation\/distribution ratio as an on-chain metric. This ratio reflects whether LTHs are amassing Bitcoin, indicative of market bottoms, or liquidating holdings during price peaks, often signaling corrections. Historical patterns from 2013 and 2017 saw LTHs engaging in substantial selling at market highs, while periods like 2019 and 2020 were marked by intense accumulation, paving the way for bull markets. According to datascope’s analysis, the peaks of 2013 and 2017, which were characterized by heightened selling activity from LTHs, correlated with significant price corrections. These corrections, fueled by profit-taking, marked the culmination of bullish cycles. Conversely, during the lows of 2019 and 2020, LTHs exhibited strong accumulation tendencies, which signalled confidence in Bitcoin\u2019s long-term potential and laying the groundwork for subsequent price surges. Now in 2024, datascope pointed out that the LTH metric is once again providing critical insights into market conditions. Recent data reveals increased selling activity among LTHs, a behaviour observed during periods of market overheating or resistance at current price levels. While this trend could hint at an impending correction, it also raises the possibility of the market transitioning into a new accumulation phase. Echoing this, a recent report from CryptoQuant reveals there has been sustained buying pressure from US investors. Bitcoin passes $100k as institutional demand drives the market. The Coinbase Premium Index highlights sustained buying pressure from U.S. investors. pic.twitter.com\/eZvKFCmVxs \u2014 CryptoQuant.com (@cryptoquant_com) December 5, 2024 Current Outlook On Bitcoin Bitcoin has continued to see decline in its price following the $103,679 ATH recorded yesterday. At the time of writing, BTC has dropped 2.2% in the past 24 hours with a current trading price of $99,208. Regardless of this, the asset appears to still be in an uptrend. over the past month, Bitcoin is still up by roughly 33.6% with a current market capitalisation of $1.965 trillion. Related Reading: Is Bitcoin\u2019s $100K Just the Beginning? Key Insights from Supply Distribution Data datascope commenting on Bitcoin’s current market outlook wrote: The market is at a crossroads, potentially entering a new upward cycle or consolidating before a deeper correction. With Bitcoin in an “overheated” zone, investors should exercise caution and evaluate profit-taking opportunities. Featured image created with DALL-E, Chart from TradingView<\/p>\n","protected":false},"author":580,"featured_media":658650,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[88240],"tags":[428,629,1119,78790,10923,83531],"class_list":["post-658633","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin-news","tag-bitcoin","tag-bitcoin-market","tag-btc","tag-btcusdt","tag-crypto-market","tag-cryptoquant"],"acf":[],"yoast_head":"\nBitcoin Market at a Crossroads: Are Long-Term Holders Signalling a Correction or a Rally?<\/title>\n<meta name=\"description\" content=\"The role of Bitcoin long-term holders (LTHs) has once again come under the microscope of analysts as the asset currently faces a...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ktsl888.com\/bitcoin-news\/bitcoin-market-at-a-crossroads-are-long-term-holders-signaling-a-correction-or-a-rally\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bitcoin Market at a Crossroads: Are Long-Term Holders Signalling a Correction or a Rally?\" \/>\n<meta property=\"og:description\" content=\"The role of Bitcoin long-term holders (LTHs) has once again come under the microscope of analysts as the asset currently faces a...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ktsl888.com\/bitcoin-news\/bitcoin-market-at-a-crossroads-are-long-term-holders-signaling-a-correction-or-a-rally\/\" \/>\n<meta property=\"og:site_name\" content=\"NewsBTC\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/newsbtc\" \/>\n<meta property=\"article:published_time\" content=\"2024-12-07T05:00:55+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-12-06T16:34:29+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/12\/DALL\u00b7E-2024-12-06-16.50.30-A-compelling-digital-illustration-of-Bitcoins-market-at-a-crossroads-visually-represented-by-a-Bitcoin-logo-at-the-intersection-of-two-roads-one-le.jpg?fit=1024%2C1024\" \/>\n\t<meta property=\"og:image:width\" content=\"1024\" \/>\n\t<meta property=\"og:image:height\" content=\"1024\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Samuel Edyme\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@0xEdyme\" \/>\n<meta name=\"twitter:site\" content=\"@newsbtc\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Samuel Edyme\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/ktsl888.com\/bitcoin-news\/bitcoin-market-at-a-crossroads-are-long-term-holders-signaling-a-correction-or-a-rally\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/ktsl888.com\/bitcoin-news\/bitcoin-market-at-a-crossroads-are-long-term-holders-signaling-a-correction-or-a-rally\/\"},\"author\":{\"name\":\"Samuel Edyme\",\"@id\":\"https:\/\/ktsl888.com\/#\/schema\/person\/d19b5f18d945fb75e71771134d0e2500\"},\"headline\":\"Bitcoin\u2019s Market at a Crossroads: Are Long-Term Holders Signalling a Correction or a Rally?\",\"datePublished\":\"2024-12-07T05:00:55+00:00\",\"dateModified\":\"2024-12-06T16:34:29+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/ktsl888.com\/bitcoin-news\/bitcoin-market-at-a-crossroads-are-long-term-holders-signaling-a-correction-or-a-rally\/\"},\"wordCount\":511,\"publisher\":{\"@id\":\"https:\/\/ktsl888.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/ktsl888.com\/bitcoin-news\/bitcoin-market-at-a-crossroads-are-long-term-holders-signaling-a-correction-or-a-rally\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/12\/DALL\u00b7E-2024-12-06-16.50.30-A-compelling-digital-illustration-of-Bitcoins-market-at-a-crossroads-visually-represented-by-a-Bitcoin-logo-at-the-intersection-of-two-roads-one-le.jpg?fit=1024%2C1024\",\"keywords\":[\"bitcoin\",\"bitcoin market\",\"btc\",\"BTCUSDT\",\"crypto market\",\"cryptoquant\"],\"articleSection\":[\"Bitcoin News\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2024\",\"copyrightHolder\":{\"@id\":\"https:\/\/ktsl888.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/ktsl888.com\/bitcoin-news\/bitcoin-market-at-a-crossroads-are-long-term-holders-signaling-a-correction-or-a-rally\/\",\"url\":\"https:\/\/ktsl888.com\/bitcoin-news\/bitcoin-market-at-a-crossroads-are-long-term-holders-signaling-a-correction-or-a-rally\/\",\"name\":\"Bitcoin Market at a Crossroads: Are Long-Term Holders Signalling a Correction or a Rally?\",\"isPartOf\":{\"@id\":\"https:\/\/ktsl888.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/ktsl888.com\/bitcoin-news\/bitcoin-market-at-a-crossroads-are-long-term-holders-signaling-a-correction-or-a-rally\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/ktsl888.com\/bitcoin-news\/bitcoin-market-at-a-crossroads-are-long-term-holders-signaling-a-correction-or-a-rally\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/12\/DALL\u00b7E-2024-12-06-16.50.30-A-compelling-digital-illustration-of-Bitcoins-market-at-a-crossroads-visually-represented-by-a-Bitcoin-logo-at-the-intersection-of-two-roads-one-le.jpg?fit=1024%2C1024\",\"datePublished\":\"2024-12-07T05:00:55+00:00\",\"dateModified\":\"2024-12-06T16:34:29+00:00\",\"description\":\"The role of Bitcoin long-term holders (LTHs) has once again come under the microscope of analysts as the asset currently faces a...\",\"breadcrumb\":{\"@id\":\"https:\/\/ktsl888.com\/bitcoin-news\/bitcoin-market-at-a-crossroads-are-long-term-holders-signaling-a-correction-or-a-rally\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/ktsl888.com\/bitcoin-news\/bitcoin-market-at-a-crossroads-are-long-term-holders-signaling-a-correction-or-a-rally\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ktsl888.com\/bitcoin-news\/bitcoin-market-at-a-crossroads-are-long-term-holders-signaling-a-correction-or-a-rally\/#primaryimage\",\"url\":\"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/12\/DALL\u00b7E-2024-12-06-16.50.30-A-compelling-digital-illustration-of-Bitcoins-market-at-a-crossroads-visually-represented-by-a-Bitcoin-logo-at-the-intersection-of-two-roads-one-le.jpg?fit=1024%2C1024\",\"contentUrl\":\"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/12\/DALL\u00b7E-2024-12-06-16.50.30-A-compelling-digital-illustration-of-Bitcoins-market-at-a-crossroads-visually-represented-by-a-Bitcoin-logo-at-the-intersection-of-two-roads-one-le.jpg?fit=1024%2C1024\",\"width\":1024,\"height\":1024,\"caption\":\"Bitcoin Market at a Crossroads: Are Long-Term Holders Signaling a Correction or a Bull Run?\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/ktsl888.com\/bitcoin-news\/bitcoin-market-at-a-crossroads-are-long-term-holders-signaling-a-correction-or-a-rally\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/ktsl888.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Bitcoin\u2019s Market at a Crossroads: Are Long-Term Holders Signalling a Correction or a Rally?\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/ktsl888.com\/#website\",\"url\":\"https:\/\/ktsl888.com\/\",\"name\":\"NewsBTC\",\"description\":\"Bitcoin & 지노사이트 Today\",\"publisher\":{\"@id\":\"https:\/\/ktsl888.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/ktsl888.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/ktsl888.com\/#organization\",\"name\":\"NewsBTC\",\"url\":\"https:\/\/ktsl888.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ktsl888.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ktsl888.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"contentUrl\":\"https:\/\/ktsl888.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"width\":157,\"height\":46,\"caption\":\"NewsBTC\"},\"image\":{\"@id\":\"https:\/\/ktsl888.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/newsbtc\",\"https:\/\/x.com\/newsbtc\",\"https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/ktsl888.com\/#\/schema\/person\/d19b5f18d945fb75e71771134d0e2500\",\"name\":\"Samuel Edyme\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ktsl888.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/0740dd47da0842fb4beb4895ce9022b4?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/0740dd47da0842fb4beb4895ce9022b4?s=96&d=mm&r=g\",\"caption\":\"Samuel Edyme\"},\"description\":\"Meet Samuel Edyme, Nickname - HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme\u2019s foray into the crypto universe is nothing short of cinematic. His journey began not with a triumphant investment, but with a scam. Yes, a Ponzi scheme that used crypto as payment roped him in. Rather than retreating, he emerged wiser and more determined, channeling his experience into over three years of insightful market analysis. Before becoming the voice of reason in the crypto space, Edyme was the quintessential crypto degen. He aped into anything that promised a quick buck, anything ape-able, learning the ropes the hard way. These hands-on experience through major market events\u2014like the Terra Luna crash, the wave of bankruptcies in crypto firms, the notorious FTX collapse, and even CZ\u2019s arrest\u2014has honed his keen sense of market dynamics. When he isn\u2019t crafting engaging crypto content, you\u2019ll find Edyme backtesting charts, studying both forex and synthetic indices. His dedication to mastering the art of trading is as relentless as his pursuit of the next big story. Away from his screens, he can be found in the gym, airpods in, working out and listening to his favorite artist, NF. Or maybe he\u2019s catching some Z\u2019s or scrolling through Elon Musk\u2019s very own X platform\u2014(oops, another screen activity, my bad\u2026) Well, being an introvert, Edyme thrives in the digital realm, preferring online interaction over offline encounters\u2014(don\u2019t judge, that\u2019s just how he is built). His determination is quite unwavering to be honest, and he embodies the philosophy of continuous improvement, or \u201ckaizen,\u201d striving to be 1% better every day. His mantras, \u201cGod knows best\u201d and \u201cEverything is still on track,\u201d reflect his resilient outlook and how he lives his life. In a nutshell, Samuel Edyme was born efficient, driven by ambition, and perhaps a touch fierce. He\u2019s neither artistic nor unrealistic, and certainly not chauvinistic. Think of him as Bruce Willis in a train wreck\u2014unflappable. Edyme is like trading in your car for a jet\u2014bold. He\u2019s the guy who\u2019d ask his boss for a pay cut just to prove a point\u2014(uhhh\u2026). He is like watching your kid take his first steps. Imagine Bill Gates struggling with rent\u2014okay, maybe that\u2019s a stretch, but you get the idea, yeah. Unbelievable? Yes. Inconceivable? Perhaps. Edyme sees himself as a fairly reasonable guy, albeit a bit stubborn. Normal to you is not to him. He is not the one to take the easy road, and why would he? That\u2019s just not the way he roll. He has these favorite lyrics from NF\u2019s \u201cClouds\u201d that resonate deeply with him: \u201cWhat you think's probably unfeasible, I've done already a hundredfold.\u201d PS\u2014Edyme is HIM. HIM-buktu. Him-mulation. Him-Kardashian. Himon and Pumba. He even had his DNA tested, and guess what? He\u2019s 100% Him-alayan. Screw it, he ate the opp.\",\"sameAs\":[\"https:\/\/x.com\/0xEdyme\"],\"url\":\"https:\/\/ktsl888.com\/author\/samueledymeabayomi\/\"}]}<\/script>\n","yoast_head_json":{"title":"Bitcoin Market at a Crossroads: Are Long-Term Holders Signalling a Correction or a Rally?","description":"The role of Bitcoin long-term holders (LTHs) has once again come under the microscope of analysts as the asset currently faces a...","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/ktsl888.com\/bitcoin-news\/bitcoin-market-at-a-crossroads-are-long-term-holders-signaling-a-correction-or-a-rally\/","og_locale":"en_US","og_type":"article","og_title":"Bitcoin Market at a Crossroads: Are Long-Term Holders Signalling a Correction or a Rally?","og_description":"The role of Bitcoin long-term holders (LTHs) has once again come under the microscope of analysts as the asset currently faces a...","og_url":"https:\/\/ktsl888.com\/bitcoin-news\/bitcoin-market-at-a-crossroads-are-long-term-holders-signaling-a-correction-or-a-rally\/","og_site_name":"NewsBTC","article_publisher":"https:\/\/www.facebook.com\/newsbtc","article_published_time":"2024-12-07T05:00:55+00:00","article_modified_time":"2024-12-06T16:34:29+00:00","og_image":[{"width":1024,"height":1024,"url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/12\/DALL\u00b7E-2024-12-06-16.50.30-A-compelling-digital-illustration-of-Bitcoins-market-at-a-crossroads-visually-represented-by-a-Bitcoin-logo-at-the-intersection-of-two-roads-one-le.jpg?fit=1024%2C1024","type":"image\/jpeg"}],"author":"Samuel Edyme","twitter_card":"summary_large_image","twitter_creator":"@0xEdyme","twitter_site":"@newsbtc","twitter_misc":{"Written by":"Samuel Edyme","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/ktsl888.com\/bitcoin-news\/bitcoin-market-at-a-crossroads-are-long-term-holders-signaling-a-correction-or-a-rally\/#article","isPartOf":{"@id":"https:\/\/ktsl888.com\/bitcoin-news\/bitcoin-market-at-a-crossroads-are-long-term-holders-signaling-a-correction-or-a-rally\/"},"author":{"name":"Samuel Edyme","@id":"https:\/\/ktsl888.com\/#\/schema\/person\/d19b5f18d945fb75e71771134d0e2500"},"headline":"Bitcoin\u2019s Market at a Crossroads: Are Long-Term Holders Signalling a Correction or a Rally?","datePublished":"2024-12-07T05:00:55+00:00","dateModified":"2024-12-06T16:34:29+00:00","mainEntityOfPage":{"@id":"https:\/\/ktsl888.com\/bitcoin-news\/bitcoin-market-at-a-crossroads-are-long-term-holders-signaling-a-correction-or-a-rally\/"},"wordCount":511,"publisher":{"@id":"https:\/\/ktsl888.com\/#organization"},"image":{"@id":"https:\/\/ktsl888.com\/bitcoin-news\/bitcoin-market-at-a-crossroads-are-long-term-holders-signaling-a-correction-or-a-rally\/#primaryimage"},"thumbnailUrl":"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/12\/DALL\u00b7E-2024-12-06-16.50.30-A-compelling-digital-illustration-of-Bitcoins-market-at-a-crossroads-visually-represented-by-a-Bitcoin-logo-at-the-intersection-of-two-roads-one-le.jpg?fit=1024%2C1024","keywords":["bitcoin","bitcoin market","btc","BTCUSDT","crypto market","cryptoquant"],"articleSection":["Bitcoin News"],"inLanguage":"en-US","copyrightYear":"2024","copyrightHolder":{"@id":"https:\/\/ktsl888.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/ktsl888.com\/bitcoin-news\/bitcoin-market-at-a-crossroads-are-long-term-holders-signaling-a-correction-or-a-rally\/","url":"https:\/\/ktsl888.com\/bitcoin-news\/bitcoin-market-at-a-crossroads-are-long-term-holders-signaling-a-correction-or-a-rally\/","name":"Bitcoin Market at a Crossroads: Are Long-Term Holders Signalling a Correction or a Rally?","isPartOf":{"@id":"https:\/\/ktsl888.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/ktsl888.com\/bitcoin-news\/bitcoin-market-at-a-crossroads-are-long-term-holders-signaling-a-correction-or-a-rally\/#primaryimage"},"image":{"@id":"https:\/\/ktsl888.com\/bitcoin-news\/bitcoin-market-at-a-crossroads-are-long-term-holders-signaling-a-correction-or-a-rally\/#primaryimage"},"thumbnailUrl":"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/12\/DALL\u00b7E-2024-12-06-16.50.30-A-compelling-digital-illustration-of-Bitcoins-market-at-a-crossroads-visually-represented-by-a-Bitcoin-logo-at-the-intersection-of-two-roads-one-le.jpg?fit=1024%2C1024","datePublished":"2024-12-07T05:00:55+00:00","dateModified":"2024-12-06T16:34:29+00:00","description":"The role of Bitcoin long-term holders (LTHs) has once again come under the microscope of analysts as the asset currently faces a...","breadcrumb":{"@id":"https:\/\/ktsl888.com\/bitcoin-news\/bitcoin-market-at-a-crossroads-are-long-term-holders-signaling-a-correction-or-a-rally\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/ktsl888.com\/bitcoin-news\/bitcoin-market-at-a-crossroads-are-long-term-holders-signaling-a-correction-or-a-rally\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ktsl888.com\/bitcoin-news\/bitcoin-market-at-a-crossroads-are-long-term-holders-signaling-a-correction-or-a-rally\/#primaryimage","url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/12\/DALL\u00b7E-2024-12-06-16.50.30-A-compelling-digital-illustration-of-Bitcoins-market-at-a-crossroads-visually-represented-by-a-Bitcoin-logo-at-the-intersection-of-two-roads-one-le.jpg?fit=1024%2C1024","contentUrl":"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/12\/DALL\u00b7E-2024-12-06-16.50.30-A-compelling-digital-illustration-of-Bitcoins-market-at-a-crossroads-visually-represented-by-a-Bitcoin-logo-at-the-intersection-of-two-roads-one-le.jpg?fit=1024%2C1024","width":1024,"height":1024,"caption":"Bitcoin Market at a Crossroads: Are Long-Term Holders Signaling a Correction or a Bull Run?"},{"@type":"BreadcrumbList","@id":"https:\/\/ktsl888.com\/bitcoin-news\/bitcoin-market-at-a-crossroads-are-long-term-holders-signaling-a-correction-or-a-rally\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/ktsl888.com\/"},{"@type":"ListItem","position":2,"name":"Bitcoin\u2019s Market at a Crossroads: Are Long-Term Holders Signalling a Correction or a Rally?"}]},{"@type":"WebSite","@id":"https:\/\/ktsl888.com\/#website","url":"https:\/\/ktsl888.com\/","name":"NewsBTC","description":"Bitcoin & 지노사이트 Today","publisher":{"@id":"https:\/\/ktsl888.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/ktsl888.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/ktsl888.com\/#organization","name":"NewsBTC","url":"https:\/\/ktsl888.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ktsl888.com\/#\/schema\/logo\/image\/","url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","contentUrl":"https:\/\/ktsl888.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","width":157,"height":46,"caption":"NewsBTC"},"image":{"@id":"https:\/\/ktsl888.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/newsbtc","https:\/\/x.com\/newsbtc","https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw"]},{"@type":"Person","@id":"https:\/\/ktsl888.com\/#\/schema\/person\/d19b5f18d945fb75e71771134d0e2500","name":"Samuel Edyme","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ktsl888.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/0740dd47da0842fb4beb4895ce9022b4?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/0740dd47da0842fb4beb4895ce9022b4?s=96&d=mm&r=g","caption":"Samuel Edyme"},"description":"Meet Samuel Edyme, Nickname - HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme\u2019s foray into the crypto universe is nothing short of cinematic. His journey began not with a triumphant investment, but with a scam. Yes, a Ponzi scheme that used crypto as payment roped him in. Rather than retreating, he emerged wiser and more determined, channeling his experience into over three years of insightful market analysis. Before becoming the voice of reason in the crypto space, Edyme was the quintessential crypto degen. He aped into anything that promised a quick buck, anything ape-able, learning the ropes the hard way. These hands-on experience through major market events\u2014like the Terra Luna crash, the wave of bankruptcies in crypto firms, the notorious FTX collapse, and even CZ\u2019s arrest\u2014has honed his keen sense of market dynamics. When he isn\u2019t crafting engaging crypto content, you\u2019ll find Edyme backtesting charts, studying both forex and synthetic indices. His dedication to mastering the art of trading is as relentless as his pursuit of the next big story. Away from his screens, he can be found in the gym, airpods in, working out and listening to his favorite artist, NF. Or maybe he\u2019s catching some Z\u2019s or scrolling through Elon Musk\u2019s very own X platform\u2014(oops, another screen activity, my bad\u2026) Well, being an introvert, Edyme thrives in the digital realm, preferring online interaction over offline encounters\u2014(don\u2019t judge, that\u2019s just how he is built). His determination is quite unwavering to be honest, and he embodies the philosophy of continuous improvement, or \u201ckaizen,\u201d striving to be 1% better every day. His mantras, \u201cGod knows best\u201d and \u201cEverything is still on track,\u201d reflect his resilient outlook and how he lives his life. In a nutshell, Samuel Edyme was born efficient, driven by ambition, and perhaps a touch fierce. He\u2019s neither artistic nor unrealistic, and certainly not chauvinistic. Think of him as Bruce Willis in a train wreck\u2014unflappable. Edyme is like trading in your car for a jet\u2014bold. He\u2019s the guy who\u2019d ask his boss for a pay cut just to prove a point\u2014(uhhh\u2026). He is like watching your kid take his first steps. Imagine Bill Gates struggling with rent\u2014okay, maybe that\u2019s a stretch, but you get the idea, yeah. Unbelievable? Yes. Inconceivable? Perhaps. Edyme sees himself as a fairly reasonable guy, albeit a bit stubborn. Normal to you is not to him. He is not the one to take the easy road, and why would he? That\u2019s just not the way he roll. He has these favorite lyrics from NF\u2019s \u201cClouds\u201d that resonate deeply with him: \u201cWhat you think's probably unfeasible, I've done already a hundredfold.\u201d PS\u2014Edyme is HIM. HIM-buktu. Him-mulation. Him-Kardashian. Himon and Pumba. He even had his DNA tested, and guess what? He\u2019s 100% Him-alayan. Screw it, he ate the opp.","sameAs":["https:\/\/x.com\/0xEdyme"],"url":"https:\/\/ktsl888.com\/author\/samueledymeabayomi\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Bitcoin\u2019s Market at a Crossroads: Are Long-Term Holders Signalling a Correction or a Rally?","url":"http:\/\/ktsl888.com\/bitcoin-news\/bitcoin-market-at-a-crossroads-are-long-term-holders-signaling-a-correction-or-a-rally\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/ktsl888.com\/bitcoin-news\/bitcoin-market-at-a-crossroads-are-long-term-holders-signaling-a-correction-or-a-rally\/"},"thumbnailUrl":"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/12\/DALL\u00b7E-2024-12-06-16.50.30-A-compelling-digital-illustration-of-Bitcoins-market-at-a-crossroads-visually-represented-by-a-Bitcoin-logo-at-the-intersection-of-two-roads-one-le.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/12\/DALL\u00b7E-2024-12-06-16.50.30-A-compelling-digital-illustration-of-Bitcoins-market-at-a-crossroads-visually-represented-by-a-Bitcoin-logo-at-the-intersection-of-two-roads-one-le.jpg?fit=1024%2C1024"},"articleSection":"Bitcoin News","author":[{"@type":"Person","name":"Samuel Edyme"}],"creator":["Samuel Edyme"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/ktsl888.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["bitcoin","bitcoin market","btc","btcusdt","crypto market","cryptoquant"],"dateCreated":"2024-12-07T05:00:55Z","datePublished":"2024-12-07T05:00:55Z","dateModified":"2024-12-07T05:00:55Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Bitcoin\\u2019s Market at a Crossroads: Are Long-Term Holders Signalling a Correction or a Rally?\",\"url\":\"http:\\\/\\\/ktsl888.com\\\/bitcoin-news\\\/bitcoin-market-at-a-crossroads-are-long-term-holders-signaling-a-correction-or-a-rally\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/ktsl888.com\\\/bitcoin-news\\\/bitcoin-market-at-a-crossroads-are-long-term-holders-signaling-a-correction-or-a-rally\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2024\\\/12\\\/DALL\\u00b7E-2024-12-06-16.50.30-A-compelling-digital-illustration-of-Bitcoins-market-at-a-crossroads-visually-represented-by-a-Bitcoin-logo-at-the-intersection-of-two-roads-one-le.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2024\\\/12\\\/DALL\\u00b7E-2024-12-06-16.50.30-A-compelling-digital-illustration-of-Bitcoins-market-at-a-crossroads-visually-represented-by-a-Bitcoin-logo-at-the-intersection-of-two-roads-one-le.jpg?fit=1024%2C1024\"},\"articleSection\":\"Bitcoin News\",\"author\":[{\"@type\":\"Person\",\"name\":\"Samuel Edyme\"}],\"creator\":[\"Samuel Edyme\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"bitcoin\",\"bitcoin market\",\"btc\",\"btcusdt\",\"crypto market\",\"cryptoquant\"],\"dateCreated\":\"2024-12-07T05:00:55Z\",\"datePublished\":\"2024-12-07T05:00:55Z\",\"dateModified\":\"2024-12-07T05:00:55Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/ktsl888.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/12\/DALL\u00b7E-2024-12-06-16.50.30-A-compelling-digital-illustration-of-Bitcoins-market-at-a-crossroads-visually-represented-by-a-Bitcoin-logo-at-the-intersection-of-two-roads-one-le.jpg?fit=1024%2C1024","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts\/658633","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/users\/580"}],"replies":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/comments?post=658633"}],"version-history":[{"count":3,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts\/658633\/revisions"}],"predecessor-version":[{"id":658657,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts\/658633\/revisions\/658657"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/media\/658650"}],"wp:attachment":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/media?parent=658633"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/categories?post=658633"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/tags?post=658633"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}