BUSINESSTHE BLOCK
‘Long-term holders are hodling’: K33 says record supply metric suggests bear market may be nearing an end
K33 reports that a record supply metric suggests the bear market may be nearing an end, with stabilizing conditions and low trading activity indicating holders are reluctant to sell.
Related Signal
Adjacent reporting
- Bitcoin Bear Market Not Over, Benjamin Cowen Says Despite Recent Rally
- Bitcoin Is Getting Closer to the Bottom, But Demand Is Falling: CryptoQuant
- Standard Chartered Sees Bitcoin Bottom ‘Almost In’ as Sell-Off Cuts 14% in Seven Days
- Bitcoin's long-term holder supply approaches record high, breaking multi-year downtrend
- Bitcoin miner 'capitulation' comes as trader sees later 2026 bear-market bottom
- Tom Lee said at Consensus this week that if BTC closes May above $76K, the bear market is over. It's at $82K right now. He also said half the world's biggest banks will be crypto-native in 10 years. Curious what people think about that.