Long-term Bitcoin holders signal bear market end

Bitcoin has seen a notable rebound, recovering from recent double-digit losses and approaching the $65,000 mark. Research firm K33 suggests that a record number of long-term holders are now accumulating and retaining their Bitcoin. This metric, combined with stabilizing market conditions and a decrease in trading activity to yearly lows, indicates that existing holders are hesitant to sell. K33's Head of Research, Vetle Lunde, noted that while 2024 saw significant selling from older coins, 2026 is characterized by exceptionally low selling pressure from these long-term holders, potentially signaling an end to the bear market.