Deur NewsBTC - 8 maande gelede - Leestyd: 2 minute
Bitcoin Kontanthandelaars beweeg na wins, maar kan die tydren voortgaan?
As die prys van Bitcoin and the general crypto market has rallied, leading to a much-needed increase in price, Bitcoin Cash (BCH) investors are once again on a profitable path. The majority of investors are now in the green following its double-digit surge in the last week. But now the question posed is, will the price of BCH continue to maintain this surge?
Bitcoin Cash Short And Long-Term Holders Enjoy Profits
In a Thursday post, on-chain data tracking platform Santiment revealed that both short and long-term holders of Bitcoin Cash are doing quite well right now. The chart shared by the tracker showed that the average returns for 30-day and 365-day holders have risen above their average cost price.
This means that investors who got into the digitale bate in the last month, as well as those who have been holding for a year, are the ones doing well right now. It is also the first time in 10 weeks that this cohort of BCH investors is seeing profit.
The data from Santiment is also backed up by that from another on-chain tracker IntoTheBlock. According to the latter’s data on its website, 59% of all BCH investors are seeing green compared to 38% sitting in the red and 3% in neutral territory. Furthermore, IntoTheBlock shows that 96% of holders have held for more than one year, with 3% holding between 1-12 months, and 1% holding for less than one month.
Die kombinasie van die data van beide spoorsnyers vertel ons dat daar meer langtermynbeleggers in wins is in vergelyking met korttermynbeleggers. Hierdie feit versterk die jarelange oortuiging dat koop en hou gewoonlik die beste manier is om in kripto-geldeenhede te belê.
Maar kan BCH sy winste behou?
The fact that so many short and long-term holders are currently in profit can be attributed to the digital asset’s spike in the last week. Following the Grysskaal uitspraak that saw the market surge, BCH’s price rose over 14%, bringing its value to the $220 level before the retracement. Most of these gains have been sustained so far, as evidenced by the high percentage of holders in profit.
However, Santiment points out in its report that for Bitcoin Cash to continue to rise, it would be up to the whales. This is because, during the price spike, there was an increase in whale activity in relation to the BCH token. So they likely played a part in the asset’s rise.
As die walvisse steeds aktief bly en koopdruk op die munt plaas, kan die prys van BCH aanhou waardeer. 'n Beurt van koop na verkoop onder hierdie groot houers sal egter die prys vinnig laat val, veral omdat die mark reeds voel dat die euforie wat vroeër hierdie week gevoel is, begin afneem.
Presently, data from Coinmarketcap shows that Bitcoin Cash is trading at $219, a 14.57% increase in the last week.
Oorspronklike bron: NewsBTC