![Bitcoin's [BTC] short- and long-term holder traits reveal this about its future](https://insights.cryptobasemarket.com/wp-content/uploads/2023/07/ambcrypto-an-image-of-bitcoin-at-a-junction-where-the-road-bran-8cb024c9-83e0-4e6d-8de5-aaa877dc534a-1200x900-340348.png)
An analysis presented by IntoTheBlock indicated that retail pressure was responsible for BTC’s inability to move past $30k. However, another cohort of holders could also be the reason for BTC’s sideways action of the last few days.
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