Bitcoin Market Faces Stagnation as Short-Term Holders Experience Losses and Long-Term Holders Continue Profit-Taking

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The price of Bitcoin has always kept the attention of both experienced investors and individuals new to the scene. The ups and downs of the cryptocurrency seem to occur with regular frequency and to a degree that can only be described as volatile. But in recent weeks, as I’ve worked on this story, Bitcoin has seemed to enter a phase of stagnation. Its price has dropped to around $23,000, which puts it about over 50% down from its all-time high. The HODLers (a term used to describe investors who are in for the long haul) seem to always be in

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