Recently, I came across some interesting data — currently, about one-third of Bitcoin holders are in loss. The last time I saw this ratio was in October last year, when the market was around $26,000.



This is quite intriguing. Has anyone wondered whether Bitcoin can break free from the four-year bull-bear cycle curse this year? If it can truly break out and start a long bull run like gold's twenty-year rally, the story would be completely different. What do you all think, will this cycle repeat or will it reverse?
BTC-0,38%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 6
  • Repost
  • Share
Comment
0/400
ApeWithNoChainvip
· 7h ago
Whoa, what does this data indicate? Is the bottom zone really here?
View OriginalReply0
RugResistantvip
· 7h ago
To be honest, losing one-third of the investment is a bit scary, but at that time, I was still averaging down at 26k. Looking back now, it was still too early. The long bull dream should be put on hold for now; breaking a 4-year cycle is not easy to achieve.
View OriginalReply0
DancingCandlesvip
· 8h ago
Hmm... Losing one-third is indeed a bit significant, indicating that quite a few people are still bottom-fishing.
View OriginalReply0
StealthDeployervip
· 8h ago
It's the same old story again; the 4-year cycle has long been overplayed.
View OriginalReply0
ApeWithNoFearvip
· 8h ago
One-third loss? I think this data might still be conservative; many people have already cut their losses and run.
View OriginalReply0
OffchainOraclevip
· 8h ago
Damn, one-third loss? Does that mean two-thirds are still riding the wave? This data just doesn't look right.
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)