Shiba

Bitcoin

Shiba Inu

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Recently, <a href="https://app.intotheblock.com/coin/BTC" rel="noopener noreferrer nofollow">data</a> has revealed a surprising similarity between <a href="https://u.today/will-bitcoin-hit-100000-rich-dad-poor-dad-author-kiyosaki-makes-shocking-prediction" rel="noopener noreferrer nofollow">Bitcoin</a> and Shiba Inu: the composition of their holders by time held.
For Bitcoin, the holder's composition is as follows:
69% have held for more than 1 year.
25% have held for 1 to 12 months.
6% have held for less than 1 month.
Shiba Inu’s holders present a similar distribution:
77% have held for more than 1 year.
21% have held for 1 to 12 months.
2% have held for less than 1 month.
This striking resemblance indicates that a significant majority of both Bitcoin and Shiba Inu holders are in it for the long haul, which could imply a level of confidence and stability in these assets.
Analyzing Bitcoin's price chart, the asset shows a bullish trend, with consistent higher highs and higher lows, a positive sign for continued growth. The recent break above the $50,000 resistance level suggests strong buying pressure, and if Bitcoin can maintain its position above this level, it could test the next resistance at $53,000.&nbsp; <img alt="ITB Charts" data-entity-type="file" data-entity-uuid="20be50f2-6971-498f-8e80-44fba15b27cd" src="https://u.today/sites/default/files/inline-images/image_493.png">Source: <a href="https://app.intotheblock.com/coin/BTC" rel="noopener noreferrer nofollow">IntoTheBlock</a>
<a href="https://u.today/shiba-inu-this-indicator-reveals-why-shib-is-hot-to-new-investors" rel="noopener noreferrer nofollow">Shiba Inu</a>, on the other hand, has shown a commendable recovery from its lows, steadily climbing above its moving averages, which now serve as support levels. The immediate resistance level to look out for is at $0.00000950. A breakout above this could lead to a test of the $0.00001200 level. On the downside, the support at $0.00000790 is crucial; maintaining above this level could attract more buyers.
The similarity in holders' composition suggests that despite their different market positions and use cases, Bitcoin and <a href="https://u.today/shiba-inu-this-indicator-reveals-why-shib-is-hot-to-new-investors" rel="noopener noreferrer nofollow">Shiba Inu</a> have cultivated a base of investors who believe in their long-term value. This could be a sign of maturation in the cryptocurrency market, where the "get rich quick" mentality is being overshadowed by a more strategic, long-term investment approach.

Bitcoin and Shiba Inu Have Crucial Similarity, And It Will Surprise You

U_Today

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