The post Best Altcoins to Buy as Bitcoin Holders Rush to Buy the Dip appeared on BitcoinEthereumNews.com.

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. Bitcoin is currently trading at 23% less than its all-time high, after making a low of $76.6K on March 11. However, this hasn’t deterred short-term and long-term holders from accumulating the token. In this article, we’ll take a detailed look at the recent purchase data suggesting that Bitcoin is in an accumulation phase and primed for an upward push. We’ll also talk about how investing in the best altcoins could be a smart decision in the current market scenario. Both Short & Long-Term $BTC Holders Bullish Short-term $BTC holders – those who have held the token for less than 155 days – have added 15K $BTC in the first five days of April itself. Long-term holders, on the other hand, have added 400K $BTC since the beginning of February. With these fresh additions, STHs now hold around 3.7M Bitcoins, while LTHs own 13.5M. The growing accumulation from STHs is particularly interesting. Usually, short-term holders exit assets during bear runs and only accumulate if they see a positive reversal. However, that’s not the case with $BTC. Bitcoin STHs are now exhibiting traits of long-term holders, suggesting a sharp recovery might be around the corner. Bitcoin Could Reclaim $100K Soon Trump’s tariffs might have stirred something encouraging for Bitcoin investors. While there has been a bloodbath in the US stock markets, $BTC has been showing signs of decoupling. The S&P 500 index has plunged by more than 10% during this week,…

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Filed under: News - @ April 5, 2025 4:18 pm