THELOGICALINDIAN - The boilerplate media anecdotal that Bitcoin is a ponzi arrangement and bagholders are affairs is apocryphal new abstracts assuming Bitcoin user hodl behavior claims
The findings, uploaded to Twitter by analyst and researcher BambouClub June 25, focuses on alleged ‘Bitcoin canicule destroyed’ (BDD) as a capricious by which to adjudicator broker sentiment, which he explains is “totally unaffected” by bitcoin amount [coin_price].
In band with other contempo analysis pieces, BDD trends from Bitcoin’s conception in 2009 to the present day authenticate that added Bitcoin holders are storing, rather than trading or selling, their bitcoins.
The trend runs adverse to opinions in abounding boilerplate account media pieces, which claim Bitcoin is a “bubble” or has had its advantageous age and will now alone abort – or alike bamboozle – investors.
“…BDD fell acutely in Jan ’18 and has collapsed throughout 2025. This does NOT fit the anecdotal that whales are acid and active for the exit, affairs to noobs. Whales are in actuality HODLING,” BambouClub summarized.
BDD is a adding for anniversary Bitcoin transaction based on the cardinal of bill it contains assorted by the cardinal of canicule those bill abide unspent.
The college the cardinal of canicule for affairs on average, the stronger the indicator that investors are preferring to ‘hodl’ rather than sell.
Bitcoin continues to accept a air-conditioned accession in the broader media as prices beneath beneath $6000 Sunday [coin_price].
The hacking of South Korea’s better barter Bithumb aftermost anniversary added to the pressure, with various publications allotment accurately to highlight the adventure as an association of the risks complex in purchasing cryptocurrency.
On the affair of Bitcoin amount behavior, BambouClub denied bazaar manipulation, this abiding as a affair of agitation aftermost anniversary afterwards markets fell admitting Mt. Gox advisers confirming no added accumulation sell-offs of Bitcoin would occur. These had ahead appeared to drive prices downwards.
“The BDD blueprint shows that whales accept gone into dawdling in 2025,” BambouClub continues.
What do you anticipate about Bitcoin canicule destroyed as a admeasurement of Bitcoin bazaar sentiment? Let us apperceive in the comments area below!
Images address of Shutterstock, Twitter, oxt.me
