Bitcoin Long-Term Holders Refuse to Budge Amid Bear Market
Fidelity Digital Assets' latest report has shed light on the strong conviction of Bitcoin's long-term holders. The company revealed that nearly 15 million Bitcoins have remained untouched for over 155 days, indicating a commitment to the asset's future despite its current bear market performance.
Despite Bitcoin trading about 50% below its October 2025 peak, these long-term holders are holding through unrealized losses. This behavior often precedes market cycle turning points, although Fidelity stops short of confirming a market bottom.
Historical patterns suggest that this accumulation phase can be a sign of future growth. Analysts expect Bitcoin to potentially hit its bottom later this year, with seasonal trends and on-chain metrics closely watched for signs of recovery.