As of April 2026, there is active accumulation of Bitcoin by long-term investors—their market share has begun to rise again. Analysts at CryptoQuant note that this trend indicates a change in investor behavior: they are more frequently holding the asset rather than selling it, even during periods of volatility and geopolitical tension.
This is reported by Business • Media
“This represents a positive shift in investor behavior, as it suggests that holding currently dominates over selling, even while Bitcoin continues to trade within its range.”
Experts estimate that the number of Bitcoins held long-term by investors (LTH) is steadily increasing. Specifically, the volume of coins transitioning into this category exceeds the amount sold. If at the end of November 2025 the balance was in negative territory (minus 674,000 BTC), it has now turned positive, with an average addition of about 308,000 BTC.
It is worth noting that this metric is based on UTXO analysis: coins automatically transition into the LTH category if they remain inactive for six months. Thus, the increase in the share of long-term investors does not always indicate new purchases, but it demonstrates a prevailing trend of holding the asset over selling. Historically, this has often preceded increases in Bitcoin’s price.
At the same time, experts warn that such signals can also occur during bear markets, so they do not always guarantee the start of a new long-term trend.
Risks and Optimism in the Bitcoin Market
On April 6, 2026, Bitcoin rose above $70,000 for the first time in more than a week, attempting to stabilize above this level. At the time of publication, the asset’s value stands at $68,341, according to TradingView.
Daily chart of BTC/USDT on the Binance exchange. Source: TradingView.
Meanwhile, analysts at Santiment are recording the highest levels of greed in the market in the last three months. This may indicate a risk of a short-term correction, as:
- investors are taking profits near $70,000;
- excessive optimism often precedes price pullbacks;
- there is a possibility of a “false rally.”
Analysts’ Opinions and Possible Scenarios
At the same time, ARK Invest CEO Cathie Wood considers the current market situation to be positive, even in light of recent downturns, when compared to previous cycles where Bitcoin lost up to 95% of its value. The current correction appears to be more stable and controlled.
Additionally, CryptoQuant recently reported characteristic signs of the final stage of fear in the market, which may indicate an approach to a new phase of the market cycle.