What is hodling?According to Bitcoin analyst Phillip Swift, 60% of all the Bitcoin (BTC) available has not moved in the last one year essentially, this 60% of the cryptocurrency has not been traded at all. This is known as hodling a term that means holding but is spelled as such due to a typing error.<\/p>\n
60% of all bitcoin has not moved on the blockchain for at least 1 year. This is an indication of significant hodling. The last time this happened was in early 2016, at the start of the bull run, said Swift.Advertisement<\/p>\n
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Interest from institutional investors like Goldman Sachs turned Bitcoin investors bullishOne of the reasons behind the massive hodling in Bitcoin could be the interest from institutional investors like Goldman Sachs and hedge funds.Advertisement<\/p>\n
Apart from GS, well known hedge fund manager and founder of Tudor Investment Corp., Paul Tudor Jones came out in support of Bitcoin. Bitcoin reminds me of gold when I first got into the business in 1976, he said in a market outlook note.<\/p>\n
The best profit-maximizing strategy is to own the fastest horse. If I am forced to forecast, my bet is it will be Bitcoin, he further added.Advertisement<\/p>\n
Bitcoin stalls at key $10,000 resistance level, but has significant upside if it can break through<\/p>\n
Billionaire investor Paul Tudor Jones says he's loading up on bitcoin (GBTC)<\/p>\n
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Original post: What is hodling?According to Bitcoin analyst Phillip Swift, 60% of all the Bitcoin (BTC) available has not moved in the last one year essentially, this 60% of the cryptocurrency has not been traded at all. This is known as hodling a term that means holding but is spelled as such due to a typing error. Continue reading
\nBitcoin hodl waves indicate 60% of the cryptocurrency is being hoarded analysts suggest a bull run could be - Business Insider India<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"