According to Cointelegraph’s article analysis on June 11, although many analysts believe that the third halving of Bitcoin failed to produce the strong gains expected by investors, there is still evidence that retail and institutional investors are still focused on accumulating Bitcoin and Other cryptocurrencies. Skew data shows that Bitcoin continues to maintain its leading position in the asset category and is by far the best performing asset, with a year-to-date growth of 35.39%. In addition, according to the data of lookintobitcoin, the indicators on the chain show that despite the threat of half-price sale of miners and global market turmoil, the fundamentals of Bitcoin are still bullish. Long-term investors continue to hold bitcoin before and after the bitcoin halving, indicating that they have no intention of selling in the short to medium term.
