Wealth is created by the exchange of value and the trade realises each global locations specific cost advantages, thats the standard wealth of nations view as to why global trade is so important. Thats why holding is said to be bad, really its speculation which is the negative without any actual gains in each transaction so goods are passed only a token which benefits neither party. Holding without any use or excessive speculation without trade would do similar and cause a failure.
Compare it to real world assets like gold. Holding forever is what central banks do with tons of gold. Literally it sits there for decades and golds only use is that it wont rust or react in any way, its doing zero. Gold represents excess wealth and imbalance not utility not growth or industry but the demand for it is genuine and reliable.
However each of those central banks is also issuing notes of worth to circulate and attempts to balance an economy involving trade. All that trade has real value and utility with the gold a holding to show capital backing to trades done by the token value of paper.
Bitcoin can only really keep gaining by being more well adjusted then that dollar and gold system. It has no debt component but also no asset backing to each token value exchanged, it must enable trade or it will be replaced by a superior standard even while dollar declines alongside it.
Most of the banking system believes Bitcoin will not enable solid trade routes and so will end in speculation only. The value is the technology which is open source and will be used elsewhere, that might be a fair conclusion if any other system can hold greater integrity then the dollar while showing more trade exchanged globally. Most banking systems simply pair 1:1 ratio with the dollar and are flawed by that excess liquidity biased to politics not business or trade so banks will not beat bitcoin presently imo. Genuine growth must serve capitalism or it is temporary.
Bitcoin 7 day moving average may be challenged, 4649 Eur or 34744 CNY. The reaction to that and support 33433 CNY being where to judge it maybe. Otherwise fib levels 5600 5530 are a repeat of previous days actions so far, but it may need to confirm support now
I like this view, for me to analyze just a part of the problem, it has many other factors to divert the analytical parameters and make many people trapped, that is, trapping the crowd.
