Long-term holders of Bitcoin, known as LTHs, are showing confidence through continued accumulation even at near all-time high prices in 2025.
Recent data from CryptoQuant indicates that LTHs are accumulating Bitcoin at historic levels, similar to patterns seen before previous market rallies.
The average cost basis for these long-term positions ranges from $95,000 to $107,000, forming a strong support zone that could help sustain bullish momentum.
Short-term traders are eyeing a support level around $93,000, and a dip below this point might trigger panic selling, but overall market sentiment remains positive with growing conviction among investors.