#BTCReclaims101K The Bitcoin bull market is expected to last longer as the distribution process continues

With Bitcoin returning above 101k once again, many are beginning to worry about the sustainability of this bull run. Experts at Glassnode believe that the bull market is still in the mid to late stages with the potential for further increases. They note that long-term holders (LTH), excluding those 'super' LTH holding for more than seven years, currently hold less than 50% of the BTC supply.

Overall, LTH typically hold the majority of Bitcoin during the early stages of a bull market, before their supply diminishes to a low point. In contrast, short-term investors (STH) usually dominate with a share of about 70-80% of the supply during this phase.