Bitcoin Sees Renewed Confidence as Value Buyers Step In, Long-Term Holders Stay the Course
Bitcoin (BTC) may be trading below its peak, but investor behavior points to growing confidence across both short- and long-term horizons.
Fresh data from Glassnode shows short-term holders—typically more sensitive to market volatility—have added 15,000 BTC since April began, reversing a trend of selling that saw over 280,000 BTC offloaded since February. These recent inflows suggest that value buyers are beginning to accumulate at current price levels, despite BTC still sitting nearly 25% below its all-time high.
Meanwhile, long-term holders—those who’ve held for more than 155 days—have continued to demonstrate strong conviction. Since February, this cohort has added 400,000 BTC, bringing their total holdings to over 13.5 million coins. Their steady accumulation reflects confidence in Bitcoin’s long-term prospects amid broader market uncertainty.
Although Bitcoin’s price has remained mostly flat to start April, it has outperformed traditional risk assets. The Nasdaq is down 3.5% this month, and futures indicate further losses ahead—reinforcing BTC’s appeal as a resilient alternative in turbulent markets.
