Bitcoin Long-Term Holders Reach ATH, Is The Time For Quick Gains Over?

The world’s largest cryptocurrency Bitcoin has once again slipped below the $30,000 mark and the short-term holders who bought Bitcoin in the most recent bull run, have faced disappointment. Perhaps this unpredictability of Bitcoin has made investors go long-term on the coin. According to Glassnode, the total Bitcoin supply held by long-term holders has reached 14.5 million BTC, an all-time high (ATH).