Strategy is key

Strategy’s 650K BTC holding is key to price stability. Market may see sideways consolidation instead of sharp drops. CryptoQuant CEO Ki Young Ju believes that the Bitcoin market is unlikely to face a significant drawdown during this cycle and the reason lies in the hands of one major holder. According to Ju, if the firm known as “Strategy” continues to hold its massive stash of 650,000 BTC, the downside risk for Bitcoin remains very limited.

This large holding acts as a sort of “anchor” for the market, preventing major price drops and reducing panic selling. Institutional holders like Strategy often signal strong conviction in the long-term value of Bitcoin, which in turn builds investor confidence and market resilience.

What Does “Sideways Consolidation” Mean for Bitcoin?

Rather than experiencing a sharp decline, Bitcoin may enter a phase of sideways consolidation. This means the price could move within a range without significant gains or losses. Such periods are usually marked by low volatility and are often seen as times for the market to “breathe” before a new trend begins.Sideways movement might not excite traders looking for quick profits, but it offers long-term investors an opportunity to accumulate more BTC without the fear of a major downturn.

INSIGHT: CryptoQuant CEO Ki Young Ju said that if Strategy holds its 650K BTC, $BTC is unlikely to face a major drawdown this cycle, with any downside likely limited to sideways consolidation.

Why Strategy’s 650K BTC Matters

Strategy’s holdings represent a substantial portion of the circulating Bitcoin supply. As long as these coins are not sold or moved to exchanges, they effectively stay out of the liquid market. This reduces supply pressure, helping to stabilize prices during uncertain conditions.In previous cycles, large sales from major wallets have triggered sharp declines. But this time, with Strategy’s steady hand, the Bitcoin market could enjoy a more controlled and less volatile path even during corrections.

Sincerely,

Pele23

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