Report: Most early Bitcoin buyers left the market when Bitcoin reached $20,000

According to Zycrypto, a recent report by Coin Metrics, an encryption data and analytics company, shows that most people who entered the bitcoin market early and bought a lot of bitcoin may have sold when Bitcoin reached a record high of $20,000. Their funds have earned huge profits and left the market. Coin Metrics went on to point out that the Bitcoin market may now be more stable than in the past, as the data suggests that most holders of current trading Bitcoins are most likely to enter the field when bitcoin prices are in the “$3,000 to $12,000 range”. of.