Bitcoin holder count declines as some liquidate, but some experts predict potential for future growth

From Investing.com

July 18, 2024 09:30 AM:

Santiment notices decline in cryptocurrency wallets holding at least one whole Bitcoin. Analysts attribute drop to belief that Bitcoin won’t hit new all-time high this year. However, mass liquidations increase likelihood of Bitcoin rebound. Total Bitcoin holder dump currently down by 672,510 in one month.

Bitcoin supporter Samson Mow predicts Bitcoin hitting $1 million within a year. Expects bull run to start once BTC hits $100,000. Published prediction to reassure investors Bitcoin is not finished. Michael Saylor, head of MicroStrategy, tweets “Bitcoin to The Moon.” Bitcoin currently trading at $64,894.

Read more at Investing.com: Bitcoin Holder Count Faces Drastic Fall