A survey of U.S. Bitcoin holders and crypto subreddit posts found that despite anxiety and market turbulence, most investors (69%) held onto their Bitcoin, with only 8% panic selling.
As evidenced by historically high levels of long-term holders, it’s clear that bitcoin's supply is getting more distributed across a vast array of adopters.
The exponential price appreciation after the Bitcoin halving is more of a function of buyer demand than it is of the supply-side reduction of the block subsidy.
PREDICT BITCOIN
