Bitcoin investors are still holding onto their holdings, despite the cryptocurrency’s dramatic price rise and volatility. A new report indicates that Bitcoin holders who purchased in 2020 and beyond are still refusing to sell their coins, even when prices have reached record highs. According to research published on the X platform on April 1, 2025, Bitcoin’s price of $110,000 was not high enough to prompt many investors to sell. The data showed that Bitcoin holders who entered the market between 2020 and 2022 continue to hold onto their investments, despite the significant gains they have made.
Bitcoin Investors: Resilient Despite Market Volatility
The report indicated that most investors who purchased Bitcoin between 2020 and 2022 are still holding onto them. Despite market volatility, including significant price drops, these investors are still refusing to sell their coins. It’s worth noting that many of these buyers entered the market when prices were very low, with Bitcoin hovering around $3,600 in 2020.
It was reported that Bitcoin holders registered during that period, who had a baseline value between the 2020 lows and the 2021 highs ($69,000), did not sell their coins even after the significant increases. Although the share of wealth held by these investors has decreased relatively since the peak in November 2024, this share remains high compared to history.
Bitcoin Price Volatility: New Buyers Are More Affected
On the other hand, the data showed that new buyers, who are considered the most speculative in the market, were more affected by recent price fluctuations. Short-term Bitcoin holders (STHs) have shown a more sensitive reaction to volatility, with instances of sudden selling occurring over the past six months, as Bitcoin reached record highs and then declined by up to 30%.
The Bitcoin market is volatile, but negative periods may indicate future opportunities.
Despite these fluctuations, he emphasized that most market participants are currently showing no signs of the “reckless speculation” that was common in previous price cycles. Although Bitcoin holders’ share of the total network wealth has declined in the short term to around 40%, this figure is still well below the previous peaks of 70-90% during previous price surges.
Bitcoin has entered a bear market, which some see as an indication of a healthy market correction. Data from the period between 2016 and 2025 shows that the current period of stagnation in network activity is long enough to not be considered a natural correction. Nevertheless, there is cautious optimism, as a reliable indicator suggests the market may be in the early stages of recovery.
Julio Moreno, head of research at CryptoQuant, said that technical indicators highlight a state of stagnation in the Bitcoin network, with funding rates for Bitcoin derivatives contracts declining, turning negative. Some attribute this decline to a decline in activity by less experienced investors, while the market remains under pressure from selling by “weak hands.”
Bitcoin’s Future Amid Economic Pressures:
While the market is experiencing volatility, Bitcoin is showing relative stability. Current data indicates that the price of Bitcoin is trading around $84,700, with a slight increase of 0.89% in the last 24 hours. The digital currency’s market capitalization remains at $1.67 trillion, with a trading volume of $19.84 billion over the same period.
Meanwhile, technical indicators continue to show a balance between selling pressure and recovery attempts. The market has not yet seen sharp fluctuations that would cause significant concern, but future indicators remain unclear, placing Bitcoin at a critical crossroads.
Trump’s Tariffs and Their Impact on Cryptocurrency Markets
As global markets await US President Donald Trump’s announcement of sweeping tariffs on “Liberation Day,” Bitcoin remains relatively stable. Despite global economic pressures and the expected impact of tariffs on markets, Bitcoin continues to maintain a high value, reaching $84,609 in the latest data.
Expectations indicate that Trump’s proposed tariffs could lead to further tensions in financial markets, potentially impacting overall cryptocurrency price movement. Investors are expected to closely monitor these developments, as various economic factors intertwine with cryptocurrency volatility.
Bitcoin in a Bear Market
Despite the market downturn, Bitcoin remains a focus for many analysts and investors. Some see this downturn as a buying opportunity, while others view it as a sign of further price volatility. Global economic tensions and the imposition of tariffs could position the cryptocurrency to withstand or even expand in the long term.
In conclusion, Bitcoin remains one of the most complex digital assets in its market movements. Despite the sharp price fluctuations and changes in network activity, long-term Bitcoin holders remain optimistic that the market will regain balance in the future. The coming period will remain pivotal for the digital currency, as further economic and political decisions will determine its future direction.
What lies ahead for Bitcoin?
Bitcoin investors remain optimistic despite the recent market volatility. The average Bitcoin funding rate across four major exchanges has fallen into negative territory. Over the past day, Bitcoin (BTC) has experienced sharp volatility. During this period, the price fluctuated from a low of $81,000 to a high of $85,000, before falling back to $84,000. Despite the current market volatility, key stakeholders remain optimistic and anticipate market stability.
