According to Odaily, a market report released on November 16 by CryptoQuant contributor Percival highlights that not all long-term Bitcoin holders expect the cryptocurrency to reach six-figure values. These holders, defined as those who have maintained their Bitcoin for 155 days or more, may choose to take profits once Bitcoin surpasses the $90,000 mark.
Percival notes that some of these investors have held their Bitcoin for several years, and their primary objective is to secure profits within a specific range. This behavior suggests a cautious approach among long-term holders, who may prioritize realizing gains over waiting for potentially higher valuations. The report underscores the diverse strategies employed by Bitcoin investors, reflecting varying levels of risk tolerance and financial goals.
