Buckle up, folks! Crypto trader CrediBULL Crypto is at it again, and this time he’s got a pretty compelling argument for why Bitcoin might just be about to go absolutely bonkers. 🤯
Apparently, a whopping 80% of all Bitcoin is now in the hands of “diamond hands” – aka people who are clinging to their coins for dear life and won’t sell without a fight. 💎
Now, if history is any indication (and let’s be real, it’s not always the best predictor, but just go with it), this could be the catalyst for a major price jump. We’re talking potentially $150,000 or more. 💸
The “Diamond Hands” Are Back, Baby! 👊
CrediBULL recently tweeted that over 80% of all Bitcoin is now held by long-term investors, which means there’s less “extra” supply floating around to be dumped on the market. This, in turn, means that any new buying demand can have a bigger impact on price. 📈
He shared a handy chart to illustrate his point, which shows how this has happened before. The first time was when Bitcoin was at $43K, and heavy holding helped push it up to $73K. The second time was at $58K, and… well, you get the idea. 📊
Over 80% of all the Bitcoin that will ever exist is currently being HODL’d.
The only 2 times in Bitcoin’s 15 year history that this % was higher was at 43k before a $30,000 impulse to 73k and at 58k before a $50,000 impulse to 105k+.
When the majority of $BTC total circulating…
— CrediBULL Crypto (@CredibleCrypto) July 8, 2025
Of course, this tight supply also makes Bitcoin more sensitive to demand. So, even a small rush of new buyers can squeeze the price much higher. It’s like a game of musical chairs, but with Bitcoin. 🎶
Bitcoin Treasury Companies: The New Kids on the Block 🤝
More and more public companies are now choosing to hold Bitcoin instead of cash as a treasury asset. This trend is locking up even more coins, shrinking the supply on exchanges. It’s like a big game of Bitcoin musical chairs, and everyone wants a seat. 🎶
Leading the way is Strategy (formerly MicroStrategy), which now holds over 597,325 BTC and continues to raise funds to buy even more. Other companies like Marathon Digital Holdings, Metaplanet, GameStop, Genius Group, Blockchain Group, and Nakiki SE have also joined the growing list of Bitcoin treasury holders. 📈
$150K: The Next Stop on the Bitcoin Express? 🚂
With so much Bitcoin locked away by patient holders and companies, the stage is set. CrediBULL says this is why the next price move could be bigger than the last two jumps. He thinks Bitcoin could gain $50,000 or more, pushing it past the $150,000 mark if new demand shows up. 🤯
As of now, Bitcoin is trading around $108,312, reflecting a drop of 0.53% seen in the last 24 hours. But hey, who knows what the future holds? Maybe it’s time to buckle up and enjoy the ride. 🎢
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2025-07-08 10:35