r/bitcoinanddefi

Bitcoin is hovering around $60K–$62K right now after a rough June (down ~20%, worst monthly drop in years). It’s corrected hard from 2025 highs near $100K–$126K, but many analysts say 2026 could still deliver the real bull phase.
Quick Context:
• Post-2024 halving cycle has been slower than usual due to ETFs, macro headwinds, and institutional money.
• Historical patterns: Strength often hits 12–18 months post-halving → we’re in that window.
• Bullish views: New ATHs possible, targets $150K–$180K+ if rate cuts hit and adoption grows. 
• Risks: Further dips to $50K possible if support breaks. Mixed sentiment right now.
Long-term holders see this as accumulation. Short-term? Expect volatility.
What do you think — bottom in or more pain ahead?

Record share of BTC held by long Term hodlers is about 82% and on-chain metrics show LTH panic selling skipes may have peaked. what do you think?

long-term bitcoin holders retain a dominant share of the circulating supply. This accumulation reduces the amount of bitcoins available on the market and gradually changes the balance between buyers and sellers. Historical investors seem to favor holding their assets rather than quick redistribution.

Here are the main figures illustrating this situation:

79% of the circulating Bitcoin supply is held by long-term investors, a historic record.

218,421 BTC dormant for at least two years were reactivated as of June 6, 2026, the lowest level since 2012.

Long-term holders limit their movements.

Trading volumes decline, while ETF capital outflows reach their lowest levels of the year.

What will happen now?