#glassnodebtcanalysis2022

#Bitcoin long term holder profitability shocking #stats. BTC traders may have noticed that BTC volatility was considerably down. Not so long, BTC would make high moves where prices would rally by huge difference, making it profitable for long term holders. But now, being a long term BTC holder is not as profitable as earlier.A recent Glassnode analysis showed BTC’s declining long term holder profitability. As per analysis, long term holder profitability was down to levels earlier seen in December 2018. This was the time when market bottomed out during the previous bearish cycle.  Read the full article