The few weak hands we have now are some greedy people who know very little or nothing about Bitcoin but still want to invest for short-term gains based on the false information given to them. I must also admit that the number of weak hands is reducing greatly due to the years of trust Bitcoin has built for itself and education from pro-Bitcoin individuals and Bitcoin communities like this forum, which has helped in boosting the confidence of many. There is lesser FOMO and FUD, as investors who are educated now see every Bitcoin season as an opportunity to either buy, sell, or keep hodling. If we check well, we will also see that Bitcoin is becoming even more stable and less risky than it used to be in the past. Bitcoin will surely record more adoption and price stability in the future.

I don't think so. Bitcoin price needs buyers to increase or to keep its price at the same level at least, otherwise it will dip even if many people are holding it actually. So IMO the main strength of Bitcoin price is the market, and especially buyers, the more they are the more the price can rise, if sellers don't sell large bags on the other side of the orderbook.

To be honest, volatility is the beauty of Bitcoin. That's the reason, actually; often we like to play with and hold Bitcoin. As much as holders increase, it's good for Bitcoin. Holding more means circulation will be less; hence, growth will be smooth. So long term holders are strength for Bitcoin definitely. It does push the chart higher. I am aware that more big holders are accumulating that holding above 100 BTC already.

On the other hand, institutional investors hold for long terms definitely. They have their own goal for holding Bitcoin, so they are becoming strengths for Bitcoin nowadays. It does really inspire us to accumulate and hold Bitcoin for the long term.

Agreed the 155 days threshold isn't exactly long term, but I think it's good regardless, it means new people coming in and is pretty confident with their BTC holding.

But I wonder if this graph also counts bitcoin in custody of 3rd party for exchanges which lies dormant because apparently, BTC has been growing massively that everyone is trading bitcoin off-chain which means increased BTC in custody that make it looks like an increase in BTC long term holders.

A long term Bitcoin holder know they must hold Bitcoin and not sell in the near. They want to be part of Bitcoin history where they sell their Bitcoin at the top price. So when more people can hodl their Bitcoin, that will strengthen Bitcoin position and give more confident for them. The price will not drop deeper because other people want to buy and not sell.

Those long term Bitcoin holder will not panic when they read about the bad news because they know that will affect temporary. After that, Bitcoin price will increase and stay in the current price before or it will increase higher than before. But if the price is not hit their target price, they will not sell it and still hodl until the time come to sell their Bitcoin.

We're going to that point, the longer that Bitcoin exists and the lesser supply that remains to get mined, the lesser volatility that it gets. And that's right that the investors are having that ease to invest on it because they feel that it's so much better right now despite that the price keeps on rising but on their end, the volatility part is what they are looking at. There are still some manipulations today and we're seeing that and visible to us but even so, no one wants to get left behind with most of these bigger institutions.

That is right long term Bitcoin holders know they need to keep their Bitcoin and not sell it quickly. They want to be part of Bitcoin history by selling when price is highest. When more people hold onto their Bitcoin it makes Bitcoin stronger and gives these owners more confidence. Price is less likely to fall much because many people want to buy and not sell.
These long term holders do not worry much when they hear bad news because they know it will only affect price for short time. After that Bitcoin price will likely go back to where it was or even higher. But if price does not reach level they want they will continue to hold onto their Bitcoin until right time to sell comes.

I welcome the increase in Bitcoin holders, but I am not sure that organizations such as MicroStrategy or the mining company Mara are strengthening Bitcoin decentralization by becoming super holders.

Decentralization is the basis of the first cryptocurrency. Without this principle, Bitcoin has no value at all.

It is known that the security of the Bitcoin network is provided by miners. At the same time, the main income of miners is income in the form of commissions when making transactions. However, if all Bitcoins are accumulated by giants such as Michael Saylor's company, this will mean that there will be no transactions in the network of the first cryptocurrency. Accordingly, the income of miners will fall and they will no longer support the Bitcoin network. Therefore, in my opinion, not all holders are equally useful for Bitcoin.

Monopoly is a danger to the development of any business (the Bitcoin industry is no exception).

Having institutional investors is definitely a huge driver in the stability in the current market price of bitcoin. Hopefully we are headed into a bull market and I sure do hope that we will see new ATHs in the coming months, it sure is primed to happen!

Every cycle bitcoin adoption is increasing. More people will adopt bitcoin earlier bought one will get advantage for holding btc. So it's wise to grab and own your share when you have the opportunity.

You may don't have the stable income to invest daily. So it's better if you have some discretion money put it on bitcoin and forget it. If you compare it with real state think about it. Less than 50 years ago real states were cheap but it's now sky rocketing. Bitcoin has the potential to grow that level.

You may heard from your grand son telling you where's his share of bitcoin .  Now choice is yours to made